Startups to gain as investment rules ease for pvt domestic pension funds

Indian startups will have a new source to raise capital after the finance ministry allowed private retirement funds to invest up to 5 per cent of their investible surplus in venture capital (VC) funds and other areas, said experts. Indian capital has yet played a small role in the growth of domestic startups, but that could change after the ministry freed alternative investment funds (AIFs) “In a low yield environment, global institutional investors are chasing growth in order to meet their internal return benchmarks and India startups have emerged as a strong engine of growt.....

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