February 20, 2021

Investment in International Financial Services Centres under the RBI LRS Scheme

Introduction Liberalised Remittance Scheme (“LRS”) was introduced in 2004 by the Reserve Bank of India (“RBI”) as a liberalisation measure to facilitate resident individuals to …

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February 18, 2021

RBI clarifies its stance on investments in NBFCs from FATF non-compliant jurisdictions

RBI has issued a Notification[1] that clarifies its stance on investments in Non-Banking Financial Companies (NBFCs)[2] from jurisdictions identified by Financial Action Task Force (“FATF”) …

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February 17, 2021

Our Most Recent Deals

India’s CRED raises $81 million, buys back shares worth $1.2 million from employees | January 2021 BuKuKas raises $10 million led by Sequoia Capital India …

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February 12, 2021

Why investors are moving away from taking nominee director roles on the board of investee companies

Venture capital investors are increasingly opting out of being appointed as a nominee director on the board of the investee company and instead preferring the …

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February 2, 2021

Budget Highlights – 2021

FOREIGN DIRECT INVESTMENT UPDATES: FDI in Insurance sector – increase the permissible FDI limit from 49% to 74% in insurance companies and allow foreign ownership …

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