• Chethan Machaknur

Chinese VCs looking for a quick exit

Chinese investors who have written small cheques in early-to mid-stage Indian tech companies are exploring a quick exit and have started talks with portfolio founders, co-investors and bankers amid the growing anti-China sentiment.The venture capital and individual investors exploring exits currently own about 4-5% in Indian companies, with some holding less than 2%.

"A lot of Chinese funds like ours invest with the bet that we would either make it a strategic play or get in early and sell to a large Chinese strategic (like Tencent or Alibaba). At this point, all those bets are off," said an investor.

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