
Foreign Investment Policy 561
· Available headroom and significant conversion/reconversion transactions shall be
disclosed by the issuer on a continuous basis.
17.2.6. Investment by a Foreign Venture capital Investor (FVCI)
A foreign venture capital investor may purchase:
· securities issued by an Indian company engaged in any sector as notified by the gov-
ernment and whose securities are not listed on a recognized stock exchange at the
time of issue of the said securities;
· securities issued by a startup; and
· units of a venture capital fund.
The sectors in which FVCI is allowed to invest are biotechnology, nanotechnology, seed ...