SEBI enhances the foreign investment limit of AIF/VCF.

At present, Sebi-registered alternative investment funds (AIF) or venture capital funds (VCF) are permitted to invest overseas, subject to an overall limit of USD 750 million. However it has now been enhanced to USD 1,500 million.

DST invites applications from startups and companies for developing new technologies and innovative products to tackle the second COVID wave.

NIDHI4COVID2.0, a new initiative under which the companies can apply, will fund eligible start-ups & companies registered in India offering promising solutions in the thrust areas of oxygen innovation, portable solution, relevant medical accessories, diagnostic, informatics, or any other solution that addresses/mitigate various challenges faced by country/society due to the severe impact of COVID-19.