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Showing posts with the label StartupIndia

How Securing Startup Funding In India Differs From The U.S.

As the startup ecosystem in India  continues  to take off, it’s interesting to note the unique way Indian entrepreneurs go about their fundraising efforts. Certain patterns are universal in the lifecycle of a typical startup, and specific traits differ based on cultural and local norms. India and the US, two leading nations in tech innovation, are excellent subjects for examining universal elements of international startups, as well as differences. As an expat entrepreneur from India who currently lives and works in the U.S., I’ve had the opportunity to learn from the best practices and culture of each environment. Currently, my company is at the threshold of opening its first office in India following rollouts across North America – providing me with a unique full-circle vantage point. There’s a growing appetite for investment in new Indian businesses, both locally and globally. A country of 1.2 billion people with first-rate human capital and a strong tech education base, Ind

Startup-friendly tax measures in Budget:Jaitley at #StartupIndia launch

Finance Minister Arun Jaitley on Saturday kick-started the government’s ambitious Start-Up India mission, which envisages technology business incubators and research parks, at Vigyan Bhavan in New Delhi. Speaking at the opening session of ‘Start-up India’ movement, Finance Minister Arun Jaitley on Saturday said the campaign will help change conventions while the government will only be a facilitator for start-ups. He also announced that the upcoming budget will include start-up friendly tax measures. “ PM’s own idea was that start ups need to be encouraged. Both the banking system and government will make the resources available. We are fully conscious of the adverse situation in which we are struggling to keep respectable growth rates in Indian economy,” Jaitley said at the launch event. “We ostensibly broke away from “license raj” in 1991, conceived with idea that government will decide which businesses can run. Our effort over last few years was to restrict role of states