SEBI in past have a long list of failed attempt to bring startup companies and investors on its IT Platform (refer to author Ashish Pandey’s previous article for portal named “Will SEBI’s New Efforts Be Able to Attract Listing of Startups”) and AIF, SME and surprisingly this move is an another step only in opposite direction.
The biggest dilemma, for so many of us, now a day’s is what is startup? Whether it has any definition? Can it get illustrated, in its true sense? What it covers and what not? These questions may not be as relevant for the investors and founders but for regulators definitely.