India Digest: Sebi raises investment cap of AIFs, VCFs; Hubhopper fundraise

India Digest: Sebi raises investment cap of AIFs, VCFs; Hubhopper fundraise

Photo: Reuters

Securities and Exchange Board of India (Sebi) has enhanced the overseas investment limit of alternative investment funds and venture capital funds to $750 million from the current $500 million. Meanwhile, content aggregator Hubhopper has raised an undisclosed amount of funding from venture capital firm Unit-E Venture.

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