Investment Criteria for a Foreign Venture Capital Investor.

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..... tal investors shall be subject to the following conditions:- (a) it shall disclose to the Board its investment strategy. (b) 1 [* * *] it can invest its total funds committed in one venture capital fund 2 [or alternative investment fund] 3 [***]. (c) it shall make investments 4 [* * *] as enumerated below: (i) atleast 5 [66.67%] of the investible funds shall be invested in unlisted equity shares o .....

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..... ard of India (Alternative Investment Funds) Regulation, 2012] in which the 12 [foreign venture capital investor] has already made an investment by way of equity; 13 [(c) preferential allotment of equity shares of a listed company subject to lock in period of one year. Explanation 1.─ For the purposes of these regulations, a financially weak company means a company, which has at the end of th .....

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..... , 2013. 3 Words it shall however not invest more than 25% of the funds committed for investments to India in one Venture Capital Undertaking omitted by the SEBI (Foreign Venture Capital Investors) (Amendment) Regulations, 2004, w.e.f. 5-4-2004. 4 Words in the Venture Capital Undertaking omitted, ibid. 5 Substituted for 75% , ibid. 6 Inserted, ibid. 7 Substituted by the SEBI(Alternative Investment .....

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