Start-ups promoted by Tech students have been going to the overseas to raise funds from Venture Capitals and Private Equities. Now, the new norms will make fund raising easier in India, says e-Commerce Association of India (ECAI).
By Sai Nikesh D
In a move to encourage new business entrants, the Securities and Exchange Board of India (SEBI), on Tuesday, announced setting up of an ‘alternative trading platform’ dedicated for start-ups, including e-commerce firms, in the country.
The capital market regulator, by relaxing its regulations, provides an opportunity for start-ups to list and raise funds on domestic stock exchanges, instead of going overseas.
This article was published in The Dollar Business on June 24, 2015