In March 2017, a delegation of 70 entrepreneurs visited Beijing, Hangzhou and Shanghai to connect with 24 Chinese conglomerates such as Alibaba, Tencent, Huawei, Fosun, etc., to learn from their business models and work culture.
The stakeholder from both economies attended the 2017 Global Young Entrepreneur Conference which exposed Indian entrepreneurs to the Chinese ecosystem. The group visit also included the Ministry of Industry along with the Indian Embassy in China.
Previously, in December 2016, the business convention trip lasted for 8 days. The team visited the Zhongguancun Tech Park Peking University along with The Great Wall and the Summer Palace.
Indian delegates visited the office campuses of Cheetah Mobile, ShareIt, Alibaba, Ant Financial amongst several others. They also participated in Hangzhou E-Commerce Conference and Invest India Event at the Indian Embassy in China.
We also organised a roadshow in Beijing and Shanghai where more than 20 Indian startups had pitched to a clutch of blue chip Chinese investors.
In the past three editions of the trip about 100 Indian entrepreneurs, and VCs got chance to experience and explore the chinese entrepreneurial ecosystem. Most of the delegates had given positive feedback as they learnt several best practices from Chinese peers. Some even struck strategic partnerships and raised capital.