Startup Street: Ban Won’t Stop TikTok Parent’s Spending Spree In India

Startup Street: Ban Won’t Stop TikTok Parent’s Spending Spree In India
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  • This week on Startup Street, the world's most valuable startup ByteDance said it will keep investing in the Indian market even as its video sharing app TikTok has been banned for improper content.
  • Private equity and venture capital funding may double in India in a few years time, said an EY report.
  • Private equity and venture capital investments in India's startup ecosystem can nearly double from the current level by 2025, according to a new EY report.
  • "Exits are expected to remain buoyant, backed by strong capital markets and good M&A interest from both domestic as well as overseas strategic investors," the report said.


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