India, Feb. 13 -- This article is part of our 10-part series, Insider Secrets: What LPs Must Know to Invest in VC Funds in India, where we decode key insights for navigating this asset class with confidence. We're also hosting an AMA on Feb 13 at 5:30 PM to tackle the critical questions LPs often overlook and uncover what aspiring VCs need to know but rarely hear internally. Register here.

Governance and compliance are at the heart of a well-functioning venture capital (VC) fund. For Limited Partners (LPs), understanding governance structures and compliance mechanisms is essential to ensuring transparency, mitigating risks, and safeguarding their capital.

This chapter explores key governance frameworks, the importance of oversight, and ...