Commerce ministry to showcase Startup India tableau at Republic Day Parade in a bid to promote innovation, entrepreneurship
4 years, 11 months ago

Commerce ministry to showcase Startup India tableau at Republic Day Parade in a bid to promote innovation, entrepreneurship

Firstpost  

Under the Startup India Scheme, eligible companies can get recognised as startups by the ministry in order to access a host of tax benefits, easier compliance, IPR fast tracking and other incentives. New Delhi: The commerce and industry ministry on Tuesday said it will showcase a tableau on Startup India, which aims to promote innovation and entrepreneurship in the country, at the Republic Day Parade. With the theme ‘Startups: Reach for the Sky’, the tableau will showcase stages of the lifecycle of a startup and the all-round support provided by the government, the ministry said in a statement. Startup India is a flagship initiative of the government, intended to build a strong ecosystem to nurture innovation, drive sustainable economic growth and generate large scale employment opportunities.

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History of this topic

DPIIT encourages large companies to collaborate with startups for business growth
4 days, 19 hours ago

DPIIT encourages large companies to collaborate with startups for business growth

Live Mint  

New Delhi: In preparation for the second edition of the Union government’s Startup Mahakumbh 2025 event, the Department for Promotion of Industry and Internal Trade has urged large companies to collaborate with startups to address business challenges. “Large companies may already have a significant workload, and when facing challenges, rather than allocating more internal resources, they might prefer to collaborate …

Igniting entrepreneurship for India’s growth
3 weeks, 1 day ago

Igniting entrepreneurship for India’s growth

Hindustan Times  

India is on the brink of a transformative era. As a powerful job multiplier, entrepreneurship is critical for meeting India’s need for one crore new jobs annually, addressing the brain drain, and leveraging India’s demographic dividend for sustainable growth. Additionally, India’s six crore micro, small, and medium enterprises hold vast potential—if just 10% of them added 1-2 jobs annually, they …

Innovating India: Crafting the world's leading startup ecosystem
4 weeks, 2 days ago

Innovating India: Crafting the world's leading startup ecosystem

Hindustan Times  

India is on a transformative journey to establish itself as the startup capital of the world, driven by a vibrant entrepreneurial spirit, visionary policies and a growing digital ecosystem. India’s startup ecosystem is the third-largest in the world, comprising over 100 unicorns and a plethora of promising ventures across sectors such as fintech, health tech, agritech and deep tech. The …

Start-up India to move out of Invest India’s ambit: Goyal
3 months, 4 weeks ago

Start-up India to move out of Invest India’s ambit: Goyal

The Hindu  

Commerce and Industry Minister Piyush Goyal on Monday announced the Centre’s Start-up India initiative will be moved out of the aegis of the official investment promotion and facilitation agency Invest India, to a new non-profit company that could also house the National Start-up Advisory Council. “I took a decision a few days back… Let us create a company, under Section …

India marks 1.4 lakh registered startups, Maharashtra tops list followed by Karnataka, Delhi
5 months, 2 weeks ago

India marks 1.4 lakh registered startups, Maharashtra tops list followed by Karnataka, Delhi

New Indian Express  

NEW DELHI: The number of startups in India has increased to more than 1.4 lakh, highlighted Union Minister of State for Commerce and Industry, Jitin Prasada, in Rajya Sabha. He stated that the Government, to build a strong ecosystem for nurturing innovation, startups, and encouraging investments in the startup ecosystem of the country, launched the Startup India initiative on January …

India’s startup growth to pave way to developed nation by 2047: PM Modi
9 months, 3 weeks ago

India’s startup growth to pave way to developed nation by 2047: PM Modi

Live Mint  

India has emerged as the world's third-largest startup ecosystem, a development that Prime Minister Narendra Modi believes will chart the country's course towards becoming a developed nation by 2047. In the field of Intellectual Property Rights, India is moving towards becoming the leading country among the top countries.” The Startup Mahakumbh was organized in collaboration with various entities, including Assocham, …

Piyush Goyal Urges Unicorn Collaboration For Startup Capital Access
11 months, 2 weeks ago

Piyush Goyal Urges Unicorn Collaboration For Startup Capital Access

Deccan Chronicle  

New Delhi: Union commerce and industry minister Piyush Goyal on Tuesday urged the unicorns to come together and set up a unicorn club or association that would come up with solutions for access to capital for start-ups in the country. His statement came after the recently held Start-up India Innovation Week and chaired a unicorn roundtable to celebrate the growth …

National Startup Day: Visionaries speak on new ventures’ role in driving growth
11 months, 4 weeks ago

