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China’s crackdown on its technology industry means global investors seeking emerging-markets exposure will turn their attention to India, said Sumant Mandal, a managing partner at U.S. venture investor March Capital Partners.
Investors are now putting more weight on “government risk” as they assess Chinese technology companies, Mandal said in a video interview. Indian startups in areas such as internet and cloud software offer strong growth prospects but without a similar risk profile, said Mandal, co-founder of the Santa Monica, California-based firm.
Chinese regulators are reining in unruly internet companies in a campaign that spans everything from gaming to “money worship,” raising questions
