The first time iXigo Founder Aloke Bajpai pitched to Fosun Kinzon Capital, the venture capital arm of Chinese conglomerate Fosun, it was through an interpreter. He was uncomfortable with the language barrier — a major factor that impedes the intermingling of the start-up ecosystems of the two nei…
Tag: Arpita Kapoor
Xiaomi founder’s Shunwei Capital invests $5 mn in Indian gaming start-up
Mobile gaming is yet to take off in India like it has in China. But investors from across the border clearly see the potential for it in the world’s second-largest smartphone market. Shunwei Capital, founded by Xiaomi boss Lei Jun, today led a series An investment of $5 million along with Accel P…
Mobile gaming start-up Mech Mocha raises Rs 32 cr
Bengaluru: Mobile gaming startup Mech Mocha has raised $5 million (about Rs 32 crore) in a series A funding round led by Accel Partners and including Chinese venture capital firm Shunwei Capital and existing investor Blume Ventures. A significant portion of the funds raised will be used to develo…