Startups Prep For Exits As Chinese Backers Find Little Love

business startups prep for exits as chinese backers find little love

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Udaan, Pocket FM and Vedantu are looking to offer exits to their Chinese backers. In recent months, Antfin and Trip.com have exited or trimmed stakes in firms like Paytm and Zomato. This wave of exits and stake sales comes as the govt has not eased rules governing Press Note 3.

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