#Alibaba is planning to invest $1.2 B in #Micromax which is one of the leading mobile manufacturing company in India and this deal will make Alibaba to be more stronger player in the market. Whereas on the other side we have seen that micromax is keen on investing around $400 m in around 20 startups , so this chain reaction of money flow has become a common phenomena in today's startup era and more such reactions to be seen in future . Good days for startups in india .
#startup #chainreaction #micromax #alibaba #investment #VC #PE
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