News Snapshot:
After the government banned Chinese investments in April, it was expected to deal a blow to many Indian startups who have raised small and large funding rounds from conglomerates such as Alibaba and Tencent and venture capital firms such as Shunwei Capital, CDH and others. While there has undoubtedly been some impact, deals - small and large - have not stopped. Some investors who earlier used to invest infrequently are not much more regular while some investors who had gone slow after frenetic dealmaking, are returning. While none of these investors have technically ‘replaced’ Chinese capital, their presence has ensured...
