Sebi considers giving a fillip to startup ecosystem

ooking 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 of their investible corpus, in line with other Alternative Investment Funds (AIFs).

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