Saturday, September 23 2017

August 28, 2017

100% Funding by Foreign Venture Capital is allowed in startups now

New Delhi: 100% funds from foreign venture capital investors are allowed in startups in new FDI policy of India. Commerce Ministry released the consolidated FDI policy, which is effective immediately.Govtt is trying to shore up FDI in a bid to give the economy a boost and in the past 2 years has liberalised FDI rules in civil aviation,defence and the private security business. In 2016-17 India received over $40 billion in FDI. A report by UBS securities India predicts that the quantum of investment is likely to rise over the next 5 years.