Sebi eases rules for angel investment in startups

In an attempt to boost early-stage funding in startups, Sebi on Wednesday relaxed norms for angel investors. The regulator has raised the total number of angel investors in a startup to 200 from 49. Sebi has also reduced the minimum investment amount in startups by angel investors to Rs 25 lakh from Rs 50 lakh. Angel investors are financiers who put money in new companies at their formative stages.

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