Technical / TikTok ban: ByteDance set to invest $1 Billion in India, despite the government ban

India TV : Apr 20, 2019, 09:48 AM

Despite the TikTok ban in India, ByteDance the parent company of the short video app plans on investing $1 Billion in the country over the next three years. ByteDance is considered amongst the world's most valuable startups that have investors like KKR, General Atlantic, SoftBank and Sequoia. TikTok, the short video sharing app has more than 120 million users in India that is used widely amongst youngsters in India.