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Startups

Indian startups court Japan to fill funding gap and skirt China

Pandemic and problems with Beijing prompt founders to find investors elsewhere

Indian startups are seeking stronger ties with Japanese investors, who have mixed results in India.   © Reuters

TOKYO -- Indian startups are stepping up efforts to tap Japan Inc. for investment as the coronavirus pandemic and souring ties with China squeeze the industry.

Much of India remains under lockdown as the country struggles to contain the coronavirus outbreak, while a recent law restricting Chinese investment into the country threatens to choke off a major source of funding.

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