China's Xiaomi To Invest $1B In 100 Indian Tech Start-ups Over 5 Years

Chinese smartphone maker, Xiaomi Inc., has said it will invest as much as US$1 billion in 100 Indian start-ups, with Shunwei Capital, a venture capital firm founded by Xiaomi's founder Lei Jun, in next five years. The duo will focus on the fields of content, financial technology, hyperlocal services, …
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