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<h1>Convertible Notes: Foreign Investors Can Invest in Indian Startups with Minimum 25 Lakh Investment</h1> An Indian startup can issue convertible notes to foreign investors subject to specific conditions. Investors from outside India (excluding Pakistani and Bangladeshi nationals) may purchase convertible notes worth at least twenty-five lakh rupees in a single transaction. Investments in regulated sectors require government approval. Payment modes and transfer conditions are governed by Reserve Bank guidelines. Non-resident Indians and overseas citizens can acquire such notes on non-repatriation basis, with transfers adhering to prescribed capital instrument guidelines.