The newly shaped-up Startup India Hub has attracted as many 1600 plus registrations within a month of its launch, according to an official tweet from the Startup India Twitter handle. The Startup India Hub was launched on June 19, 2017 by Commerce and Industry Minister Nirmala Sitharaman alongwit…
Tag: Department of Industrial Policy and Promotion (DIPP)
Govt provides 80% rebate in fees; Facilitator panel to ease patent filing process for start-ups
The Department of Industrial Policy and Promotion (DIPP) has laid down the definition of a start-up to avoid any ambiguity in the matter for consideration of government schemes. As per the current definition of start-ups, an entity will be identified as a start-up: Up to five years from the date …
Fund-of-Funds: 17 VC firms sanctioned Rs 623.50 cr from govt start-up fund
New Delhi: Since its launch in January 2016, the government’s Rs 10,000 crore Fund-of-Funds for start-ups has faced a few too many brickbats. Up until last month, the conditions for raising capital from the Rs 10,000 crore Fund-of-Funds, which was meant to invest in local venture capital (VC) fun…
First call soon for Indian version of ‘Shark Tank’
New Delhi: It is time for start-ups scouting for investors to tighten their seat-belts. The first call for applications for participation in the great Indian reality show designed specially for them could happen as early as next month. “A decision has been taken on allowing at least 50 start-ups …
Changing rules that force start-ups to move abroad: Secy
New Delhi: The government today said it is making changes in the regulations that force startups to incorporate their units abroad. “We are changing regulations that are forcing startups to incorporate abroad. Some changes have been made and the rest should be done this year,” Secreta…
2 new Indian start-up focused reality shows lined up for TV
Indian television is soon going to see two new reality shows focused on Indian startups. While, one will be aired on state-run channel, Doordarshan, the other will be seen on youth centric channel MTV. Government’s stand gets more ‘real’ In tandem with the Indian Prime Minister Narendra Modi-led …
DIPP to open registration for start ups from March 15
The Department of Industrial Policy and Promotion (DIPP) will open registration process for start ups and venture funds from India and abroad next week in a bid to connect to investors and give start ups access Indian and global markets. “The government is fully behind start ups and provide them …
Make in India 2.0: An upgraded version of ‘Make in India’ will be announced soon
Make in India 2.0, an upgraded version of the government’s initiative ‘Make in India’, will be announced in a couple of months, with emphasis on sectors in which the country has a competitive edge. “We are planning to have a revamped version of ‘Make in India 2.0’, which will be focussed on the s…
Karnataka strengthens investment climate
Karnataka is hosting the Make in Karnataka Conference from February 13-14, as a part of the overall ‘Make in India’ initiative. The first state to pioneer special investor forums as far back as 2000, it has taken a lead role in attracting investments. Karnataka enjoys multiple advantages in the m…
DIPP to soon seek Cabinet nod for leather scheme
New Delhi: Commerce and Industry Ministry will soon approach the Cabinet seeking approval for the scheme pertaining to the leather and footwear segment — on the lines of textiles — to boost manufacturing, exports and job creation. In the Budget 2017-18, Finance Minister Arun Jaitley a…