Facebook eyes Indian startups for investments
It’s not just the behemoth Reliance Jio that Facebook has earmarked for investments in India. The American social-media giant eyes a bigger share of the burgeoning and lucrative Indian startup ecosystem as it looks at early-stage companies on the lines of its investments in social commerce platform Meesho and edtech enterprise Unacademy, both of whom have become unicorns.
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It’s not just the behemoth Reliance Jio that Facebook has earmarked for investments in India. The American social-media giant eyes a bigger share of the burgeoning and lucrative Indian startup ecosystem as it looks at early-stage companies on the lines of its investments in social commerce platform Meesho and edtech enterprise Unacademy, both of whom have become unicorns.
