Sunday, 22 January 2017

SEBI Relaxeed Investment Rules for Angel Funds Giving Boost to Startups

• Markets regulator SEBI relaxed some of the investment rules for angel investors in Indian startups in a bid to channelise more investments into these companies on November 24, 2016.
• Angel investors are financiers who put money in new companies at their formative stages, in expectation of superior returns.
• The SEBI raised the total number of angel investors who can now invest in a start up company to 200 from 49. It also reduced the. minimum investment amount to 25 lakh from 50 lakh earlier.

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