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Facebook eyes Indian startups for investments

The American social-media giant eyes a bigger share of the burgeoning and lucrative Indian startup ecosystem as it looks at early-stage companies on the lines of its investments in social commerce platform Meesho and edtech enterprise Unacademy, both of whom have become unicorns.

"We will continue to look for investment opportunities in early-stage startups, and we are focused on backing innovative models that have the potential for growth..." Ajit Mohan, Facebook India MD told.