Investment by a Foreign Venture Capital Investor (FVCI)

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..... (1) Subject to the terms and conditions as may be laid down by the Reserve Bank, a Foreign Venture Capital Investor (FVCI) may purchase (a) securities, issued by an Indian company engaged in any sector mentioned at para 4 of this Schedule and whose securites are not listed on a recognised stock exchange at the time of issue of the said securities; (b) securities issued by a startup; (c) u .....

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..... instrument it is allowed to invest in, at a price that is mutually acceptable to the buyer and the seller/ issuer. The FVCI may also receive the proceeds of the liquidation of VCFs or of Cat-I AIFs or of schemes/ funds set up by the VCFs or Cat-I AIFs. 2. Mode of payment (1) The amount of consideration shall be paid as inward remittance from abroad through banking channels or out of funds .....

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..... ment of new chemical entities in pharmaceutical sector (6) Dairy industry (7) Poultry industry (8) Production of bio-fuels (9) Hotel-cum-convention centres with seating capacity of more than three thousand. (10) Infrastructure sector. The term Infrastructure Sector has the same meaning as given in the Harmonised Master List of Infrastructure sub-sectors approved by Government of I .....

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