The fourth wave of disruption is coming. (If you have been sleeping during the last few years, here is a good article on it). Technology innovations have disrupted business during each wave and in some cases made them obsolete. Will today’s enterprises be washed away by a tsunami? Or will they be…
Tag: Start-ups
Leg-up to BioTech start-ups! May soon get relaxation of 3 more years for eligibility
Bio-technology firms are likely to soon get a relaxation of an additional three years in the eligibility criteria for being recognised as start-ups. The Department of Bio-technology (DBT) has sent a formal proposal to the Department of Industrial Policy and Promotion (DIPP) stating that the requi…
No more rejection for start-ups seeking tax sops
In what could be a morale booster for start-ups, the government has decided to do away with the practice of rejecting applications for tax sops. Instead, start-ups will get an opportunity to apply again after making changes to the proposal based on the explanation given to them on the initial one…
10 ways in which you can ensure your start-up’s success
Entrepreneurship requires you to be many opposing things, simultaneously and consistently. We at EGK Foods, stand on the cusp of raising our first real round of funds so, I would love to share what I have learnt so far. I was once an amateur online poker player, therefore, I can broadly describe …
How focus on spending priorities can benefit start-ups in the long run
Early last month, while going back on how Simplilearn chose its leadership, this column asked if “good business without a knack for building strong teams” could benefit start-ups in the long run? A younger start-up Rubique (set up in late 2014) has chosen to grow by spending the funds it raised “…
Sales tech start-ups in India are second to US in terms of funding
Funding for sales tech start-ups has been on the rise recently and India is second to the US in terms of funding. Outside the US, countries such as Canada, India and UK witnessed the largest number of sales tech start-ups funded between 2012 and 2016, together representing 14% of all non-US start…
Social start-ups help citizens get access to various govt programmes
Ahmedabad: All government budgets slot in schemes that promise to improve the lives of millions, but very few of the intended beneficiaries ever fully understand what they are entitled to. That information gap makes for a huge business opportunity. A growing tribe of social enterprises that inclu…
Maharashtra govt to relax labour law norms for start-ups
Mumbai: In an attempt to improve the ease of doing business, the Maharashtra government plans to exempt new startups from inspections relating to key labour laws for a period of three years. This follows the Centre’s move to relax labour law compliance for startups. The laws include the Con…
There was never a better time for small business to think big!
The 2017 Union Budget of India has laid a lot of emphasis on small business (Start-ups & SMEs) and announced a number of initiatives which will benefit them greatly. From lower tax rates to larger availability of credit. Announcement of large scale infrastructure development across farm and d…
Incentives for MSME sector expected to result in credit bank for start-ups
The incentives announced for the MSME sector in this year’s Budget, combined with the entire windfall from demonetisation, is expected to result in increased credit uptake and could take the form of a credit bank for start-ups. “Whether it will be in terms of an institutional formation such as a …