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The Passage in Association with Dark Horse Hosts China-India summit

Nov 11, 2018 by The Passage Team
The Passage in Association with Dark Horse Hosts China-India summit

Sequoia India team with the Chinese delegates hosted by The Passage and Dark Horse.

The Passage in association with Dark House, a leading innovation and entrepreneurship service platform in China, held a week-long summit in Delhi and Bangalore, India, with an aim to connect Chinese entrepreneurs with the Indian startup and IT ecosystem and explore the potential business opportunities in India.

Companies like Shenzhen Bluelans Network Technology, Squirrel AI Education, One star Venture participated in the event and called on India's leading players like Infosys, Xiaomi India, InMobi, Paytm among others, to gain insights into the industry.

The Passage plans to make the event a regular fixture in the days to come.

Here's a sneak peek from the China-India summit:

MakeMyTrip CFO says the company is investing heavily in the hotel segment along the lines of OYO. The Tencent and Naspers backed firm hopes to be in the black soon.
MakeMyTrip CFO says the company is investing heavily in the hotel segment along the lines of OYO. The Tencent and Naspers backed firm hopes to be in the black soon.

Speaking to Chinese delegates Delhivery’s Joint MD Sandeep Barasia says India still witnesses a large chunk of (about 60%) e-commerce transactions as cash-on-delivery.
Speaking to Chinese delegates Delhivery’s Joint MD Sandeep Barasia says India still witnesses a large chunk of (about 60%) e-commerce transactions as cash-on-delivery.

Infosys senior VP Binod Hampapur explaining how the company focussed on localisation in China to ensure 90% of the Chinese division employees were locals.
Infosys senior VP Binod Hampapur explaining how the company focussed on localisation in China to ensure 90% of the Chinese division employees were locals.

Binod Hampapur interacts with the Chinese delegates at the Infosys headquarters in Bangalore.
Binod Hampapur interacts with the Chinese delegates at the Infosys headquarters in Bangalore.

InMobi's VP of strategy and cooperation, Mansi Jain said China has been one of the biggest markets of InMobi with one-fourth of the revenue coming from the country. InMobi works with Baidu in China.
InMobi's VP of strategy and cooperation, Mansi Jain said China has been one of the biggest markets of InMobi with one-fourth of the revenue coming from the country. InMobi works with Baidu in China.

Chinese delegates at the InMobi development centre in Bangalore.
Chinese delegates at the InMobi development centre in Bangalore.

As part of the startup roadshow, Prasun Sarkar, Founder & CEO of MilMila Tech India Pvt. Ltd, a cross-border e-commerce in India, explains the market potential and the challenges of running business in India.
As part of the startup roadshow, Prasun Sarkar, Founder & CEO of MilMila Tech India Pvt. Ltd, a cross-border e-commerce in India, explains the market potential and the challenges of running business in India.

Xiaomi’s India managing director Manu Kumar Jain said the phone maker has managed to turn 60% of Xiaomi users into repeat customers.
Xiaomi’s India managing director Manu Kumar Jain said the phone maker has managed to turn 60% of Xiaomi users into repeat customers.

India’s e-commerce giant Flipkart which was recently acquired by Walmart, says the company is focussed on the India market, and has no immediate plans to expand overseas. (Pic: Flipkart Mergers and Acquisition team with the Chinese delegates at the company’s headquarters in Bangalore)
India’s e-commerce giant Flipkart which was recently acquired by Walmart, says the company is focussed on the India market, and has no immediate plans to expand overseas. (Pic: Flipkart Mergers and Acquisition team with the Chinese delegates at the company’s headquarters in Bangalore)

Sujit Mishra, VP of product at Paytm, India’s leading mobile wallet service, explains to Chinese delegates how the Paytm app works while the company aims to be a Super App like Wechat.
Sujit Mishra, VP of product at Paytm, India’s leading mobile wallet service, explains to Chinese delegates how the Paytm app works while the company aims to be a Super App like Wechat.

Chaipoint founder Amuleek Singh Bijral, interacting with the Chinese delegates, said the environmental friendly vessels they are using comes from Guangdong province of China, and are considering to expand the business to China.
Chaipoint founder Amuleek Singh Bijral, interacting with the Chinese delegates, said the environmental friendly vessels they are using comes from Guangdong province of China, and are considering to expand the business to China.

Sequoia India MD Shailesh Lakhani spoke about the choices his company makes while investing and the differences he has observed between the Chinese and Indian markets. Lakhani feels India will see more local players emerging in the startup ecosystem.
Sequoia India MD Shailesh Lakhani spoke about the choices his company makes while investing and the differences he has observed between the Chinese and Indian markets. Lakhani feels India will see more local players emerging in the startup ecosystem.

The Passage Team

The Passage is committed to creating in-depth content over technology industry across Asia with a focus on emerging startups in the technology, healthcare, education, food, tech, travel & mobility segments.

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