He pointed out other challenges such as overseas companies not investing in India due to regulations and their need for ease of doing business.
Social commerce platform Meesho and digital payments start-up, Bharat Pe, may be the next entrants in the unicorn club as investments continue to pour in despite the Chinese funding block.
In simple terms, it is like a taxi in space to take satellites to their operational orbits. Skyroot and Bellatrix plan to have the first mission of a Vikram launcher with an Orbital Transfer Vehicle b
He said 60 winners out of more than 1,200 start-ups and innovators who participated in the Defence India Start-up Challenge (DISC) have received grants of up to Rs 1.5 crore each to build prototypes
Although the Finance Minister's claim of providing a big boost to startups by extending the tax holidays till March 31, 2022 is seen as a move that helps, the announcement came with a rider.
In order to incentivise funding for the startups, I propose to extend the capital gains exemption for investment in startups by one more year to March 31, 2022, FM said.
"This will be a big boost for startups," she said while presenting the first paperless Union Budget.
Piyush Goyal said that the strong growth of startups could transform India from a screwdriver economy to technology-driven economy.
The programme is an Idea2PoC grant-in-aid seed funding programme for SC/ST startups with innovative ideas/ solutions, with up to Rs 50 lakh in funding support.
The programme is an Idea2PoC grant-in-aid seed funding program for SC:ST start ups with innovative ideas/solutions with up to ₹50 lakh funding support.
The fund will be opened with the support of Kerala Bank, Kerala Financial Corp, KSIDC
Pillai, known as the biscuit king of Asia, had passed away 25 years ago.
Start-ups will be provided with world-class infrastructure in the national capital after the rollout of start-up policy, said Chief Minister Arvind Kejriwal on Wednesday.
3 firms await different approvals to launch products, methods
Therefore, government organisations and KLE Technological University in the city have come together to support startups in this sector.