FME Regulatory Intelligence, Learning & Practice · IFSCA (Fund Management) Regulations, 2025
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Launch a Venture Capital scheme

Category I AIF-equivalent, close-ended, green-channel filing.

7 provisions to work through, in order.

Provisions to work through

0 of 7 read
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Numbers that apply 5

NumberControlsSource
50 investorsVC scheme — max investorsReg 20(1)
USD 250,000 (USD 60,000 for FME insiders)VC scheme — minimum investmentReg 20(2)
Min USD 3m; max USD 200mVC scheme — corpus bandReg 23(1)
≥80% of corpus in investees ≤10 yrs old (follow-on relief added)VC scheme — investee ageReg 23(3) + 2nd Amdt
≥2.5% of corpus or USD 750,000 (lower), capped at 10%VC scheme — FME contributionReg 28(1) (2nd Amdt)

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A decision aid, not legal advice. It points to the provisions to read; it does not replace the notified text of the IFSCA (Fund Management) Regulations, 2025 or a professional review of your facts.

Prashant Kumar

Meet the expert

CS Prashant Kumar

Company Secretary & Compliance Officer
Global Horizons Capital Advisors (IFSC) Private Limited — an IFSCA-licensed investment banker

13+ years of experienceFCS Fellow member, ICSIAuthor Audit Under Fire

Published in The Chartered Accountant (Jun 2025, Jan 2025, Mar 2024) and Chartered Secretary (Aug 2023)

Prashant Kumar is a seasoned Company Secretary and corporate governance strategist with more than 13 years of experience advising large corporates, promoter-led groups and global businesses on compliance, regulatory risk and board governance. In GIFT IFSC, the IFSCA regime is his day job rather than a research topic.