May 6, 2020

How India’s curb on Chinese FDI will leave ‘void’ in start-up scene

Posted by in category: futurism

India’s recent move to curb foreign direct investment (FDI) from countries including China may stymie the expansion of Chinese technology giants in the country, leaving start-ups in the world’s second most populous nation scrambling for funding and hi-tech know-how, experts say.

The stakes of Chinese firms like Alibaba and Tencent in some of India’s most lucrative start-ups, such as Paytm and Dream11, may be threatened by new investment restrictions, experts say.

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