Chapter 184 Screening Projects(2/2)
Byju's, the Indian version of "TAL Future", is valued at US$100-200 million.
It is still in a relatively early stage of development, but it will become one of the top five unicorns in India in a few years.
Zhang Yida had some impressions of this company and thought he could invest in it.
BillDesk, an online payment company, does not have much information. The last round of financing was the Series A in 2012, and there has been no financing in the past three years.
Mobikwik, also an e-wallet company, has just completed Series B financing of US$25 million, with a valuation of no more than US$100 million.
For these two payment companies, Zhang Yida wants to acquire or hold a controlling stake in one.
Jack Ma’s system in India is very successful and can be copied to create an Indian version of “Magic Pay”.
PolicyBazaar, the Indian version of "Ping An Good Doctor", is an insurance technology company with a valuation of US$400 million.
Zhang Yida is also very interested in this company, and it is suitable as a strategic investment or acquisition target.
Delhivery, the Indian version of "Shunfeng Express", is valued at US$300-350 million.
arwal, dropped out of school to start a business at the age of 17...
Zhang Yida knew who this was. This brother’s Chinese name was Li Taixi, and he later brought his business to China. OYO also became a unicorn with a valuation of over US$5 billion.
This man dropped out of college to start his own business, and in 6 years he built a unicorn worth US$5 billion.
Apart from himself, Zhang Yida feels that he may be the most powerful cheater in recent years...
A few years ago, there were Zuckerberg and Musk...
After carefully reading the information of dozens of Indian companies submitted by Lan Lan, he looked at the summary given by Lan Lan:
When investing in Internet and technology startups, Indian local investment institutions mainly invest in the seed stage and angel stage. In investments after Series B, they are rarely able to continue to invest due to limitations in the number of funds managed.
I suggest that the company mainly invests in mature-stage projects, relays to local investment institutions in India, and focuses on companies in Series B and beyond.
Zhang Yida circled all the targets he was interested in and prepared to discuss it with Lan Lan tomorrow.
In addition, to complete the investment in so many projects, Ruixiang's funds are somewhat insufficient.
The second phase of the industrial fund has only been raised not long ago, and there will be no way to raise more money in the short term.
Chapter completed!