May 11 (Reuters) – India’s markets regulator on Monday proposed a so-called green channel mechanism to speed up capital deployment by private funds, which would allow alternative investment funds to launch schemes more quickly.
Here are some more details:
• The Securities and Exchange Board of India has proposed to let regular AIF schemes launch 10 working days after filing for private placement through a merchant banker, unless the regulator raises objections
• Schemes restricted to accredited investors can be launched immediately after filing; angel funds can circulate placement documents to investors from the date they are registered
• SEBI said the earlier review process was time-consuming and that the proposed changes were aimed at enabling faster and more efficient deployment of capital
• The move builds on a fast-track framework introduced on April 30, under which certain AIF schemes can be launched 30 days after filing documents
• India’s AIF industry is growing rapidly, with the number of funds rising 135% over five years to 1,849 as of March 31, 2026 – SEBI
($1 = 95.2400 Indian rupees)
(Reporting by Abhinav Parmar in Bengaluru; Editing by Abinaya V and Mrigank Dhaniwala)