Industry bodies also seek a strong e-commerce policy, tax incentives
Giving a major relief to budding entrepreneurs, the government in February relaxed the definition of start-ups and allowed them to avail full angel tax concession on investments of up to Rs 25 crore.
Malaxmi Property Ventures Pvt Ltd (MPVPL) signed a pact with Helsinki-based Findia Development OY in Vijayawada on Friday.
Angel tax is levied on angel investments raised by start-ups.
The electric vehicle (EV) market is set to grow in a big way owing to the ambitious plans of the automakers and the initiatives of the Central government.
Odisha Government on Friday sanctioned financial assistance of Rs 38 lakh to nine startups of the State.
In terms of investments in the Indian start-ups, Chinese firms have predominantly focused on e-commerce, followed by transportation and fintech
Speaking to media persons during the Nasscom Product Conclave, Nasscom president Debjani Ghosh said start-ups should follow the law of the land.
Start-up accelerators are organisations that help early-stage companies develop their product and business model, and also connect with investors.
A Start-up ecosystem can be created only by taking risks and by acceptance of "culture of failure" by parents and institutions, said NITI Aayog CEO Amitabh Kant.