- China’s largest e-tailer, Alibaba Group is done with investing in Indian startups for the time-being at least, amidst geo-political conflicts arising from border skirmishes.
- The Chinese group which has investments worth around $2 billion lying in Indian startups has come to a decision to annul Indian startups for six months.
However Alibaba does not plan to withdraw stakes in existing portfolios.
....Tags : Alibaba Group, FDI policy, Paytm, zomato, Ant Financial, snapdeal, big basket, ,
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