Chinese internet giant Tencent’s billion-dollar India bet

Tencent Chairman and Chief Executive Officer Pony Ma Huateng attends a news conference announcing the company's results in Hong Kong, China March 17, 2016. REUTERS/Bobby Yip

In April, when Tencent Holdings Ltd ploughed $700 million into India’s most valuable Internet start-up Flipkart, it sent out a clear message to the country’s rapidly growing start-up and venture-capital ecosystem: the Chinese Internet behemoth means business.

Continue reading this story with a subscription to DealStreetAsia.

Subscribe