Bangalore: Apple and Google with iPhone and Android respectively had conquered the world mobile market as these products gained great attention from the public, in such a situation it is obvious for all of us to think that Silicon Valley is the hub for all such activities and capitalists concentrate only in this portion of the world to make any great investment. But the fact has a different note, China and India procured the largest funding from venture capitalists in the mobile space during the first half of the year reports Rutberg 1H12 Update.

A Beijing based mobile maker Xiaomi Technologies secured the largest investment with a whopping $216 million followed by India’s Sistema Shyam, a mobile service providing company procured $158 million through fund raising as per a report from Rutberg and Co.

Considering the largest venture capital investments in the world for mobile, out of 25 massive investments Chinese companies claimed three positions whereas Indian firms grabbed two spots. The remaining part of the list is taken over by American firms with 17 companies out which the vast majority is based in California.

Rutberg also reports that investments in the mobile section have soared up this year with a 30 percent increase. The total volume of funding globally in first half of this year has accounted up to $3.9 billion from $3 billion in the same period of last year. Mobile-related investments grossed for 46.3 per cent of all technology investments by venture capitalists and funding firms in the first half of the year that is a clear increase from 16.9 percent during 2009.

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