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India's SEBI proposes raising angel fund investment limits and seeks public comments by Nov. 28.
India's market regulator, SEBI, proposes changes to angel fund investments, raising the maximum limit to ₹25 crore and lowering the minimum to ₹10 lakh.
Only accredited investors would be allowed to invest, and the 25% diversification limit would be removed.
SEBI also questions if angel funds should remain regulated, considering recent tax changes.
Public comments are sought by November 28.
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La SEBI de la India propone aumentar los límites de inversión de fondos de ángel y busca comentarios públicos para el 28 de noviembre.