Category : Economy & Banking
 Looking to provide an impetus to early-stage start-ups, markets regulator Securities and Exchange Board of India (SEBI) decided to double the investment limit by angel funds in venture capital undertakings to Rs10 crore from the current Rs5 crore. The SEBI board has approved amendments to Alternative Investment Funds (AIF) regulations with respect to ‘Angel Funds.’ However, the minimum investment by an angel investor will continue to be Rs25 lakh. Further, SEBI would halve the minimum corpus size required for an angel fund to register with it to Rs5 crore. |
| Source- The Hindu Business Line |
You need to login to perform this action.
You will be redirected in
3 sec
