Now, In­dia’s new FDI pol­icy in­cludes star­tups

Electronics Bazaar - - Industry News -

In­dia has un­veiled a new for­eign di­rect in­vest­ment pol­icy frame­work that for the first time in­cludes pro­vi­sions spe­cific to star­tups, a sec­tor that is at the top on the gov­ern­ment’s agenda. The 2017 FDI pol­icy cir­cu­lar lists star­tups as a sep­a­rate sec­tion, and spells out pro­vi­sions that al­low them to raise for­eign money from ven­ture cap­i­tal funds and other in­vestors through in­stru­ments such as con­vert­ible notes.

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