News Snapshot:
Several funding applications for the startup sector on hold or caught up in stricter scrutiny Biswarup Gooptu & Alnoor Peermohamed | ETtech | September 28, 2020, 05:00 IST Illustration: Rahul Awasthi Over a hundred of investment applications, primarily from Chinese origin investors looking to pump capital into the Indian startup ecosystem, are stuck in regulatory quagmire, according to multiple people in the know. These proposals, ranging from early to growthstage investments, are on hold or are being moved between various departments and ministries as the government continues to maintain strict curbs on capital inflow from Beijing and Hong Kong.Lawyers representing...
