Lack of clarity over foreign venture capital investments (FVCIs) in India has led to 83 applications from foreign venture capital firms piling up with the Reserve Bank of India for approval. Of these, about 28 venture funds (non-real estate funds) which have sought approval have committed close to $10 billion to India, according to lawyers […]
Tag: Venture Funds
New Investment Rules For Venture Capital And Private Equity
August 7, 2008 – 1:24 am
The government may soon come out with new investment norms for venture capital (VC), private equity (PE) and hedge funds to make their operations transparent and create a level-playing field for both the domestic and foreign players. Joint secretary in the finance ministry KP Krishnan said government is likely to revisit norms for VC funds […]