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Investments into Indian Startups dropped 75% in Q2 2016

Aishwarya Gupta

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Venture capital investors are turning cautious and that might mean tough times for Indian startups that have gotten used to easy and frequent doses of capital.

Investments into venture capital-backed companies in India dropped 75 percent in the April to June quarter, compared to the same period last year, according to KMPG International and CB Insights’ quarterly report ‘Venture Pulse’.

Investments fell to $583 million compared to $2.3 billion last year, due to a dearth of mega-rounds and “wary investors”, the report said. This is now the fourth straight quarter of decline. The number of funding deals also dropped to 111 from 146.

But it is not all gloomy for Indian entrepreneurs. The report asserts that the outlook remains optimistic thanks to increasing interest in online ventures in healthcare, financial services, consumer goods, and e-commerce businesses.

Another positive trend is that a new class of investors are emerging and showing interest in startups. Family houses and investment arms of Indian business giants are actively showing interest in the startup space adjacent to their core businesses, Prasad pointed out.

Source: Investments into Startups Fall as Venture Capital Investors Take a Caution-First Approach – Bloomberg Quint

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India

RCEP trade deal hits snag over India’s demand

The 16 Asian and Oceanian countries involved in the regionwide RCEP trade deal have decided to delay the conclusion of that deal until next year.

Olivier Languepin

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RCEP negotiations hit a snag as India has grown wary of an expected influx of goods from China, with which the South Asian country runs a massive trade deficit.

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India

Thailand woos Southeast Asian tourists with shopping campaign

The programme called “Give Me Five” is set to increase shopping among tourists from Cambodia, Laos, Myanmar and Vietnam (CLMV) along with Indonesia, Malaysia and India.

Boris Sullivan

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The Tourism Authority of Thailand (TAT) has launched a new marketing campaign with the hope of luring 200,000 visitors from seven growing markets in Asia.

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India

Marketing and investment strategies in Myanmar, India

To encourage Thai SME operators to enter the international market, the Office of Small and Medium Enterprises Promotion (OSMEP) aims to urge them to invade Myanmar, Cambodian, Chinese and Indian markets.

National News Bureau of Thailand

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Marketing and investment strategies in Myanmar, India

BANGKOK, 26 July 2019 (NNT) – To encourage Thai SME operators to enter the international market, the Office of Small and Medium Enterprises Promotion (OSMEP) aims to urge them to invade Myanmar, Cambodian, Chinese and Indian markets.

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