In an interview with CNBC-TV18, Srinivasan said that its hightime now that the United States should revisit their banking regulation system and make it more aligned with the fast moving digital world.
On September 9, the government constituted a six-member expert committee to be headed by former SEBI Chairman M Damodaran to address regulatory issues and to scale up investments by VCs and PEs. Srinivasan is also a senior board member of the Indian Private Equity and Venture Capital Association (IVCA).
While the Budget 2017 did not bring any big bang announcements for VCs and angels, investors feel that a push to digital transactions will help financial tech startups in the long term. Some feel that simplification of compliance, getting funds from overseas investment firms and some benefits to angel investors would have helped.
Sebi's move to relax listing norms for start-ups was a welcome step, said Gopal Srinivasan, CMD of TVS Capital Funds.
As it prepares a new regulatory framework for startups and alternative investments, regulator Sebi on Thursday set up an 18-member panel headed by IT czar NR Narayana Murthy to advise on policy matters in this regard.
Reckoned for his business acumen, deep knowledge and focus Gopal Srinivsan of TVS Capital Funds sets the bar high for TVS Capital as years go by. In an interview to CNBC-TV18, Srinivasan talks about the business, investments and road ahead for the company.