Sebi may expand angel fund investor pool, scrap 200 cap

NEW DELHI: Markets regulator Sebi is looking to expand the definition of qualified institutional buyers (QIB) and remove the 200-investor cap, allowing angel funds to access a broader pool of accredited investors. This move will enable more wealthy investors to participate, boosting funding for startups. It ensures that only financially strong investors take on high-risk investments, helping angel funds raise more capital and support early-stage companies. Sebi has sought public comments on the proposals till March 14.