India: Sebi increases offshore investment limit for VCs to 25%

India: Sebi increases offshore investment limit for VCs to 25%

Sebi said it has already made the changes in the existing Issue of capital and disclosure requirements (ICDR) regulations. Photo: Mint

The Securities and Exchange Board of India (Sebi) on Thursday enhanced the overseas investment limit for venture capital funds from 10% to 25%. It was proposed in a consultation paper by Sebi in April.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter