Shaadi.com Founder Anupam Mittal has led a consortium of 16 investors to invest $500,000 (about Rs 3.34 crore) in Bengaluru-based camera and photo sharing app Vebbler. The investors included Sharad Sharma, Founder of industry think tank iSPIRIT, and Pranav Rai, son of former Infosys board member …
Tag: Shaadi.com
Investors say Angel Tax exemption will not benefit several startups
The government’s much-lauded decision to repeal the controversial ‘angel tax’ will not benefit several startups because of the riders attached in the new regulation, industry leaders said. ‘Angel tax’, or tax on investments in startups, was considered regressive by a…