startups
Companies from Germany, China, Japan and some other countries have been invited for the event to be held at Kalagram here between January 7-11, said MASSIA president Dnyandeo Rajale.
MASSIA to hold 'Maharashtra Advantage Expo' in Aurangabad in January
22 Sep 2019 5:06 PM

The expo will showcase the industrial strength of Marathwada region, export convener Sunil Kirdak said.

Globally, 23 per cent of SMEs fail because they don’t have the right team.
Understanding the need of growing Startups and SMEs
26 Aug 2019 1:00 PM

Globally it is estimated that 19 pc of small businesses, which includes startups and SMEs, fail because they can’t compete.

"The CBDT has clarified today (Thursday) that small start-ups with turnover up to Rs 25 crore will continue to get the promised tax holiday as specified in Section 80-IAC of the Income Tax Act, 1961, which provides deduction for 100 per cent of income of an eligible start-up for 3 years out of 7 years from the year of its incorporation," it said in a statement.
Small startups with turnover up to Rs 25 cr to get promised tax holiday: CBDT
22 Aug 2019 8:19 PM

Since the intention was to support the small startup, the turnover limit of Rs 25 crore was considered reasonable, CBDT said.

CBDT circular with this effect 'brings in more safeguard by requiring assessing officers to procure his or her supervisor's consent before starting on any inquiry under the angel tax provision against a start-up company which has not got DPIIT approval,' S. Vasudevan, Partner, Lakshmikumaran & Sridharan said.
CBDT's procedure for pending angel tax assessment cases to help startups: Experts
16 Aug 2019 10:18 AM

Government is seeking to calm the nerves of startups worried about angel tax.

India's agriculture sector is advancing steadily towards its digital transformation and the startup ecosystem is playing a critical role here, bringing innovation and disruption in much-needed areas, Nasscom President Debjani Ghosh said. (Photo: Representational)
Over 450 agri-tech startups receive USD 248 mn funding in H1 2019: Nasscom
13 Aug 2019 11:46 AM

More than 50 per cent of agri-tech startups offer supply chain solutions like market linkage, better access to inputs etc.

Jio will also invest and financially support those startups that have the potential to address India's big needs in agriculture, healthcare, education and skill development which will boost the creation of new livelihoods, said Reliance's Mukesh Ambani. (Photo: File)
Jio, Microsoft team up for digital transformation alliance
12 Aug 2019 9:03 PM

Reliance's Mukesh Ambani unveiled promised to make connectivity infrastructure free for nascent stage firms.

Meesho has built a network of more than 2 million sellers across 700 towns in India and created a disruptive distribution channel for 15,000 suppliers in traditional manufacturing hubs.
Indian e-commerce platform Meesho raises USD 125 million in Naspers-led funding
12 Aug 2019 3:32 PM

The company has a mission to create 20 million entrepreneurs by 2020.

Goyal said in Lok Sabha that the FFS with corpus of Rs 10,000 crore will meet the funding needs of startups. (Photo: Representational)
254 startups get Rs 1,700 cr investment from Alternative Investment Funds
24 Jul 2019 2:47 PM

Commerce Minister Piyush Goyal said these funds have raised a corpus fund of Rs 25,728 crore.

The programme will support growth of startups focused on finding solutions for social challenges using Artificial Intelligence (AI) in areas of good health and well-being and agriculture among others.
Facebook, T-Hub pick 10 startups for 'India Innovation Accelerator' programme
17 Jul 2019 7:58 PM

The cohort startups will have access to T-Hub's ecosystem and PwC India's industry experts to scale their businesses.

SVIC has invested in a number of startups globally and has over USD 2.2 billion in assets under management.
Samsung Venture invests USD 8.5 million in 4 Indian startups
10 Jul 2019 3:10 PM

SVIC hopes to make 100 investments in Indian startups over the next three-five years.


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