What does FVCI stand for?

Byline: ismail05 The real estate sector has hogged the limelight among preferred investment avenues for a host of venture capital funds (VCFs) and foreign venture capital investors (FVCI) during the last fiscal.

The SEBI (Disclosure and Investor Protection) Guidelines, 2000 ("Guidelines") have been amended by SEBI vide its Circular dated 16th October 2006 pursuant to which the norms for placements to domestic and foreign venture capital investors by companies prior to their Initial Public Offers ("IPOs") have been tightened.

2005 was a milestone year for venture capital in China: Chinese venture-backed companies launched a second wave of successful IPOs on the NASDAQ; China-dedicated funds raised US$4 billion in committed capital; foreign venture capitalists advanced the deployment of various operating models in the country; and the government revised regulations that had temporarily restricted the ability of foreign venture capital investors to exit investments in Chinese companies, clearing the way for continued foreign investment.