The price hike for H1B visas could have detrimental impact on the startup industry, experts say.

This is a short-term thing, the ARK Invest CEO said, adding that it's definitely a "punishment" for India. "Productivity is one of the most potent anti-inflationary forces."

Startups across the U.S. have been left worrying about the implications of potential hefty fees on H-1B visas.