Indian startups may get pension, insurance funds


(Illustration: Rahul Awasthi)

Synopsis

The government has started deliberations on easing regulations to allow pension and insurance funds to flow to startups, giving them access to stable, long-term domestic capital.

New Delhi: The government has started deliberations on easing regulations to allow pension and insurance funds to flow to startups, giving them access to stable, long-term domestic capital.Indian startups rely excessively on foreign risk capital in the absence of local funding. More than 85% of investment in Indian startups comes from overseas. Domestic pension and insurance funds have a cumulative corpus of over Rs 1.5 lakh crore.A top official

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