Asian tech titans pile into India’s unicorns


Image: 123rf.com

ASIA’S tech titans are making a beeline for India’s unicorns. WhatsApp rival Hike Messenger is the latest to join a handful of local startups with a value in excess of the mythical US$1bil.

China’s Tencent and Taiwan’s Foxconn led a US$175mil fundraising for the app, which allows users to send each other Bollywood-themed stickers and hide conversations from prying parents.

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Business , Central Region , unicorns , India , Hike , Tencent

   

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