Define briefly the following in context of Indian equity private funding: Venture Capital Fund.
CS Professional · Corporate Funding & Listings in Stock Exchanges · PYQS · December 2020
Define briefly the following in context of Indian equity private funding: Venture Capital Fund.
Answer & Explanation:
"Venture Capital Fund": means an Alternative Investment Fund which invests primarily in unlisted securities of start-ups, emerging or early-stage venture capital undertakings mainly involved in new products, new services, technology or intellectual property right based activities or a new business model and shall include an angel fund as defined under Chapter III-A of the SEBI (AIF) Regulations, 2012.
Topics: Indian Equity Private Funding
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