An advertising balloon for Paytm in Ooty, Tamil Nadu, India. The digital payments platform is one of many that relies on Chinese funding. Photo: Bloomberg An advertising balloon for Paytm in Ooty, Tamil Nadu, India. The digital payments platform is one of many that relies on Chinese funding. Photo: Bloomberg
An advertising balloon for Paytm in Ooty, Tamil Nadu, India. The digital payments platform is one of many that relies on Chinese funding. Photo: Bloomberg

Indian unicorns bridle as New Delhi looks a Chinese gift horse in the mouth

  • In a move that appears aimed squarely at China, India is tightening the reins on investment from neighbouring countries
  • For billion-dollar tech firms that have grown fat on Chinese funding, it’s ‘like a shakeout taking place in slow motion’

Topic |   Coronavirus pandemic
An advertising balloon for Paytm in Ooty, Tamil Nadu, India. The digital payments platform is one of many that relies on Chinese funding. Photo: Bloomberg An advertising balloon for Paytm in Ooty, Tamil Nadu, India. The digital payments platform is one of many that relies on Chinese funding. Photo: Bloomberg
An advertising balloon for Paytm in Ooty, Tamil Nadu, India. The digital payments platform is one of many that relies on Chinese funding. Photo: Bloomberg
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