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A total of 6,385 recognised startups have been categorised as closed as of October 31, according to MCA data. Maharashtra accounts for the highest number. The government said no rise in startup closures has been observed, citing market and business factors
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FDI is allowed in the marketplace model of e-commerce, while it's prohibited in the inventory-based model under government regulations.
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Hyderabad: Telangana, which is home to the world’s largest incubator, has been adjudged as the ‘Top Performer’ for developing a strong start up ecosystem in the State, by the Central Government. The Department of Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry released the States Startup Ranking 2021 on Monday. The […]
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Hyderabad: Telangana’s startup ecosystem builder T-Hub announced on Tuesday that it has got selected under the Startup India Seed Fund Scheme by DPIIT, Government of India, to disburse Rs 5 crore among eligible startups with an objective to support and fuel early-stage funding in startups. With an aim to provide value-driven and effective growth for […]
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Hyderabad: In order to provide financial assistance to early-stage startups led by women entrepreneurs, WE Hub has been selected under the Startup India Seed Fund Scheme, which provides financial assistance to startups for proof of concept, prototype development, product trials, market entry, and commercialisation. As per the Startup India Seed Fund Scheme website, the seed […]
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Hyderabad: The DLabs Incubator of Indian School of Business (ISB) has been awarded Rs 5 crore under the government of India’s Startup India Seed Fund Scheme. The scheme set up by the Department for Promotion of Industry and Internal Trade (DPIIT) enables startups to raise investments or seek loans. Under this scheme, DLabs Incubator Association […]
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The government introduced the PLI scheme to encourage an incentive-led model for manufacturing, attracting advanced technologies, bringing in economies of scale and meeting quality standards.
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While in the year-ago period the sector received $6.4 billion FDI, the entire 2019-20 saw overseas investment of $7.7 billion,
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The Centre has taken strong cognizance of various complaints made by the Confederation of All India Traders (CAIT) for blatant violation of FDI Policy and Foreign Exchange Management Act, 1999 (FEMA) by these companies
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KTR writes to Union Minister to allocate Rs 870 cr for 2021-22 fiscal against Central funding of Rs 4,922 cr
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The Startup India action plan provides tax and other incentives. So far, over 41,000 startups have been recognised by the department.
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MoU was signed between USPTO, represented by Under Secretary of Commerce for Intellectual Property Andrei Iancu, and Secretary from India's Ministry of Commerce and Industry, DPIIT Guruprasad Mohapatra
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CAIT also told DPIIT that Amazon indirectly invested around Rs 4,200 crore and took over control of More Retail Limited
