Start-up Ecosystem In India

Relaxations to start-ups to create more Indian unicorns

  1. RBI will ease regulations to allow startups to raise foreign venture capital through innovative instruments.
  2. The step comes as it seeks to lighten norms to support growth of entrepreneurship in India.
  3. RBI will also simplify the process for outward remittances and allow innovative instruments like convertible notes.
  4. RBI’s measures are in line with the government’s Start-up India initiative which envisages making the ecosystem conducive for growth of startups.

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