
SEBI amends Alternative Investment Funds Regulations to introduce a new sub-category of ‘Angel Funds
Updated: 18 Jan, 2022The Securities Exchange Board of India (‘SEBI’) has at its board meeting held on June 25, 2013, inter alia amended the SEBI (Alternative Investment Fund) Regulations, 2012 by introducing ‘Angel Funds’ as a sub-category under Category I – Venture Capital Funds.