National Startup Day: Visionaries speak on new ventures’ role in driving growth

Live Mint  

National Startup Day: In recent years, Indian startups have experienced extraordinary growth, propelling the country to the position of the third-largest startup ecosystem globally. Celebrating National Startup Day on January 16, key figures in the startup ecosystem shared insights on the crucial role the new ventures played in shaping India's future. India recorded over 112,718 DPIIT-recognised startups spanning 763 districts …

For start-ups, ethics and values will define legacy
1 year, 1 month ago

For start-ups, ethics and values will define legacy

Hindustan Times  

Over the past decade, the Indian start-up ecosystem has witnessed a remarkable transformation. Indian start-ups have achieved impressive milestones with over 100 unicorns including companies such as Flipkart, Ola, Paytm, and Zomato and garnering substantial attention. It’s also interesting to note that Indian entrepreneurs have not only excelled domestically but have expanded their operations internationally, making India a global player …

Starting your own business? These govt schemes can support your startup in India
1 year, 7 months ago

Starting your own business? These govt schemes can support your startup in India

Live Mint  

In this era of startups, India is leading the world as the country has created a robust ecosystem for businesses and entrepreneurs. List of schemes launched to help Indian startups 1) Multiplier Grant Scheme: The Department of Electronics and Information Technology initiated the Multiplier Grant Scheme to empower collaborative research and development among industries which helps to boost the growth …

Indian Startup Registration: Get your business registered in 5 simple steps
1 year, 7 months ago

Indian Startup Registration: Get your business registered in 5 simple steps

Live Mint  

India is now the hub of 'Start-up' ecosystem in the world, ranking third with 90,000 'Start-Ups' and 107 unicorn companies worth $30 billion. The Indian government, under the leadership of Prime Minister Narendra Modi, has begun and promoted the Startup India Initiative to help aspiring entrepreneurs. 2) Register with Startup India: Now, the company needs to get registered on the …

Budget 2023 | Government extends support measures for start-ups
1 year, 11 months ago

Budget 2023 | Government extends support measures for start-ups

The Hindu  

Asserting the importance of entrepreneurship for the economic development of the country, Finance Minister Nirmala Sitharaman on Wednesday proposed to extend the period of incorporation for income tax benefits to eligible start-ups by one more year till March 31, 2024. India is now the third-largest ecosystem for start-ups globally and ranks second in innovation and quality among middle-income countries,” Ms. …

Budget 2023 Expectations: Foster tie-ups between government and stakeholders to support startups
1 year, 11 months ago

Budget 2023 Expectations: Foster tie-ups between government and stakeholders to support startups

Firstpost  

The Indian startup ecosystem has been witnessing an unprecedented boom in the last few years with new businesses emerging in a multitude of sectors. As a result, this year’s Union Budget 2023 is being closely watched by many startups, as they seek measures to support them in overcoming these difficult times. To ensure effective regulation of the rapidly developing startup …

India ideal for start-ups: Kishan Reddy
1 year, 11 months ago

India ideal for start-ups: Kishan Reddy

Deccan Chronicle  

HYDERABAD: Union minister Piyush Goyal on Saturday called for the creation of an international network of mentors, investors and entrepreneurs to strengthen the global start-up ecosystem while his Cabinet colleague G. Kishan Reddy said today’s youth wanted to be job creators instead of job-seekers. They were speaking at the inaugural session of Startup20 — the newest engagement group of G20 …

Success rate of startups in India higher than in other countries: Piyush Goyal
2 years, 1 month ago

Success rate of startups in India higher than in other countries: Piyush Goyal

The Hindu  

The government on Wednesday said that the success rate of startups in India was much higher than in other countries of the world, and the number of startups in the country had increased from 452 in 2016 to 84,012 till November 2022. Though I must say, the success rate of startups in India is relatively higher than the rest of …

Start-up ecosystem: A goldmine of investment opportunities
2 years, 4 months ago

Start-up ecosystem: A goldmine of investment opportunities

Hindustan Times  

The word start-up was added to the layman's dictionary in January 2016 when the Government of India launched the Start-up India initiative. Economic survey 2022 highlighted that at least 14,000 start-ups were recognised by the department for promotion of industry and internal trade in India having at least one new start-up. The convergence of several factors is driving this investment …

75,000 Startups Recognised In India So Far, This is Only Beginning: Goyal
2 years, 5 months ago

75,000 Startups Recognised In India So Far, This is Only Beginning: Goyal

News 18  

Commerce & Industry Minister Piyush Goyal on Wednesday said 75,000 startups have been recognised in India and the startup ecosystem here continues to be fuelled by innovation, enthusiasm and entrepreneurial spirit. India is now home to 75,000 startups in the 75th year of Independence and this is only the beginning,” Goyal said in a tweet on Wednesday. pic.twitter.com/Dh6sVxUnLU — Piyush …

