Synopsis
The investors are also expected to broach sensitive topics such as flipping of Indian origin companies to foreign jurisdictions to get easier access to capital.
ETtech
Around 40-45 global as well as domestic investors are expected to present a list of key demands to the government in two separate closed-door sessions as part of Prarambh, a Startup India initiative.
These include enabling financial institutions such as the Life Insurance Corporation of India (LIC) and the National Pension Scheme (NPS) to back venture capital funds and giving a 10-year visibility on taxation rules.
ET has learnt that funds including KKR, Blackstone, Accel, Lightspeed, Sequoia Capital, Fairfax, True North, Multiples, Saama Capital and 3one4 Capital will present their recommendations in meetings attended by Union Minister of Commerce and Industry Piyush Goyal along with senior officials from the Securities and Exchange Board of India, Reserve Bank of India, Insurance Regulatory and Development Authority of India, Central Board of Direct Taxation, among others.