After three years investing for Xiaomi in India, Shirley Mao has moved up to lead its overseas investment activities.
Pingping (Shirley) Mao has been promoted to executive director and head of overseas investment at China-based consumer electronics producer Xiaomi.
Mao had previously spent nearly three years as head of India investments at Xiaomi, which has recently invested in WorkIndia, Sharechat, Zest Money and TouchTalent.
Xiaomi’s co-founders, Lei Jun and Tuck Lye Koh, also invest in India through their Shunwei Capital fund, which manages about $3bn and owns a portfolio that includes Kuku FM, Zomato, Meesho and Rapido.
Mao’s earlier…