Sebi seeks details on startup valuation from PE, VC funds

Sebi seeks details on startup valuation from PE, VC funds

Mumbai: The capital market regulator is taking a close look at how private equity houses (PE) and venture capital funds (VCF) value the startups and unicorns they bankroll. A propped-up valuation gives a rosy picture of the portfolio to a fund’s investors and paves the way for the fund manager to attract more money from … Read more

India remains attractive for FDI investors

India remains attractive for FDI investors

Foreign direct investment (FDI) has been rising annually in contrast with the heavy selling by foreign portfolio investors (FPIs) in recent times. Gross FDI inflows were at $83.6 billion in FY22, surpassing $82 billion a year earlier. It stood at $74.4 billion in FY20. Services and manufacturing sectors accounted for a major share of FDI … Read more