Technology investment in India rose 95% at $9.3 bn in 2019: Report



India attracted tech investments worth $9.36 billion last year, a 95 per cent increase compared with the previous year, according to the data compiled by a global database company.
The data collated by Dealroom.co show that the Indian investment figures coincided with record investment numbers registered by the UK in 2019, at $13.2 billion, behind the US ($116 bn) and China ($33.5 bn).
Both India and the UK witnessed a record year in terms of investments into their respective technology sectors in 2019. India attracted tech investments worth $9.36 billion last year, which marks a 95 per cent hike on the previous year, it said.
"The positive tech investment figures for India and the UK demonstrate that we are both top destinations for global investors," said Hemin Bharucha, Chief India Representative for London & Partners the Mayor of London's official promotional agency. Read More

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