News Snapshot:
Over 100 of investment functions, primarily from Chinese origin buyers trying to pump capital into the Indian startup ecosystem, are caught in regulatory quagmire, in line with a number of individuals in the know. These proposals, starting from early to growthstage investments, are on maintain or are being moved between varied departments and ministries as the federal government continues to keep up strict curbs on capital influx from Beijing and Hong Kong. Lawyers representing buyers and startups, in addition to authorities officers that ET spoke to, stated they didn’t count on clearances anytime quickly, until the geopolitical state of affairs...
