Financing is not a constraint for the right SME, but the key is to be ethical and transparent with lenders and investors India’s small and medium enterprises sector is not starved of capital either for growth or working capital contrary to the popular perception. Instead, this vital sector has a better access to qualityRead more
It’s been nearly a month since Hon. Finance Minister. Mr. Arun Jaitley delivered this Government’s fifth and last full Budget before the next General Elections. The budget was delivered amidst subdued economic growth, challenging fiscal situation and farm distress. According to various reports, Indian tech startups raised about $22 Billion in funding in 2017, inRead more
New funds will be used to bolster their presence in India and scale up the business further The edtech startup Shirsa Labs recently raised half a million dollars in the pre-series A round. The Mumbai based startup has raised the amount from multiple existing investors. The recent round of funding was led by Cross BorderRead more
A steep fall in angel funding and Series A has dimmed the lustre of the once-vibrant start-up sector in India. “While angel investments are the critical first piece that gets a start-up going, series A fund is the one where the angel investors really make their exits and make money. That’s what incentivises them toRead more
Options include going to friends and family, crowdfunding, dipping into one’s savings, or, if one is lucky, finding an angel investor BENGALURU: The first ’round of funding’ Abhishek Latthe got when he was setting up his wearable device startup SenseGiz in 2013 was from his family and friends. The next year, he set up aRead more
BENGALURU, FEBRUARY 2 In his Budget speech on Thursday, Finance Minister Arun Jaitley was expected to announce a separate policy on angel and venture investments in start-ups, one of the biggest bones of contention for entrepreneurs, who currently have to pay as much as 30 per cent tax on funding even if their companies haveRead more
Budget 2018: The union budget 2018 raised a ray of hope for the start-up ecosystem in the country with the promise of addressing the various issues relating to investment in such companies, but fell short of removing their biggest irritant: angel tax. Budget 2018: The union budget 2018 raised a ray of hope for theRead more
The last Budget before the 2019’s Lok Sabha elections is just a few days away. The entrepreneurs and investors are eyeing the Budget in hopes that the government should address the major issue of angel tax. There are a few ways in which the government can address angel tax. Accreditation of angel investors InvestmentRead more
The 2018’s Union Budget will be Modi Government’s fifth budget and the last one before the 2019 Lok Sabha elections. Hence, the Budget also holds a strategic importance for the current government. Keeping in mind the current government’s startup initiatives, the expectations are high for the upcoming Budget, especially for the startups. There are aRead more
The previous year’s Budget may have drowned out the collective appeal to abolish angel tax for early-stage startups, but stakeholders are hopeful this year. With just days to go before Finance Minister Arun Jaitley makes his Budget address, startups and investors are congregating to demand complete abolition – or modification – of this tax structure.Read more