Foreign Direct Investment

Commerce ministry's integrated FDI allows startups to issue convertible notes for invest.....

"For sectors where FDI is not allowed under the automatic route, startups will have to seek government approval to issue convertible notes. This is something that the industry has been demanding for a long time and should have happened much before,"

Harish HV
Partner, Grant Thornton India LLP

This article appeared in Economic Times on 31st August, 2017.