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How SEBI’s guidance to an angel fund can impact entire AIF industry

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How SEBI’s guidance to an angel fund can impact entire AIF industry
Credit: Reuters

The Securities and Exchange Board of India’s (SEBI) recent guidance to an angel fund has ruffled the alternative investment fund (AIF) industry's feathers as it could impact early-stage investments and have ramifications for the entire sector. The capital markets regulator on September 17 issued an informal guidance to dealmaking platform Lets ......

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