The Small Industrial Development Bank of India (Sidbi), nominated by the government to manage its Rs 10,000-crore ‘fund of funds’ for start-ups, has committed Rs 110 crore to four venture capital funds, who are together trying to raise over Rs 1300 crore, to invest in start-ups. The funds which h…
Tag: Alternative Investment Funds (AIFs)
Using AIF regulations to start-up India
On 16 January 2016 Prime Minister Narendra Modi launched “Startup India”, a scheme targeted at building a strong ecosystem to nurture innovation and start-ups in the country. A year on, it is a good time to assess how it has performed. Broadly speaking, the scheme consisted of four types of incen…
Sebi relaxes rules for angel funds to boost start-up funding
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 …
All you wanted to know about angel funds
The recent rule relaxation for Angel Funds has seen regulator SEBI turning a guardian angel to the nascent startup eco-system in India. SEBI recently amended its Alternative Investment Fund (AIF) regulations to give angel investors an easier passage. Q: What is it? A: Angel investors are a class…
Sebi to give a fillip to start-up ecosystem by reducing minimum limit on angel fund investments
Looking to provide an impetus to the early-stage startup ecosystem, markets regulator Sebi plans to reduce minimum angel fund investment for venture capital undertakings to Rs 25 lakh from the current Rs 50 lakh. Sebi may also allow the angel funds to make overseas investments up to 25 per cent o…
VCs seed the best of funds for start-ups
Mumbai: Are fears of a slump in startup investments overplayed? That seems to be the case as funding commitment – from investors to venture capital funds has octupled to Rs 9,469 crore between October 2015 and September 2016 vis-a-vis Rs 984.81 crore in the corresponding months of the previ…