New norm for foreign VCs
| New norm for foreign VCs |
| BS Reporter / Mumbai July 04, 2009, 0:58 IST |
The Securities and Exchange Board of India (Sebi) has asked foreign venture capital (VC) funds to have a firm commitment of at least $1 million from investors at the time of seeking registration. Earlier, the criteria was applicable only for domestic VC funds.
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First Published: Jul 04 2009 | 12:58 AM IST