Tag "SEBI"

Indian Angel Network to raise Rs 150cr to invest in early-stage startups

By : CIOL Writers

India’s largest angel investor group —Indian Angel Network is reportedly raising Rs 150 crore in a new funding round, according to a news report in Livemint. A person aware of the matter said, that IAN has already registered a fund

Govt sets up Rs 10,000cr fund corpus to encourage startups in India

By : CIOL Writers

The startup space in India received another leg-up on Wednesday after the Union cabinet approved the setting up of a ‘Fund of Funds for Startups’ with a corpus of Rs 10,000 crore at SIDBI (Small Industries Development Bank). The decision

SEBI nod for Infibeam’s Rs 450 crore IPO

NEW DELHI, INDIA: The Securities and Exchange Board of India (SEBI) has approved online shopping portal Infibeam’s proposal to raise Rs 450 crore through an initial public offer (IPO). This makes the Gujarat headquartered Infibeam, the first company in the