Only 497 start-ups have been set up so far, which, even by the most conservative estimates, is set to be the lowest in the last three years by a huge margin
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Tag: Yogendra Vasupal
#3YearsOfModiGovt: ‘Nothing much changed on ground for start-ups’
The Narendra Modi government has made a lot of promises for entrepreneurs in India, but how many of them have really helped the startup sector is a question that begs an answer. Whatever the answer, which is detailed below, a general consensus is that it is the first government that has paid more…
Govt steps up efforts on quicker exit for start-ups
New Delhi: The government is working on a fresh set of initiatives for startups, including rolling out norms for resolution of companies that are facing financial stress within 90 days and new tax proposals. that the Department of Industrial Policy and Promotion (DIPP) will hold consultations ove…
Broader market: Small is the new big
At a time when most sectors involved with the digital economy — including e-commerce, ride sharing, food technology — are trying to find stable ground, the booster shot provided by demonetisation to financial technology sector has allowed companies in this area to indulge in expenditure for expan…
Bleeding start-ups stare at a harsh summer; Hand out pink slips to hundreds
The Indian start-up sector is bracing for more job losses as some half-a-dozen midsized companies issue layoff notices to hundreds of employees in a bid to trim costs and conserve cash in what portends to be a harsh summer for an industry struggling to deal with the effects of fast-paced growth. …