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Could Chinese gaming giant Tencent's pain impact India?

An explainer on how Tencent's misfortune can have an impact on the Indian startup ecosystem ....

Zennis Capital ,

Data Vantage: Used car marketplaces rev up for growth with new funding

Data Vantage: Used car marketplaces rev up for growth with new funding
dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.

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China's Tencent invests $225m in India's ShareChat amid stiff FDI rules: Report

China’s Tencent invests $225m in India’s ShareChat amid stiff FDI rules: Report
REUTERS/Aly Song
April 27, 2021
China’s Tencent Holdings Ltd has managed to invest $225 million in Indian social media startup ShareChat even as India has already introduced harsh rules to prevent “opportunistic takeovers” by Chinese investors, according to a Financial Times report.
In April 2020, India tightened its foreign investment rules on concerns that Chinese investors could use the COVID-19 pandemic to acquire struggling Indian companies.
According to the FT report, the Chinese Internet and social media giant seemed to have circumvented the rules by investing in ShareChat through two European entities – Zennis Capital BV and Hlodyn BV. ....

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Daily Digest of Tech Policy News and Updates (April 26, 2021)

Daily Digest of Tech Policy News and Updates (April 26, 2021)
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