The Government is to make changes to the definition of MSMEs, where turnover will define an MSME, and not the investment put into it.
VC funding is the ultimate financing structure for the startups that need cash to run their engine and will spend more time in the red to build a profitable business.
To promote startups & allow youngsters to engage in this process even more, the government has come up with quite a few significant benefits.
Funding is the money raised by a business from an organisation or government bodies for a particular purpose. Read about startup funding here.
To engage on a personal level, tell a story that everyone can relate to, without sacrificing the real pain-point that your product is trying to solve.
A bootstrapped startup is responsible for its own survival. Bootstrapping means starting and growing a startup from scratch without anyoneâ€™s financial help.
The basic idea behind the Make In India scheme was to increase the manufacturing units in India of not just Indian companies but foreign companies as well.
Here are the various tax exemptions and incentives available under Startup India.
The government of India has introduced various tax incentives for startups to flourish in India, which includes tax rebate for a 3-year period.
Before you get into the procedure of registering a company as a startup under Startup India, it is important to know what qualifies as a startup.