Profiles

SEEK’s $12.5 million stake in Babajob is just the first in what will be a number of cross-regional investments

- April 30, 2015 3 MIN READ

India is attractive right now for investors. In the last 12 months, investment into India’s tech scene has increased threefold – it has become the world’s third largest startup ecosystem just behind the United States and United Kingdom, according to the 2014 National Association of Software and Services Companies (Nasscom) report. The same report also suggests that the number of startups in India will rise from around 3,100 currently to over 11,000 by 2020.