Investors copy and paste Chinese model to India

Fund raising by Indian social commerce startup Meesho highlights a broader market trend. Chinese investors are trying to replicate successful Chinese business models in India.

Investors copy and paste Chinese model to India

Indian social commerce startup Meesho said on Tuesday that it had raised $50 million for further expansion. It is just the most recent example of increasing money flows between the new economies of China and India. 

Meesho said that investors in this Series C round include private equity funds DST Partners, RPS Venture, Sequoia India, SAIF Partners, Venture Highway, and startup accelerator Y Combinator, as well as Chinese venture fund...

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