India witnesses a massive 15,400% rise in startups in last 6 years
2 years, 5 months ago

India witnesses a massive 15,400% rise in startups in last 6 years

Live Mint  

India registered a whopping rise of 15,400% in the number of startups that rose from from 471 in 2016 to 72,993 as on 30th June 2022. In a written reply to a question in the Rajya Sabha, Union Minster of State for Commerce and Industry Som Prakash stated that the Startup India initiative was launched in 2016 with the objective …

Delhi Startup Policy to Be Notified Soon, Attempt to Turbocharge Existing Ecosystem: Jasmine Shah
2 years, 8 months ago

Delhi Startup Policy to Be Notified Soon, Attempt to Turbocharge Existing Ecosystem: Jasmine Shah

News 18  

The Delhi Startup Policy was approved by the state cabinet on May 5, aiming to create an enabling ecosystem for people to start businesses and take advantage of a variety of support services such as fiscal and non-fiscal incentives, collateral-free loans, and free consultation from experts, lawyers, and chartered accountants, among other things. Edited excerpts: Is the startup policy of …

BharatPe: The coming of age story for Indian startups | OPINION
2 years, 10 months ago

BharatPe: The coming of age story for Indian startups | OPINION

India Today  

The past few years have put the spotlight on the phenomenal wealth creation by a tribe of businesses called “startups”. The issue has come to prominence due to the governance related matters of BharatPe, a phenomenal financial technology or fintech startup, that pushed the creation of unified QR codes for UPI based payment acceptance, and forced the QR code-based payment …

Budget 2022: Incentivise tech adoption among small and medium businesses
2 years, 11 months ago

Budget 2022: Incentivise tech adoption among small and medium businesses

Firstpost  

Union Budget 2022-23: Govt should also look at doing away with mandatory GST registration for businesses with a turnover of less than Rs 40 lakh The Small and Medium Business sector is among the most important sectors of the economy. Incentivise tech adoption among SMBs The Budget presents a good opportunity for the government to incentivise tech adoption among SMBs. …

Central Govt Announces First-Ever Startup India 'Innovation Week'
3 years ago

Central Govt Announces First-Ever Startup India 'Innovation Week'

News 18  

The Centre will organise the first-ever Startup India “Innovation Week” from Monday to bring together the country’s key startups, entrepreneurs, investors, incubators, funding entities, banks, policymakers, etc under one platform to celebrate entrepreneurship and promote innovation, and to showcase the spread and depth of entrepreneurship across India, an official statement said. According to the Commerce and Industry Ministry statement, the …

India is in the middle of a much-needed start-up revolution
4 years, 2 months ago

India is in the middle of a much-needed start-up revolution

Hindustan Times  

Five years since Prime Minister Narendra Modi launched the Start-Up India initiative, we are witnessing a golden chapter in the history of Indian entrepreneurship. India now has 38,756 officially-recognised start-ups –– with 27 unicorns, eight of which achieved this status in 2020 –– and is the third-largest tech start-up hub globally. The Atal Innovation Mission, Niti Aayog, has built an …

Budget 2020: Startup sector needs relevant reforms, right support and opportunities to play crucial role in India's growth
4 years, 11 months ago

Budget 2020: Startup sector needs relevant reforms, right support and opportunities to play crucial role in India's growth

Firstpost  

To reduce startup ‘infant mortality’ and encourage angel investments, risk-taking, creation of jobs, it is hoped the government will allow for tax exemption for amounts invested in accredited startups. The government has acknowledged that the startup sector has a significant role to play in achieving its projected target of transforming India into a $5 trillion economy by 2025. To reduce …

Gujarat emerges as best performer in developing startup ecosystem for rising entrepreneurs
6 years ago

Gujarat emerges as best performer in developing startup ecosystem for rising entrepreneurs

Firstpost  

A total of 27 states and three Union Territories participated in the ranking of developing best startup ecosystem for budding entrepreneurs. New Delhi: Gujarat has emerged as the best performer in developing startup ecosystem for budding entrepreneurs, according to the ranking of states done by the Department of Industrial Policy and Promotion. The rankings are based on the initiatives taken …

Facebook to organise the first 'India Startup Day' in Delhi on October 9
6 years, 3 months ago

Facebook to organise the first 'India Startup Day' in Delhi on October 9

India TV News  

Facebook, the social media giant on Wednesday went on to say that it would go on and organise its first-ever India Startup Day on 9th October, in a bid to recognise India's thriving startup ecosystem. At the event, Facebook will celebrate Indian stories of founders and leaders who have applied technology in order to solve all current and future societal …

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