can I take Foreign Investment from a friend for startup
05-Jun-2023 (In Corporate Law)
Is it possible to take an investment from a friend who is a foreigner for a new startup? What are the possible channels? Note: The foreigner is just a friend not VC.
In legal terms you can take the investment only through a route of Venture Capitalist .
Incase you intend to take in another route we suggest that you speak to your CA.
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