Angel Funds Must Not Invest In Companies Older Than 3 Years, Says SEBI

The Securities and Exchange Board of India (SEBI) has officially announced changes to the way Angel Funds operate in India. The most prominent change is that Angel Funds now cannot invest in companies that are more than 3 years old.

The Securities and Exchange Board of India (SEBI) has officially announced changes to the way Angel Funds operate in India. The most prominent change is that Angel Funds now cannot invest in companies that are more than 3 years old.

[via WATBlog.com – Web, Advertising and Technology Blog in India » Startups]

Follow us @startupheat – lists / @sectorheat

Leave a Reply

Your email address will not be published. Required fields are marked *