Sebi wants to make it easier for start-ups to list; proposes new framework

Boosting start-ups and entrepreneurship is one of the several focus points for the Narendra Modi-led government. With a Rs 10,000 corpus allocated to new businesses and entrepreneurs, and a slew of changes to doing-business and taxation norms, it seems like the government has the back of start-ups in India.

Now, markets regulator Securities and Exchange Board of India has proposed an easier framework to ensure that start-ups in India look to the domestic market when they want to raise money, and don't to overseas, as it happens right now.

Apart from this, Sebi also wants to restructure the Institutional Trading Platform (ITP) which was launched last year but has failed to gain much traction, to attract start-ups to list.

For this, a Sebi discussion paper proposes an easier framework to allow more investor categories, relaxed shareholding norms and a smaller trading lot.

Securities and Exchange Board of India ( SEBI )