India’s Securities and Exchange Board (SEBI) has revoked the registration of 19 Foreign Venture Capital Investors (FVCIs) for regulatory violations, including being defunct and non-compliance with SEBI norms. Investigations revealed that 14 entities had ceased operations, with 11 inactive for over five years. None responded to SEBI’s show-cause notices issued in December 2024. The FVCIs held no securities in India and failed to meet registration requirements, such as legal incorporation and regular reporting. Prominent affected entities include Blackstone Capital Partners and Axis Capital Mauritius. SEBI’s actions underscore its commitment to regulatory compliance and transparency in finance.