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Thursday, January 30, 2025

Startup

Renewed Call for Angel Tax Removal Ahead of Union Budget

In the lead-up to the Union Budget, the Ministry of Commerce and Industry has once again advocated for the removal of the so-called “angel tax,” arguing that it hampers the growth of India's start-up ecosystem. Rajesh Kumar Singh, Secretary...

Andhra Chamber of Commerce Boosts the Startup Ecosystem

The Andhra Chamber of Commerce has signed a memorandum of understanding (MoU) with the Atal Incubation Centre (AIC) at Anna University Incubation Foundation to strengthen the startup ecosystem and support aspiring entrepreneurs. This strategic tie-up aims to leverage the...

ONDC Onboards 125 Ecosystem Stakeholders to Democratize E-commerce

The Open Network for Digital Commerce (ONDC), an initiative aimed at democratizing e-commerce and making digital commerce accessible to smaller players, recently announced the onboarding of 125 ecosystem stakeholders. These stakeholders include a mix of startups and some of...

Good Capital: Fueling India’s AI Growth

Good Capital, a Mauritius-based venture capital firm, made a significant announcement on Friday regarding its investment strategy for the fiscal year. The firm disclosed its intention to invest USD 25 million, approximately Rs 200 crore, in Indian AI startups....

Startup Ecosystem Outlook: India’s Position Amidst Global Shifts

In an unexpected turn of events, India's vibrant startup ecosystem encountered its first hiccup in growth since 2017, marking a slight decline in the number of unicorns - startups valued at $1 billion or more. According to the latest...

MSMEs in Kashmir: NIT Srinagar Leads Awareness Programme

In a significant endorsement of the critical role played by MSMEs in bolstering employment, the National Institute of Technology (NIT) Srinagar recently spearheaded an extensive awareness campaign. The week-long programme aimed at sensitizing MSMEs in Kashmir concluded successfully. It...

One District One Product Scheme in Uttar Pradesh

The One District One Product (ODOP) scheme is transforming the lives of artisans and traders in Uttar Pradesh. This initiative is not only benefiting handicraft traders but is also fostering creativity among local artisans. The scheme has been instrumental...

MSME Exports: Charting a Path to International Success

Micro, small, and medium enterprises (MSMEs) constitute a vital component of India's economic framework, contributing significantly to employment and GDP. However, despite their importance, only a fraction of enterprises are actively engaged in MSME exports, presenting a considerable untapped...

PM Narendra Modi Urges MSMEs to Embrace Global Standards

Madurai, Tamil Nadu: Prime Minister Narendra Modi spearheaded a transformative discourse at the 'Creating the Future – Digital Mobility for Automotive MSME Entrepreneurs' event, engaging with thousands of Micro, Small, and Medium Enterprises (MSMEs) in the automotive sector. This...

G20 Startup Opportunities: Indian Startups Unveiled

Introduction to the G20 Summit's Indian Chapter G20 Startup Opportunities have become a focal point in the aftermath of India's recent hosting of the summit. Established as a dialogue among major advanced and emerging economies, the G20 Summit holds the...

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GeM Partnership with Sikkim: Boosting Digital Procurement Across India

The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....