Business Global PEs, VCs including SoftBank, Warburg Pincus ask government for clarity on new FDI rule Updated : May 08, 2020 05:25 PM IST These private equity players and venture capital investors are concerned on whether the rules will apply even to funds that may have Chinese limited partners. The IVCA has also reached out to government departments of DPIIT, Niti Aayog as well as the union finance ministry to seek clarity on the issue. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.