Clampdown on Chinese investments: Indian startups will miss the know-how, says SoftBank’s Rajeev Misra


Source: indiatimes.com indiatimes.com

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MUMBAI: Chinese capital comes with a lot of expertise on business, and Indian startups will be missing this input the most following the clampdown on investments from China, a top executive of Japanese investment major SoftBank Group said on Wednesday. Pegging the financial setback as a result of the Indian government's moves at USD 10-15 billion, Rajeev Misra, a board director of the group and chief executive of SoftBank Investment Advisers, said the capital can be replaced from others in a market flooded with liquidity. India has banned over 200 Chinese apps and also put severe restrictions on Chinese investments...