Alibaba’s Jack Ma partners with Chinese VC Ganesh Ventures to invest $250mn in Indian startups

Ganesh Ventures is all set to make an aggressive India entry as they announce their plans to invest $250 million. The company also becomes a strategic partner of Jack Ma’s eWTP Ecosystem Fund. The fund aims to invest the amount in Indian startups across sectors like TMT, consumer products, fintech and health-tech over the next three to five years. Ganesh Ventures aims to be a bridge for ambitious Indian entrepreneurs who want to access the Chinese startup ecosystem and stakeholders, so that they can utilize cross-border resources, exchange learnings and achieve market synergies.

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