India picks Infosys founder to head panel on startup funding platform

May 22, 2015 9:50 AM

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MUMBAI May 22 India's capital markets regulator has named Infosys founder N.R. Narayana Murthy to head a panel that will devise rules for a new funding platform for homegrown start-ups, the regulator said on its website.

In March, the Securities and Exchange Board of India (SEBI) announced an alternative investment platform targeted at the country's booming internet start-ups, relaxing some key requirements to encourage them to list at home.

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