The first time I've ever seen a woman in the world, I've seen a woman in the world, I've seen a woman in the world. After Xiaomi, Yiga enters the Indian payments market 丨Going Global Weekly Report:-www.deekpay.com

Headline: 6 tech unicorns born in 4 days in India! After Xiaomi, Yiga enters Indian payments market | Going Global Weekly

In recent years, the Indian tech market has been growing rapidly, attracting the attention of many investors around the world. Recently, India has given birth to six technology unicorns in just four days, once again triggering the industry's attention. At the same time, China's well-known mobile phone brand Yiga also announced its entry into the Indian payment market, which means that China's technology enterprises are accelerating the layout of the global market.

According to media reports, the six Indian tech unicorns are Unacademy, an online education platform; CRED, a fintech company; Swiggy, a takeaway platform; Flipkart, an e-commerce company; MakeMyTrip, an online travel platform; and PharmEasy, a healthcare tech company.These companies have received high levels of funding within a short period of time, and have been valued at more than $1 billion each that have become leaders in the Indian tech market.

The rise of the Indian tech market is attributed to India's large population base and youthful consumer base. With the popularity of the Internet and the widespread use of smartphones, the Indian market has great potential. In addition, the Indian government also actively promotes technological innovation, providing a favourable development environment for entrepreneurs.

It is worth mentioning that after Xiaomi, China's mobile phone brand Yiga also announced its entry into the Indian payment market. Liu Zuohu, founder and CEO of Yiga, said that Yiga will launch its own payment service, named "Yiga Payment". This move means that Yiga will enter the field of financial technology, to further expand its business territory in India.

Yiga Pay will rely on the large user base of Yiga mobile phones in India to provide users with convenient payment services. It is reported that Yiga Pay will support a variety of payment methods, including but not limited to Alipay and WeChat Pay. In addition, Yiga also plans to cooperate with local financial institutions in India to launch more financial products and services.

The entry of Yiga Pay into the Indian market is a microcosm of the global layout of China's technology enterprises. In recent years, China's technology enterprises have made remarkable achievements in the global market, such as Alibaba, Tencent and ByteDance. These enterprises have achieved a leading position in their respective fields, not only setting an example for China's technology industry, but also bringing new vitality to the global market.

In short, the rapid development of the Indian technology market provides a broad market space for China's technology enterprises such as Yiga. In the context of globalisation, China's technology enterprises should seize the opportunity to actively expand overseas markets and enhance their international competitiveness. At the same time, the success story of the Indian market also provides a reference for other developing countries, which is expected to promote the prosperity of the global technology industry.