The Securities and Exchange Board of India (Sebi) has written to LinkedIn Corp. asking if its social networking service provides a platform for people or start-ups to raise money publicly in violation of the Companies Act, according to two people aware of the development. LinkedIn has said it is not involved in any activities related to securities markets.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com