Centre To Allocate Corpus To SIDBI To Run Secondary Deal Fund

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SUMMARY

The fund will enable SIDBI to sponsor venture capital investors engaged in secondary deals

The government believes that the fund will facilitate timely exits for investors, preventing them from making hasty decisions due to liquidity constraints

The Indian government has been introducing initiatives aimed at a conducive environment for innovation and entrepreneurship in India

The Centre is reportedly planning to allocate a corpus to the Small Industries Development Bank of India (SIDBI) to oversee a fund of funds for…



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Centre To Allocate Corpus To SIDBI To Run Secondary Deal Fund


SUMMARY

The fund will enable SIDBI to sponsor venture capital investors engaged in secondary deals

The government believes that the fund will facilitate timely exits for investors, preventing them from making hasty decisions due to liquidity constraints

The Indian government has been introducing initiatives aimed at a conducive environment for innovation and entrepreneurship in India

The Centre is reportedly planning to allocate a corpus to the Small Industries Development Bank of India (SIDBI) to oversee a fund of funds for…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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