Venture Intelligence (TSJ Media Pvt. Ltd.)
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SoftBank's Vikas Agnihotri to head IAMAI committee to address VC issues
The Internet and Mobile Association of India (IAMAI) has formed a venture capital (VC) committee to work on public policy consultations, stakeholder engagement, ecosystem enhancement, and building a strong industry network for VC firms. The committee will draw nearly half its members from the Indian VC community. Sequoia Capital India, SoftBank, Multiples PE, Indian Angel Network, 3one4 Capital, Eximius, and other domestic and international venture funds, have joined the committee as members. Vikas Agnihotri, operating partner, SoftBank Investment Advisers, will chair the committee and Shweta Rajpal Kohli, chief public policy officer, Sequoia Capital India and Southeast Asia, will be the co-chair. Some of the issues the committee will take up are a direct foreign listing of Indian startups, clarification on Gift tax, taxation on ESOPs, angel fund structure, and GIFT City regulations, among others.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.