Higher credit guarantee to boost startup funding, R&D: DPIITTwice the guarantee cover to borrowers Credit Guarantee Scheme for Startups (CGSS) will aims to reduce lending risks, encouraging financial...
Capital push for startups: Government expands Credit Guarantee SchemeThe government has revised the Credit Guarantee Scheme for Startups, doubling the maximum guarantee cover to Rs 20 crore and increasing cov...
From IT to ice cream to concrete, Indian startups doing it allIndia has over 1.61 lakh recognised startups, generating 17.69 lakh jobs, with IT, healthcare, and F&B sectors leading. Rs 18,633 crore has...
AIFs seek specific funds from govt for new-age, sunrise, deep-tech startupsFund of Funds for Startups (FFS) scheme was approved and established in 2016, with a corpus of Rs 10,000 crore, with contribution spread ov...
Over 1.5 lakh startups recognised by government till OctoberUnder the Startup India initiative, the Government is implementing three flagship Schemes to support startups at various stages of their bu...
Budget 2024: FM Sitharaman proposes to abolish angel tax for all investor classUnion Budget 2024-25: Finance Minister Nirmala Sitharaman on Tuesday proposed to abolish the angel tax for all investor classes while prese...
Budget 2024: Can interim budget make new kids, aka startups, happy?Union Budget: The startup community has faced funding woes and layoffs through 2023. Over 28,000 jobs were cut in new-age firms amidst a $8...
India’s startup ecosystem continues to be strong, resilient: DPIIT officialAllaying fears of the Indian startup ecosystem, Manmeet Nanda, joint secretary in the Department for Promotion of Industry and Internal Tra...
Budget 2023 to support India's startup ecosystem: Piyush GoyalThe government on Wednesday proposed to extend the period of incorporation of eligible startups by one more year till March 31, 2024, for p...
FM Sitharaman announces a slew of measures to boost start-ups in IndiaFinance Minister Nirmala Sitharaman on Wednesday announced in her budget speech proposed the extension of the date of incorporation for inc...
Govt may announce measures in Budget to further strengthen startup ecosystemFiscal incentives under the production linked incentive (PLI) scheme to some more sectors are also likely to be announced in the Budget, wh...
Startups will attract significant foreign direct investments in 2023: DPIIT secretary Anurag JainJain said India has the third-largest startup ecosystem in the world and the way startups here are performing; soon the country will become...
Success rate of startups in India relatively higher than rest of world: Union minister Piyush GoyalTo boost the startup ecosystem, the government launched the Startup India initiative on January 16, 2016, and an action plan was also put i...
Start-ups still attractive albeit with a new startThese factors, coupled with macro-economic headwinds including the liquidity tightening, has left start-ups who are still burning cash at a...
DPIIT notifies credit guarantee scheme for startups, seeks ease of doing business suggestionsThe government will setup a trust or fund to guarantee payment against default in loans or debt extended to eligible borrowers, managed by ...
Govt notifies credit guarantee scheme for startups"The Central Government has approved the 'Credit Guarantee Scheme for Startups (CGSS) for the purpose of providing credit guarantees to loa...
Govt notifies credit guarantee scheme for startups"The Central Government has approved the 'Credit Guarantee Scheme for Startups (CGSS) for the purpose of providing credit guarantees to loa...