TikTok will return to India, ByteDance looking to partner with Indian company

Chinese video sharing app TikTok has been banned in India for a long time. Apart from this app, the Indian government had banned many other Chinese apps in June 2020. Now, according to the latest media report, ByteDance, the parent company of the worldwide popular app, is preparing to re-enter India. For its comeback in India, the company is reportedly planning to partner with Indian-origin real estate giant Hiranandani Group. It would not be wrong to assume that ByteDance might be taking this step to keep itself out of government surveillance as much as possible.

of Economic Times Report It is said that ByteDance is trying to re-enter India through partnership with Hiranandani Group. As we told, the company’s most popular app TikTok was banned in the country along with 58 other apps about two years ago due to national security concerns. Although TikTok is still extremely popular all over the world, there is no doubt that India is one of the biggest markets for ByteDance.

The report states that Hiranandani Group runs data center operations in the country under Yotta Infrastructure Solutions and recently launched Tez Platforms, a technology-based consumer services platform. The report further states that the company wants to invest Rs 3,500 crore in its new business in the next two years.

However, the report also states that the talks between ByteDance and Hiranandani Group are still in the initial stages. ByteDance has also informally informed the Central Government about this partnership and its intention to re-enter the country.