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Traders seek scrutiny of Chinese companies’ investments in Indian start-ups


“Chinese companies that have set up their manufacturing plants in India should also be investigated whether the data they have accrued is not either being misused or sent to China,” CAIT said in the letter.

In a letter to finance minister Nirmala Sitharaman on Tuesday, CAIT pointed out that a handful of start-ups including Swiggy, Zomato, Oyo, Ola and Byju’s are backed by Chinese investors. (File image)

A day after the government banned 59 Chinese apps “in view of information available they are engaged in activities which are prejudicial to sovereignty and integrity of India”, the Confederation of All ...


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