Angel funds see red in Sebi's new accredited investors-only proposal
Business Standard|November 16, 2024
The Securities and Exchange Board of India's (Sebi's) proposal to allow only "accredited investors" to invest in angel funds has raised concerns in some quarters, even as most fund managers believe the overall ecosystem was set for a boost.
KHUSHBOO TIWARI
Angel funds see red in Sebi's new accredited investors-only proposal

This week, the market regulator suggested about two dozen measures, which include greater flexibility in the investments by angel funds with reduced investment limit, higher investment thresholds, and lower lock-in requirement.

The regulator has also sought suggestions if only "accredited investors" should invest in angel funds. Accredited investors are required to fulfil net worth criteria and get it verified by a third-party agency. The proposal keeps out investors without the necessary wherewithal of investing in startups, which is seen as highly risky and thus necessitate assessment of investor's risk appetite.

Denne historien er fra November 16, 2024-utgaven av Business Standard.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra November 16, 2024-utgaven av Business Standard.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA BUSINESS STANDARDSe alt
Ratan Tata: Picture perfect
Business Standard

Ratan Tata: Picture perfect

Politeness is to human nature What Warmth is to Wax.

time-read
4 mins  |
November 16, 2024
I chose DLF over Disneyland dream, says KP Singh
Business Standard

I chose DLF over Disneyland dream, says KP Singh

KP SPEAK: Gurugram remains a developing city; urban planning needs a long-term vision, the PM must set up a high-powered panel for it

time-read
3 mins  |
November 16, 2024
REDISCOVERY OF INDIA
Business Standard

REDISCOVERY OF INDIA

Indian collectors are reclaiming Colonial-era art created by foreigners as an intrinsic part ofthe country's history

time-read
3 mins  |
November 16, 2024
Business Standard

Go for fund with large AUM, high credit quality and low cost

Liquid funds have offered an average return of 7.28 per cent over the past year.

time-read
2 mins  |
November 16, 2024
Auto majors in slow lane on weak demand
Business Standard

Auto majors in slow lane on weak demand

TaMo, Maruti, SMIL stocks down up to 23% in 4 weeks; analysts say downside risk limited, an opportunity for long-term investors

time-read
2 mins  |
November 16, 2024
Volume growth for NMDC to remain robust in H2FY25
Business Standard

Volume growth for NMDC to remain robust in H2FY25

NMDC's revenue in Q2FY25 came in at ₹4,900 crore (a rise of 23 per cent year-on-year or Y-o-Y), while it was down 9 per cent quarter-on-quarter (Q-o-Q).

time-read
2 mins  |
November 16, 2024
Business Standard

CIEL HR to file draft papers for ₹450 cr IPO

CIEL HR Services (CIEL), which uses technology to provide human resources solutions, will soon file draft papers for an initial public offering (IPO) estimated to be around ₹450 crore in size, according to sources.

time-read
1 min  |
November 16, 2024
Angel funds see red in Sebi's new accredited investors-only proposal
Business Standard

Angel funds see red in Sebi's new accredited investors-only proposal

The Securities and Exchange Board of India's (Sebi's) proposal to allow only \"accredited investors\" to invest in angel funds has raised concerns in some quarters, even as most fund managers believe the overall ecosystem was set for a boost.

time-read
1 min  |
November 16, 2024
Business Standard

CLSA does U-turn on China, ups India exposure after Trump win

Says India seen as more attractive investment destination due to its strong economic growth and relatively low exposure to trade risks

time-read
2 mins  |
November 16, 2024
Unfazed by mkt fall, largecap, flexicap MF schemes shine in Oct
Business Standard

Unfazed by mkt fall, largecap, flexicap MF schemes shine in Oct

Both categories saw all-time-high inflows during the month

time-read
2 mins  |
November 16, 2024