The market regulator SEBI, for the purpose of making the start-up listing platform more attractive, is planing to relax norms by next month.
The platform will be providing easier exit options to angel investors, domestic and foreign venture capital funds and private equity players that have invested in over 3,000 startups, including in new technology space, in India.
SEBI’s board will be discussing the fresh changes in its board meeting next month.
UK Sinha, SEBI Chairman says that “What we have noticed is that most of the companies that have got listed in past one year or so are in new technology sectors or are technology-driven businesses. This gives us an idea about the direction in which our economy is moving.”
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