Investment Criteria for a Foreign Venture Capital Investor.

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....vestors shall be subject to the following conditions:- (a) it shall disclose to the Board its investment strategy. (b) 1[* * *] it can invest its total funds committed in one venture capital fund 2[or alternative investment fund] 3[***]. (c) it shall make investments 4[* * *] as enumerated below: (i) atleast 5[66.67%] of the investible funds shall be invested in unlisted equity shares or e....

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.... of India (Alternative Investment Funds) Regulation, 2012] in which the 12[foreign venture capital investor] has already made an investment by way of equity; 13[(c) preferential allotment of equity shares of a listed company subject to lock in period of one year. Explanation 1.─ For the purposes of these regulations, a financially weak company" means a company, which has at the end of th....

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....w.e.f. May 21, 2013. 3 Words "it shall however not invest more than 25% of the funds committed for investments to India in one Venture Capital Undertaking" omitted by the SEBI (Foreign Venture Capital Investors) (Amendment) Regulations, 2004, w.e.f. 5-4-2004. 4 Words "in the Venture Capital Undertaking" omitted, ibid. 5 Substituted for "75%", ibid. 6 Inserted, ibid. 7 Substituted by the ....