Why SEBI set a deadline for first close for Indian PE-VC funds

 Why SEBI set a deadline for first close for Indian PE-VC funds

SEBI building in Mumbai. Photo credit: Wikimedia Commons

The Securities and Exchange Board of India (SEBI), the nodal body monitoring alternative investment funds in the country, including private equity and venture capital besides private credit, infrastructure, real estate and hedge funds, has tightened some norms that would require alternative investors to set a deadline in their fundraising cycle. […]
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Vivek Sinha

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