Authored by Padma Akila
Recent growth in the startup sector, with the local modern ventures going overseas, the government through the Department for Promotion of Industry and Internal Trade (DPIIT), had made startup friendly amendments to the various intellectual property rules. In our previous articles we had summarized the amendments featuring provisions and rules for startups under the Draft Patents (Amendment) Rules, 2021 and the Designs (Amendment) Rules, 2021 in our intellectual property blog. SEBI has followed these footsteps to approve the certain startup friendly decisions in its board meeting dated 25thMarch, with respect to SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and SEBI (Alternative Investment Funds) Regulations, 2012
Note: To address the availability of capital from the public market for startups and for their listing, SEBI had introduced the Innovators Growth Platform (IGP).
Approvals under
