- Indian capital markets regulator SEBI has taken many steps to kickstart listing of start-ups in India in a big way which include a slew of relaxations for new-age ventures.
- The proposed changes include renaming the Institutional Trading Platform that the regulator had created for such listings as Innovators Growth Platform.
- The Securities and Exchange Board of India (SEBI) had set up an expert group in June 2018 to review the start-up platform.
- The Group held extensive consultations with other stakeholders including start-ups, investors, bankers and wealth management firms and submitted its report to Sebi on the proposed changes.
- The changes include doing away with the requirement of at least 50 per cent of pre-issue capital being held by qualified institutional investors.
