Alibaba and the 40 founders from India

Blume Ventures managing partner Karthik Reddy is at extreme left, while his co-founder Sanjay Nath is the tall one in the middle. Photo credit: Blume.

If you happened to be in Hangzhou on a crisp spring morning in late March, you would have witnessed an unusual spectacle: two busloads of Indian startup founders arriving at Alibaba HQ, posing for group selfies, and taking a guided tour of China’s biggest internet success.

The entourage consisted mainly of startups from the portfolio of

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