Start Up

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SEBI's Sweetener For Start-ups: Don't Pop The Champagne Yet

The boost offered to start-ups by the Securities & Exchange Board of India (SEBI) is a good move to encourage new enterprises to list in India. It holds the promise of providing start-ups with alternative routes to capital, relaxation in disclosure norms of funds accumulated, simplified bidding, e-IPO, lock-in of entire pre-issue capital and definition of promoters. These measures are very positive and indicate more progressive thinking within the SEBI and other governmental organisations. But it may not be enough, unless several other associated measures are put in place as well.