China's interest & investments building up in India. Are startups ready to ride this wave?

China's interest & investments building up in India. Are startups ready to ride this wave?

People sit in front of the company logo of Baidu at its headquarters in Beijing December 17, 2014. REUTERS/Kim Kyung-Hoon/Files

Nasdaq-listed Baidu, often dubbed the Google of China, has jumped onto the bandwagon of Chinese technology companies making a beeline for India’s start-up market. The Beijing-based Internet company said this week that it is in talks to buy stakes in three of the country’s leading consumer Internet start-ups—Delhi-based restaurant search platform Zomato, Mumbai-based ticket booking services provider BookMyShow and Bengaluru-based groceries e-tailer BigBasket.

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