In the venture capital industry, the term unicorn refers to any startup that reaches the valuation of $1 billion. Recently one of the most used editing tools, Grammarly became a unicorn.
On 1st June, the Union Cabinet headed by Prime Minister Narendra Modi revised the MSME definition by changing the investment and turnover figures. Read all about it here.
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.
GST offers numerous benefits to startups like simple tax processes, online procedures and ease of doing business.
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.
While there is no prediction on the true impact of COVID-19 yet, we can all definitely hope for the best and prepare for the post-lockdown era. All we know is that e-commerce businesses need to brace themselves and adapt quickly to the wave of change that may change ‘normal’ life as we know it. Is your business ready?
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.
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.
Here are the various tax exemptions and incentives available under Startup India.