GIFT City
Finance
Airavat Capital's USD 40 Million Global Tech Fund Aims to Back Deeptech and SaaS Companies
The global technology fund, which will operate out of GIFT City (Gujarat International Finance Tec-City), is targeting only listed companies and will generally hold 15-20 companies at any given time.
Finance
Is the Government Pushing More VCs to Set Up Funds in India's GIFT City?
The Central Board of Direct Taxes (CBDT) announced a list of 21 source countries that will not be subject to the angel tax provisions on Wednesday. The list did not include nations like Singapore and Mauritius, which have established themselves as preferred jurisdictions for investments in India.