PE/VC investments into India from China, Hong Kong fall 72% in CY20

Private equity/venture capital (PE/VC) investments into India from China and Hong Kong have seen a substantial drop in 2020.
 
Investments from these two regions combined have declined 72 per cent to $952 million this calendar year, from $3.4 billion in 2019, the data from Venture Intelligence shows. Investments from Mainland China have reduced 64 per cent to $377 million, while those from Hong Kong have fallen 75 per cent to $575 million in 2020. Also, over 150 applications concerning investments from Chinese entities have been pending since the introduction of press note 3 (PN3) for FDI in April, according