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Sebi notices to PE, VC funds for flouting rules | Economic Times

Sebi notices to PE, VC funds for flouting rules https://ift.tt/ouVjwAr private-equity and venture capital funds, registered with the Securities and Exchange Board of India (Sebi) as AIFs, failed to adhere to the fund tenures they had specified in their respective offer documents while garnering the corpus, the people cited above said. Many of the early funds, floated around 2013-14, were scheduled to wind up their operations by 2021-2022.
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