Sebi is proposing reforms to accelerate fundraising for alternative investment funds by introducing a “green channel” that lets eligible schemes begin immediately. It would also cut the waiting period for standard AIF launches. Accredited investors and angel funds are set to get more flexibility, with direct filings replacing merchant banker involvement in key cases.
Oil and Natural Gas Corporation is considering a new ₹200 crore alternative investment fund to incubate startups working at the intersection of energy and AI/ML. ONGC has invited applications to appoint two advisors for 12 months, tasked with due diligence, valuation negotiations, portfolio monitoring, and exit strategy. The move follows earlier ONGC startup funding and aligns with growing public-sector innovation in clean tech and industrial AI.
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The government is offering stimulus through SIDBI-backed PE-VC funds to strengthen startup financing. The move builds on the Fund of Funds for Startups (FFS) launched in 2016, which channels capital into SEBI-registered alternative investment funds. Run by state-controlled SIDBI, the FFS is positioned to give a fresh push to early-stage and growth funding for startups.
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