Siddarth Pai, Founding Partner at 3one4 Capital and Co-Chair of the Regulatory Affairs Committee at IVCA, highlights that the introduction of the Variable Capital Company (VCC) structure for AIFs in GIFT IFSC is another forward-looking measure
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Experts believe that these changes will encourage more startups to remain local rather than seeking registration outside India in places like the US or Singapore to raise capital. These budget provisions are set to generate a significant positive impact by fostering more domestic capital.
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