China's crackdown on tech firms opens short window for Indian starts-ups

Beijing's decision to crack down on its tech start-ups has opened a window of opportunity for domestic start-ups, but it could close soon too

The Chinese government is imposing severe restrictions on their tech companies — whether it is on data security, marketing practices or floating an IPO. Should this be music to the ears of Indian start-ups and home-grown private equity (PE) funds?

Ask Indian start-ups and the answer is a resounding “yes”. But ask the domestic PEs whether they see a shift in allocation of money by their institutional investors and high net worth individuals (HNIs) from China to India and the answer is a resounding “no”.

But caution about investing in China is clearly visible. At the macro-level, the yawning gap