In an effort to enhance the ease of doing business, the Securities and Exchange Board of India (Sebi) has introduced a fast-track mechanism for launching Alternative Investment Funds (AIFs). Under the new framework, AIFs can launch their non-Large Value Funds (non-LVF) schemes and distribute placement memorandums to investors just 30 days after filing their application with Sebi, unless advised otherwise. This change is expected to significantly reduce delays in fund launches, enabling quicker access to investor capital and supporting faster execution of investment strategies. Earlier this year, Sebi also simplified the accredited investor framework to alleviate operational bottlenecks for AIFs while maintaining necessary safeguards. AIF investment managers can now finalize and execute contribution agreements with investors prior to receiving formal accreditation certificates, although commitments will not count towards the scheme’s corpus until accreditation is confirmed. Furthermore, Sebi has relaxed documentation requirements for accreditation based on net-worth criteria, removing the need for a detailed break-up of net worth in the net-worth certificate. These measures are part of Sebi's broader strategy to promote a more efficient financial ecosystem in India.