Aim to See Delhi Among Top 5 Global Destinations for Startups, Says Kejriwal as He Begins Process for New Policy
4 years, 4 months ago

Aim to See Delhi Among Top 5 Global Destinations for Startups, Says Kejriwal as He Begins Process for New Policy

News 18  

Delhi Chief Minister Arvind Kejriwal on Saturday held a meeting with a panel of industry leaders and young entrepreneurs to kick-start the consultation process for Delhi’s new policy on start-ups. “The new start-up policy aims to accelerate the growth of start-ups in Delhi and transform the city to make Delhi as one of the top 5 global destinations for start-ups,” said Kejriwal. With this start-up policy, we aim to make Delhi as one of the top five global destinations for start-ups,” he said. Riyaaz Amlani, CEO & MD, Impresario Handmade Restaurants, said, “To battle the financial effects of COVID-19 timely measures provided by the Delhi government would mean that we can defeat the financial effects of COVID and come out even stronger.” The nation is currently struggling with a low GDP which is predicted to hit a new low in the coming days.

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History of this topic

National Startup Day: Visionaries speak on new ventures’ role in driving growth
11 months, 1 week 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 …

Top 5 cities in India for startups
1 year, 7 months ago

Top 5 cities in India for startups

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, said Union minister Anurag Thakur in February this year. 1) Bengaluru: Bengaluru, the Silicon Valley of India, is also known as the city for startups as it has the most conducive atmosphere for trade and digitalization. 2) …

Budget 2023 | Government extends support measures for start-ups
1 year, 10 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. …

India ideal for start-ups: Kishan Reddy
1 year, 10 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 …

Sustainable funding and the Indian start-up ecosystem
2 years ago

Sustainable funding and the Indian start-up ecosystem

Hindustan Times  

India saw a staggering jump of 15,400% in the number of start-ups in just six years, going from 471 in 2016 to 72,993 in 2022. Despite the advancements made, India's businesses still face enormous obstacles that must be overcome if India is to become the world's leading start-up destination. The start-up ecosystem needs to create solutions that help companies in …

Here's how startups are changing students' mindsets today
2 years, 2 months ago

Here's how startups are changing students' mindsets today

India Today  

The Indian start-up ecosystem is moving at a scorching pace. Hitherto, more than 57,000 start-ups have been registered and the combined total start-up valuation is close to USD 450 billion. FROM SOUNDBITES TO SUBSTANCES As the center of gravity of the economy is shifting and start-ups are increasingly playing a larger role, the mindset of students is also changing. NO …

Start-ups in India brace for ‘long and bitter winter’
2 years, 5 months ago

Start-ups in India brace for ‘long and bitter winter’

The Hindu  

With funding starting to dry up due to global macro-economic factors, the startup ecosystem in India is bracing itself for a “long and bitter winter” and potential mass lay-offs in the next 12-18 months, particularly in sectors such as ed-tech and gaming that got a significant push during the pandemic, according to experts. As per data from the Ministry of …

Indian cities rise in global start-up ranks, China’s ecosystems slip
2 years, 6 months ago

Indian cities rise in global start-up ranks, China’s ecosystems slip

Live Mint  

Several Indian ecosystems have risen in the global start-up ecosystem rankings, most notably Delhi, according to a report. Delhi is 11 places higher than in 2021, entering the top 30 for the first time at 26, says a report by Startup Genome, a policy advisory and research organization for public and private organizations. The performance of Chinese startup hubs is …

Delhi Startup Policy to Be Notified Soon, Attempt to Turbocharge Existing Ecosystem: Jasmine Shah
2 years, 7 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 …

PM Modi suggests students take advantage start-up ecosystem in India
2 years, 9 months ago

PM Modi suggests students take advantage start-up ecosystem in India

Op India  

On Sunday 6th March 2022, Prime Minister Narendra Modi suggested students take advantage of start-ups in various sectors of as India is the third-largest start-up ecosystem in the world. Emphasizing the changing mood of the nation, PM Modi said, “If this change has come into the country then its first credit also goes to all of you, the youth of …

Indian startups raised record USD 24.1 billion in 2021, reports Nasscom
2 years, 11 months ago

Indian startups raised record USD 24.1 billion in 2021, reports Nasscom

New Indian Express  

NEW DELHI: Indian startups raised a record $24.1 billion in 2021, a two-fold increase over pre-Covid levels, while $6 billion were raised via public markets with 11 startup IPOs, a new Nasscom report said on Friday.The Indian tech startup base continues to witness steady growth, adding over 2250 startups in 2021, which is 600 more than 2020. India, accounting for …

Delhi Decoded: How to make Delhi more startup friendly?
4 years, 4 months ago

Delhi Decoded: How to make Delhi more startup friendly?

Live Mint  

NEW DELHI: Delhi chief minister Arvind Kejriwal held a meeting last week with a panel of industry leaders, young entrepreneurs to kickstart the consultation process for Delhi's new policy for startups. In this podcast, Tarun Bhalla, founder of Avishkaar, which is a startup in West Delhi’s 110015, was a part of the meeting with the Delhi chief minister last week. …

Delhi Govt Kick Starts Consultation for Drafting New Start-up Policy
4 years, 4 months ago

Delhi Govt Kick Starts Consultation for Drafting New Start-up Policy

News 18  

The Delhi government on Saturday kickstarted the consultation process for drafting a policy to make the national capital one of the top five start-up destinations in the world. The Delhi government will soon release the draft start-up policy and launch an online forum to seek inputs from the general public on it, the statement said. "The report states that Delhi-NCR …

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