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Indian startups to miss Chinese expertise more than cash: SoftBank exec

India has banned over 200 Chinese apps and also put severe restrictions on Chinese investments into the country following border clashes in eastern Ladakh

startups, unicorn, funding, fintech
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He said apart from hospitality-focused Oyo, all its other bets in India are enjoying tailwinds amid the pandemic.

Press Trust of India Mumbai
Chinese capital comes with a lot of expertise on business, and Indian startups will be missing this input the most following the clampdown on investments from China, a top executive of Japanese investment major SoftBank Group said on Wednesday.
Pegging the financial setback as a result of the Indian government's moves at $10-15 billion, Rajeev Misra, a board director of the group and chief executive of SoftBank Investment Advisers, said the capital can be replaced from others in a market flooded with liquidity.
India has banned over 200 Chinese apps and also put severe restrictions on Chinese investments into the country following

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First Published: Sep 23 2020 | 8:41 PM IST

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