An Economic Times report revealed that the Securities and Exchange Board of India (SEBI) will outline a new set of rules to help startups to list on the Indian bourses.
As per the financial daily, the capital market regulator will also relax disclosure norms relating to use of funds raised in maiden public stock offering by startups.Most of the startups, which are backed by angel investors and venture capitalists (VCs), are running in losses. These companies may not even woo attention of many retail investors. In the absence of listing opportunity in India could drive these startups to tap overseas stock exchanges, which offer easier listing facilities.
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