China’s Tencent invests $225m in India’s ShareChat amid stiff FDI rules: Report

China’s Tencent invests $225m in India’s ShareChat amid stiff FDI rules: Report

REUTERS/Aly Song

China’s Tencent Holdings Ltd has managed to invest $225 million in Indian social media startup ShareChat even as India has already introduced harsh rules to prevent “opportunistic takeovers” by Chinese investors, according to a Financial Times report.