To give a fillip to start-up funding, the Securities and Exchange Board of India (Sebi) has relaxed its rules for investment by angel funds, including allowing them to invest in up to five-year old entities. Besides, the lock-in requirement has been reduced from three years to one year for angel …
Tag: Securities and Exchange Board of India
MRSS India files for FPO – the 1st ever on BSE SME platform
MRSS India, Indias 1st and only listed Market Research Company has filed a Draft Red Herring Prospectus dated September 1, 2016 (DRHP) with the Securities and Exchange Board of India (SEBI) for raising up to Rs. 100 million through Further Public Offering (FPO) of equity shares subject to requisi…
Investors say Angel Tax exemption will not benefit several startups
The government’s much-lauded decision to repeal the controversial ‘angel tax’ will not benefit several startups because of the riders attached in the new regulation, industry leaders said. ‘Angel tax’, or tax on investments in startups, was considered regressive by a…