India has become the second biggest investor in London after the US and ahead of China with a 117% increase in Indian companies across all sectors investing in the British capital during 2015, new figures say.
According to London & Partners, the business and promotional organisation of the mayor of London, the rise included a 133% increase in Indian technology companies investing in the city, which accounted for 46% of all projects.
The 20 Indian companies were selected to come to London to meet and interact with senior business leaders, venture capital investors and decision makers from major global companies. The winners come from a broad range of categories including life sciences, artificial intelligence, IT services, cyber security, sports tech, travel tech, ad tech, e-commerce and analytics.
- Major tech investments in London from India in recent years include software testing service Cigniti Technologies, customer support company Kayako and many others.
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Source – The daily Pioneer