News Snapshot:
The latest conflict along the border between India and China is keeping Indian startup founders on the tenterhooks. The latest ban on 118 Chinese apps, including popular gaming app PUBG, shows the government’s resolution to take tough choices. On June 29, India had banned 59 Chinese apps, including video-making startup TikTok, citing concerns around sovereignty and security of the country. Soon after that, it banned another 47. The big question doing the rounds now is whether the next round of government scrutiny will be on startups with large Chinese shareholding. If so, there could be multiple repercussions like increased auditing...
