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Vivek Joshi

Director & CEO @ Exc...ย โ€ขย 5m

๐Ÿค” โ€œSEBI or GIFT City โ€” which is faster for launching an AIF?โ€ I get this question a lot. Trying to addressed it: Hereโ€™s the simple story ๐Ÿ‘‡ ๐Ÿšฆ GIFT City (IFSCA): โ€ข Register a Fund Management Entity (FME) first โ€ข Regulator aims to decide in ~45 days โ€ข Green channel โ†’ VC & Restricted schemes can start fundraising immediately once โ€œtaken on recordโ€ โ€ข Typical timeline: ~2โ€“2.5 months ๐Ÿฆ SEBI (Domestic AIF): โ€ข Register the AIF itself (Cat I/II/III) โ€ข First reply usually in 21 working days โ€ข Real-world approval: ~2โ€“3 months โ€ข Certificate of Registration issued โ†’ first scheme taken on record โš–๏ธ The difference: โ€ข GIFT = faster, global, flexible โ€ข SEBI = structured, domestic-focused ๐Ÿ‘‰ The real question isnโ€™t which is quicker, but: Who are you raising from โ€” global LPs or Indian investors? That answer will show you the right door.

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