Two more startups have qualified for tax breaks as part of the Startup India programme, taking the total to 19. But even that is a very small figure considering over 800 start ups have applied under the scheme so far. The duo was picked at the third inter-ministerial board meeting on August 5 tha…
Tag: Startup India
Startups now exempted from any prior experience in public procurement
All startups have now been made eligible to get exemption from the prior experience criteria in public procurement, a benefit that was enjoyed only by micro and small enterprises so far. The department of expenditure has issued a directive to all ministries that all startups — “micro,…
Kalraj Mishra inaugurates incubation cell at IIFT Delhi
Kalraj Mishra, Union Minister of MSME inaugurated Incubation Cell at at IIFT Delhi on July 18. Highlighting the initiatives taken by the government for uplifting the entrepreneurial spirit of youths in the country under Startup India, Standup India and Atal Innovation Mission, Mishra said that th…
Startup India hub resolves over 12,000 queries in three months
The Startup India Hub has been able to resolve over 12,000 queries received from startups since it began operations in April this year, the government said on July 6. “The hub has been able to resolve 12,290 queries received from start-ups through telephone, e-mail and twitter,” the U…
Foreign firms to be invited to Startup India anniversary
The government plans to invite prominent international startups to enter India’s growing new economy. The department of industrial policy and promotion will organise a start-up conference next January to coincide with the first anniversary of the StartUp India initiative, according to an official…
Telangana wants to be the next start-up hub
Pitching as a new start-up haven, India’s youngest state Telangana has been trying to emerge as a base for budding companies in the country. Looking to keep the momentum alive on generating home-grown entrepreneurs, the government is planning an event similar to Prime Minister Narendra Modi…
Apple to work closely with Indian startups
Apple is likely to announce an accelerator program for Indian startups as part of its CEO Tim Cook’s visit to India this week. The sources, who declined to be quoted, said while Tim Cook’s key push with Indian government officials will be the sale of refurbished Apple phones here, its…
20% of all applications received from smaller towns | Startup Expo
The Indian startup revolution is not limited to metros anymore; one-fifth of applications for a Startup Expo being organised by Lufthansa Airlines and The Indus Enterprise have come from smaller towns. Out of 34,000 applications for the one-day expo in Gurgaon this weekend, about 20% came from to…
Private Banks & HFCs must play an expanded role to provide financial support to SMEs | Harshil Mehta, CEO, DHFL
Finance has typically been one of the areas of concern for the SME sector. One of India’s leading finance company, Dewan Housing Finance Ltd (DHFL), has lately expanded its portfolio by entering into SME lending segment. SMEpost.com caught up with Harshil Mehta, CEO of DHFL, in an exclusive conve…
FICCI to enable & empower travel start-ups, digital tourism
NEW DELHI, March 18, 2016. The world is moving towards a new business ecosystem enabled by technology. In keeping with the emerging scenario, FICCI conceived India’s first dedicated event on travel and hospitality technology, ‘Travel & Hospitality Tech Conclave’ to leverage technology to give…