Daijiworld Media Network - Mumbai

Mumbai, Nov 10: In a major step toward streamlining foreign investment processes, the National Securities Depository Limited (NSDL) on Monday announced the successful revamp of its Foreign Portfolio Investor (FPI) Portal and the launch of a new Foreign Venture Capital Investor (FVCI) Portal.

The new unified digital platform integrates FPI and FVCI registration and compliance operations under a single interface — eliminating the need for multiple logins and reducing manual intervention.

“The launch of the revamped FPI and FVCI portals represents progress in action. It’s not just an upgrade but a strong commitment from NSDL to empower participants with world-class digital infrastructure,” said Vijay Chandok, managing director and CEO of NSDL.

Designed to simplify and accelerate market access for global investors, the new system offers:

• Guided workflows and real-time validations for easier registration,
• Full traceability through application tracking and audit trails,
• A unified interface to reduce duplication and speed up onboarding,
• Automated PAN request processing, and
• Technology-driven compliance and transparency.

Dr. Ruchi Chojer, executive director at SEBI, said the initiative aligns with SEBI’s vision for an investor-friendly and globally competitive market.

“The new platform reflects SEBI’s commitment to creating a seamless, transparent, and efficient investment ecosystem,” she noted.

Sameer Patil, Chief Business Officer at NSDL, highlighted that the platform embodies the principle of simplification.

“True progress lies in simplicity. This platform makes global access to Indian markets faster, easier, and more transparent,” he said.

Foreign Portfolio Investors (FPIs) and Foreign Venture Capital Investors (FVCIs) are crucial channels for overseas capital inflows into India. While FPIs typically invest in listed equities, bonds, and mutual funds, FVCIs support unlisted startups and venture capital funds — aiding innovation and entrepreneurship.

Founded in 1996, NSDL is one of the world’s largest depositories, holding the majority of India’s securities in dematerialised form and continuing to strengthen the country’s financial infrastructure through digital innovation.