2015-06-25
Startups in India can raise money through capital market, norms eased
There’s some cheer for startups in India. The Securities and Exchange Board of India (SEBI) has said it would soon be setting up an alternate platform for “Internet startups”. Not only that SEBI Chairman U K Sinha also dropped enough hints that crowdfunding would soon be legally permitted in India.
Reports: Firstpost, The Hindu, YourStory.com, Financial Times