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- A venture capital undertaking is a domestic company whose shares are not listed on a recognised stock exchange in India123. It is engaged in the business of providing services or is engaged in the production or manufacture of articles in sectors which are not specified by the Securities and Exchange Board of India1. The definition of venture capital undertaking excludes non-banking financial companies (NBFCs), gold financing, activities not permitted under the industrial policy of government of India, and any other activity which may be specified by SEBI in consultation with the government of India2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Venture capital undertaking is currently defined as a domestic company whose shares are not listed on a recognised stock exchange in India and is in the business of providing services or is engaged in the production or manufacture of articles in sectors which are not specified by the Securities and Exchange Board of India.www.business-standard.com/article/companies/red…
A venture capital undertaking is defined under the extant AIF Regulations to mean a domestic company, which is not listed on a recognised stock exchange in India at the time of making investment; and is engaged in the business for (a) providing services, (b) production or manufacture of article or things, provided that the aforementioned businesses and activities do not include (i) non-banking financial companies (NBFCs), (ii)...
www.vccircle.com/sebi-to-ease-investment-norms-f…Definition of Venture Capital Undertaking – Section 2(n) of the Regulations define VCU as: “venture capital undertaking” means a domestic company— whose shares are not listed on a recognized stock exchange in India;vinodkothari.com/wp-content/uploads/2014/01/Vent… - People also ask
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