Sebi engages with venture capital funds directly to smoothen transition to AIF
People aware of the matter told Mint that Sebi’s outreach—both independently and through industry associations such as the Indian Venture and Alternate Capital Association (IVCA) and the Private Equity and Venture Capital Chief Financial Officer Association (PEVCCFO)—helped clarify longstanding challenges and led to the extension for VCFs to wind up expired schemes. Sebi’s engagement came…