Tencent signals renewed investment interest as India eases Press Note-3 rules
“The move is certainly encouraging as we would now expect more borderline investors to participate in India. In general, funds in India can now operate with greater regulatory and structural clarity. While this may not translate to an immediate capital rush, we expect to see some improvement,” Ashley Menezes, vice chairperson, Indian Venture and Alternate Capital Association, and partner and chief operating officer, ChrysCapital, told Mint.
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