Subbiah will represent India at the EY World Entrepreneur of the Year Award in Monte Carlo from 4-7 June 2024
Union Minister Rajeev Chandrasekhar's statement comes at a time when some of the most highly valued startups have come under fire for a variety of concerns
Says have received two proposals for semiconductor fab units, entailing $22 bn investment
Entrepreneurs are also tapping into JK Startup Policy and Shark Tank India
Cactus Venture Partners on Wednesday announced that it has raised Rs 630 crore for its maiden fund to invest in early growth stage startups. This is the final close for the fund, which will invest in climate technology, health technology and business-to-business software as a service company backed by purpose-driven entrepreneurs. CVP will focus on Series A and early Series B fundraising stages, targeting companies that have established Product-Market Fit (PMF), a statement said. The statement said 60 per cent of the capital commitments have come from domestic sources, while the remaining are from international limited partners from the US, Singapore, EU, and the UK. Domestic backers include SIDBI, Self-Reliant India Fund, and the UP Startup Fund, it added. Its general partner Rajeev Kalambi said the support received underscores the growing confidence in the Indian startup ecosystem. The current portfolio includes five companies, and CVP is targeting to make an additional 8-10 .
The interim Budget announcement related to the extension of tax benefits to startups by one more year till March 2025 underlines the government's commitment towards creating a conducive environment for startup development and sustainable investments, the industry said on Thursday, terming it a progressive and encouraging move. "...the extension of tax benefits until March 2025 for startups, sovereign wealth, and pension funds signify a government committed to supporting growth and resilience. The prolonged tax benefits indicate a steady commitment to creating a conducive environment for startup development and sustainable investments," MobiKwik Founder and CEO Bipin Preet Singh said. CEO and Co-Founder of magicpin Anshoo Sharma lauded the move saying it would provide much-needed continuity and inflows to the Indian startup ecosystem. "We also appreciate the extension of tax benefits to startups on investments made by sovereign wealth or pension funds to 31.03.2025, this will provide
"There has been a significant push to reduce criminalisation of laws regarding businesses in India," said Goyal
DrVivekBindra's Leadership Funnel Program Proves to be a Game-Changer for Entrepreneurs
Murthy added that entrepreneurs can garner respect via good corporate governance practices, adhering to fairness, transparency and accountability with every stakeholder
Two Indians, Ajaita Shah of social commerce platform Frontier Markets and Shuchin Bajaj of hospital chain Ujala Cygnus Hospitals, figured among the recipients of the Schwab Foundation Social Innovation Awards announced here on Tuesday. Shah is the founder and CEO of Frontier Markets (India), which works with and for women to offer an essential last-mile connection to rural households. Using convenient smartphone technology, it helps a fast-growing community of women entrepreneurs connect to more than 1 million women customers in thousands of villages. It aims to serve 100 million rural households by 2030. Shah has more than 18 years' experience working in rural India through microfinance, rural distribution, marketing and building gender-inclusive business models. Bajaj is Founder and Director of Ujala Cygnus Hospitals (India), which operates 20 hospitals in New Delhi, Uttarakhand, Uttar Pradesh, Jammu and Kashmir, and Haryana, providing super-speciality and emergency healthcare in
The Yogi government has announced an array of financial incentives, including a stamp duty waiver for women entrepreneurs
For people who want to start up but don't know how to go about it, Uri Levine's book offers a step-by-step guide to getting on with their entrepreneurial journey
Uttar Pradesh Chief Minister Yogi Adityanath on Monday asked entrepreneurs to invest in the state, saying the government will ensure their security. Speaking at the inauguration of a beverage plant here, Adityanath said there was a time when investors used to shy away from investing in Uttar Pradesh but all that has changed since 2017 when the BJP came to power. "During the first investor conference in 2018, when a target of Rs 2 lakh crore was set, people laughed at our decision. But today investment proposals worth Rs 38 lakh crore have been received in Uttar Pradesh," he said. "Entrepreneurs should only take guarantee of investment, the government will take care of their capital and security," he said. The chief minister said the bottling plant is part of an investment policy of the state government that was started under the leadership of Prime Minister Narendra Modi to provide investment, employment and an excellent industrial environment. Taking a dig at the previous opposit
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