India market regulator pitches country to Silicon Valley investors


Securities and Exchange Board of India (SEBI) Chairman U.K. Sinha speaks during Thomson Reuters Risk Summit in Mumbai, India, May 5, 2016. REUTERS/Shailesh Andrade

SAN FRANCISCO: The head of India's financial markets regulator visited Silicon Valley this week to promote rule changes in his country protecting minority shareholders and encourage more investment in his country's thriving technology startups. 

U.K. Sinha, chairman of the Securities and Exchange Board of India, said improved regulations make it much easier for investors in the country's over-4,000 technology startups to eventually cash out through initial public offers in Asia's third-largest economy. 

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