Money Matters
Unsurprisingly, it was Sequoia Capital India that made the highest number of investments this year as well – 32 – closely followed by Tiger Global Investments with 29. But the surprises came from Infosys and titans like Ratan Tata, NR Narayana Murthy, and Kunal Bahl, among others, who became angel investors for numerous startups.Very soon, China’s biggest e-commerce company Alibaba also entered India – not just with an investment in Paytm, but also in a mobile and commerce-focused incubator in Bangalore. Another Chinese electronics giant Xiaomi followed suit, announcing its plans to set up e-commerce warehouses and logistics, and to invest in startups in India.
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