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LIC, pension funds should be allowed to invest in start-ups: Experts

Fund managers, veterans for relaxation in restrictions on domestic capital

N Sundaresha Subramanian  |  New Delhi 

Top fund managers and start-up  veterans pushed for increasing the domestic capital pool by removing investment restrictions on insurance companies and pension funds. They felt even a fraction of investible funds from these behemoths could bring in a lot more funds than what the government is directly planning to invest through its Fund of Funds. In a session titled ‘Start Up Nation’ at the India Economic Summit, jointly organised by the Confederation of Indian Industry and the World Economic Forum, Mahesh Murthy, entrepreneur and founder of Seedfund, said: ...

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First Published: Sat, October 08 2016. 00:44 IST
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