DPIIT Joint Secretary said support from unicorns is one of the most impactful ways to uplift startups, as they gain from the journey of successful ventures.
This is Maruti Suzuki’s second investment in a start-up. Before this, Maruti Suzuki had invested in Sociograph Solutions Private Limited in June 2022.
Union Commerce Minister Piyush Goyal urged entrepreneurs to make the most of the opportunities as India transitions to a $35 trillion economy
"The Modi government is drumbeating and telling us to celebrate National Start Up Day. But our startup entrepreneurs, creative people and our jobless young have been pushed to the wall, since the launch of 'Startup India' in 2016 by PM Modi," Kharge said in a post on X.
The total applications received this time for the DIPPT’s flagship National Startup Awards (NSA) were over 10% lower than 2022, when as many as 2604 startups had pitched themselves for the recognition.
Avendus projects that by 2027, India would have more than 20 unicorns in the B2B marketplaces segment, up from 7 currently, with more than 5 of the companies getting publicly listed
Policy makers must collaborate with civil society, industry, and academia to imbibe a human-centric, nuanced technology approach in policy making so as to not only protect citizens’ rights, but strengthen the entire technological ecosystem and allow unimpeded innovation for public good
Maharashtra topped with more than 1.46 lakh jobs, with Karnataka, which houses the tech hub of Bengaluru, a distant second with more than 1.03 lakh jobs. Maharashtra also beat Karnataka when it comes to the number of startups registered in a state
Earlier this year, the DPIIT had begun a plan to enable the creation of 20 lakh new jobs in the sector by officially registering 50,000 new startups over the next four years.
Acknowledging the potential of institutes such as the IITs as amazing test-beds for innovation and entrepreneurship, and the promise they hold for employment generation and social impact, the government is helping them with policy tweaks, guidance, and funding
By 2025, the department aims to create 20 lakh new jobs by officially registering 50,000 new startups.
The portal is in the testing phase and the final version will be ready for launch by May 15, 2021.
While the winning startup founders will get a cash prize of Rs 5 lakh, the incubators and accelerators will get Rs 15 lakh as the winning amount.
As the food and beverages industry resumes business, Swiggy hopes to get restaurants online faster with its 'Jumpstart Package'.
The number of new startups dropped to a nine-year low in 2019, but overall fund inflow jumped to a five-year high
The proposal is part of the Start-up India Vision 2024, prepared by the department to promote the growth of budding entrepreneurs.
New Delhi should shed its paternalistic way of looking at Bengaluru and Gurugram. After all India’s IT sector has led the biggest wealth creation in the history of our country.
Under the Startup India initiative launched by the Modi government in January 2016, eligible companies can avail this and a host of other tax benefits, all they need to do is be recognised as startups under the initiative by the DPIIT.
A fraught public education system in India presents a variety of opportunities for EdTech market players to enter with the promise of customisation and efficiency.
The signature scheme is plagued by many bottlenecks. The government in its new avatar must summon courage to tackle the trouble spots
Startup India initiative aims at fostering entrepreneurship and promoting innovation by creating an ecosystem that is conducive to growth of budding entrepreneurs.
The notification excludes startups who already received assessment notices and only people with certain financial stature can be investors and it is taking the form of an investment tax.
"The event will showcase the Indian startup opportunity for funds from around the world. The summit aims to attract more global capital into the country," it said.
The company had raised over Rs 12 crore from the same investors in January this year.