Investment by a Foreign Venture Capital Investor (FVCI) [See Regulation 5(7)]

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....conditions as may be laid down by the Reserve Bank, a Foreign Venture Capital Investor (FVCI) may purchase (a) securities, issued by an Indian company engaged in any sector mentioned at para 4 of this Schedule and whose securites are not listed on a recognised stock exchange at the time of issue of the said securities; (b) securities issued by a startup; (c) units of a Venture Capital Fund (....

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....n, at a price that is mutually acceptable to the buyer and the seller/ issuer. The FVCI may also receive the proceeds of the liquidation of VCFs or of Cat-I AIFs or of schemes/ funds set up by the VCFs or Cat-I AIFs. 2. Mode of payment (1) The amount of consideration shall be paid as inward remittance from abroad through banking channels or out of funds held in a foreign currency account and/ or....