Posted in Business
IVY Growth Launches Rs 250 Crore VC Fund, ‘Arigato Capital’ Led by Rachit Poddar
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Posted in Business
IVY Growth Associates to Host 3rd Edition of 21BY72 Startup Summit in Surat
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Posted in Business
IIT Madras and Starburst to Create Accelerator for Aviation, Space Startups
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Posted in Business
PedalStart: Nurturing Startup Visionaries with Mentorship and Acceleration
Three points you will get to know in this article: Many aspiring entrepreneurs are constantly seeking the perfect mentorship to guide them on their journey into the startup world. PedalStart, based in Gurugram, has ingeniously embraced this concept by providing a community-centric platform. Here, budding entrepreneurs have the invaluable opportunity to glean insights from industry experts, refine their ideas and…
DPIIT-Registered Startups Granted Angel Tax Relief Regarding Shareholder Tax Returns
Three points you will get to know in this article: Amidst the ongoing debate swirling around startups receiving notifications under Section 56(2)(viib), commonly known as the angel tax, and being tasked with presenting income tax returns (ITRs) from their stakeholders for the preceding three years, the Central Board of Direct Taxes (CBDT) has disseminated a circular to its esteemed senior…
Angel Tax Exemptions Granted to Over 8,000 Startups
Three points you will get to know in this article: Since the announcement in 2019 regarding the exemption of angel tax for startups, the Department for Promotion of Industry and Internal Trade (DPIIT) revealed that 8,066 startups, officially recognized by DPIIT, have successfully secured exemption from angel tax. This information was disclosed in response to a Right to Information (RTI)…
Posted in Technology
Empowering Startups: IN-SPACe’s 10-Year Vision to Turn India into Space Superpower
Three points you will get to know in this article: Focusing on propelling our homegrown spacetech ecosystem forward, the key player, IN-SPACe (Indian National Space Promotion and Authorization Centre), has revealed its ten-year vision and strategy for boosting the Indian space economy. Central to this plan is the pivotal role that startups play, emphasizing the acceleration of India’s ascent as…
Posted in Business
Unveiling India’s $720+ Billion Consumer Lending Potential
Three points you will get to know in this article: The digital consumer lending landscape in India is on track to exceed a remarkable $720 billion by 2030, making up a substantial 55% of the expansive $1.3 trillion-plus digital lending market within the nation.With a robust compound annual growth rate (CAGR) of 22%, the digital consumer lending sector is set…
Posted in Daily FeedsTechnology
KRAFTON Plans to Incubate 6-10 Indian Gaming Startups
Three points you will get to know in this article: KRAFTON, the game development major, has introduced an innovative initiative — the KRAFTON India Gaming Incubator (KIGI) — aimed at fostering the rapidly expanding gaming landscape in India. Spanning a period of 6 to 12 months, this program is dedicated to supporting approximately 6 to 10 startups annually. These selected…