India Dealbook: in deal talks with China’s SouFun; Baidu, Fosun eye investments in Indian startups

Photo:, By: Nipitphand, Image ID: 100270185

At a time when Chinese companies are facing unfavourable business conditions at home, India’s burgeoning e-commerce market lures them with innumerable investment opportunities, particularly in the startup space. in talks with Chinese SouFun for strategic investment or buyout

Mumbai-based realty portal has begun talks with Chinese real estate portal SouFun for either a strategic investment or buyout, according to a report in The Economic Times. SouFun executives will be in India early next week to meet the team, the report said.

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