To avoid hostile takeovers amid COVID-19, India mandates approvals on Chinese investments

TechCrunch · 2020 4.18 19:53
Chinese investors, who have poured about $6 billion into Indian startups in the last two years, will be subjected to strict regulation for their future investments in the world’s second largest internet market ... India amended its foreign direct investment policy on Saturday to include China in the list of neighboring nations that will need to seek approval from New Delhi for their future deals in the country ... Some of India’s biggest startups including financial services firm Paytm, e-commer