Tencent quietly building up stakes in Indian startups despite FDI curbs on Chinese money

Tencent quietly building up stakes in Indian startups despite FDI curbs on Chinese money

FILE PHOTO: A Tencent logo is seen in Beijing, China September 4, 2020. REUTERS/Tingshu Wang/File Photo

Chinese internet giant Tencent Holdings has been quietly moving ahead with its investments in India despite New Delhi’s restrictions on the inflow of capital from neighbouring countries.