SEBI Proposes to Raise the Maximum Investment Limit for Angel Funds in Start-Ups from Rs 10 Crore to Rs 25 Crore
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- By Chetan Kulasri
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- Last Updated on 15 November, 2024
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SEBI Report 2; Dated: 13.11.2024
SEBI has released a Consultation Paper on reviewing the regulatory framework for Angel Funds in AIF Regulations. Angel Funds, a type of Category I AIFs—venture Capital Funds—provide capital to start-ups from Angel Investors. SEBI has proposed raising the maximum investment limit for Angel Funds in start-ups from Rs 10 crore to Rs 25 crore and reducing the minimum investment limit from Rs 25 lakh to Rs 10 lakh. Comments may be submitted by Nov 28, 2024.
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