The Securities and Exchange Board of India (SEBI) is considering a proposal, wherein foreign venture capital funds (VCFs) will need to have a minimum capitalisation of $100,000 to be eligible to invest in India. The rule is being framed in consultation with RBI, an official familiar with the development told ET.
VCFs will need $100k capital for India entry (9th June, 2009; Economic Times)
Updated: Jan 18
Download PDF • 274KB