India’s AIF Industry Celebrates Landmark Tax Clarity in Budget 2025: Key Amendments Explained Mumbai – In a historic move for India’s private equity (PE) and venture capital (VC) ecosystem, Finance Minister Nirmala Sitharaman announced pivotal amendments to the Income Tax Act during the Union Budget 2025. After a decade of persistent advocacy by industry stakeholders, Section 2(14)of the Act has been revised to classify investments by Category I and II Alternative Investment Funds (AIFs) as […]

Alternate investment funds: An industry at risk of death by a thousand circulars The Importance and Future of Alternate Investment Funds Introduction Alternate Investment Funds (AIFs) are critical drivers of diversified investment strategies but face growing pressures from regulatory complexities. At Estabizz Fintech Private Limited, we believe in empowering businesses to navigate these complexities effectively. Current Landscape and Challenges AIFs, though promising, risk being stifled by intricate and ever-evolving regulatory frameworks. Understanding this landscape and […]

Sebi’s latest reforms for SME IPOs, Merchant Bankers, and Mutual Fund’s Mint recently published an explainer on the latest reforms introduced by the Securities and Exchange Board of India (SEBI) concerning SME IPOs, merchant bankers, and mutual funds. This information sheds light on the regulatory changes in the Indian financial market. Here are some key highlights from the Mint explainer: Reforms for SME IPOs: SEBI has proposed several changes to the framework governing SME IPOs […]

SEBI’s Updated Regulations for Merchant Bankers: Key Changes and Implications Enhancing Efficiency in Merchant Banking The Securities and Exchange Board of India (SEBI) has introduced significant updates to regulations for merchant bankers. These changes aim to streamline operations, promote transparency, and elevate efficiency within the industry. Key Updates: Authorized Activities: Merchant bankers are now restricted to engaging solely in SEBI-approved activities. Any non-approved activities must be transferred to a separate legal entity within a two-year […]

VC funding review in 2024: Recovering but cautious The VC funding review for 2024 indicates a cautious yet recovering trend in the venture capital landscape. Despite the cautious approach, late-stage funding saw a significant increase, constituting 38% of total VC investments in 2024, up from 31% the previous year. This growth is reflected in the late-stage funding amount, which experienced a 33% rise to $3.9 billion during the year. Summary : VC funding review in […]