Home / Economy / News / Blocking Chinese funding will adversely impact Indian start-ups: GlobalData

Blocking Chinese funding will adversely impact Indian start-ups: GlobalData

GlobalData said Chinese investors have been making their presence felt in a big way in the Indian start-up ecosystem over the last few years.

This includes investments where shareholding is greater than 1 per cent of the total share capital

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Some start-ups that are backed by Chinese investors like Alibaba and Tencent include BYJU's, Ola, Paytm, Zomato, Swiggy, Delhivery, Dream 11, Hike, MakeMyTrip, Oyo, Quikr, Snapdeal, Udaan and Bigbasket.

Press Trust of India New Delhi

2 min read Last Updated : Jun 24 2020 | 1:39 AM IST

The recently amended FDI rules and the straining relationship following the recent border conflict between India and China are likely to add roadblocks for Chinese investments in Indian start-ups, according to data and analytics company GlobalData.

GlobalData said Chinese investors have been making their presence felt in a big way in the Indian start-up ecosystem over the last few years.

With the amended FDI regulation, companies heavily backed by Chinese investments are in a state of uncertainty for capital raising, GlobalData said in a statement.

Some start-ups that are backed by Chinese investors like Alibaba and Tencent include BYJU's, Ola, Paytm, Zomato, Swiggy,

Topics : Chinese goods boycott Chinese investment Indian start-ups Startup funding India-China border dispute Foreign Direct Investment FDI BigBasket Byju's Snapdeal Quikr Oyo Zomato Swiggy Delhivery Alibaba tencent DPIIT

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