Over the course of 2017, the startup ecosystem in India has seen numerous new entrants and exits. While the government has launched the Startup India initiative to promote and nurture startups, and there were numerous incubators and mentors available, 2017 witnessed a number of startups being compelled to shut shop. Although each startup has a […]

The Punjab startup hub received approval from the state Chief Minister Amarinder Singh at the initial meeting of the Punjab Industrial and Business Development Board. The board was created with the purpose of easing the process into the new industrial policy in terms of implementation. Singh spoke of the state government’s determination to empower the […]

HDFC Bank has partnered with the Government of Rajasthan to promote and nurture the startup ecosystem in the state. As a part of its partnership obligations, HDFC will work with the state government to provide start ups with facilities like current accounts, credit cards and other solutions they may require. This is an initiative under […]

The year 2017 was buzzing with activity for food startups across India. The year saw a number of successful startups launch and achieve greater heights. However, there were a few that had to shut down for a variety of reasons. These stories became a cautionary tale for the others. It is certain that there is […]

Angel Tax, which is the tax on capital raised by unlisted companies by issuing shares in excess of their “fair market value”, continues to be a bone of contention for startups more than 18 months after the government exempted “innovative startups” from this tax. However, startups and lobbyists are hopeful that the government will resolve […]