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New tax rules allow companies to conserve working capital by reducing TDS on purchases. Learn how this amendment can boost the Indian startup ecosystem.
Startups

Tax Relief For Startups: Budget 2024-25 Offers Working Capital Boost

The recent Union Budget 2024-25 has introduced a key amendment to the Income Tax Act that could provide a much-needed lifeline to loss-making companies, particularly

Startups in India anticipate significant measures from Union Budget 2024, including the removal of angel tax and incentives for investments. Health tech and AI sectors seek increased funding to drive innovation and economic growth. The budget will be presented on July 23 by Finance Minister Nirmala Sitharaman.
Startups

India’s Budget 2024 Landmark Reforms For Startups And Growth

The Economic Times reports on the analysis by the US India Strategic and Partnership Forum (USISPF) of the recently announced Indian Union Budget for 2024.

Building Bridges Between Startups
Startups

M&A Activity In The Indian Startup Ecosystem Plunges In H1 2024

The Indian startup ecosystem witnessed a significant slowdown in mergers and acquisitions (M&As) during the first half of 2024. According to the ‘Indian Tech Startup

Byju's, once India's most valued startup, is facing a severe crisis. The ed-tech giant, which raised over $5 billion since its inception in 2011, has defaulted on a significant payment of Rs 155 crore to the Board of Control for Cricket in India (BCCI). This financial misstep has triggered insolvency proceedings against the company.
Startups

Byju’s On the Brink: Insolvency Proceedings Begin

Byju’s, once India’s most valued startup, is facing a severe crisis. The ed-tech giant, which raised over $5 billion since its inception in 2011, has
Startups

Byju Raveendran Faces Major Crisis as Byju’s Faces Insolvency

The founder of Byju’s, Byju Raveendran, is in a precarious situation as his formerly well-known education technology company goes bankrupt. The startup’s worth, which was
Startups

Startup TN: Transforming Tamil Nadu into a Global Startup Hub

Startup TN is leading initiatives to support innovative, world-class entrepreneurs in an attempt to strengthen Tamil Nadu’s standing as a global centre for startups. The

Snapdeal founders Kunal Bahl and Rohit Bansal score big with a 200x return on their Rs 57 lakh investment in Urban Company. Titan Capital, their investment firm, cashes out Rs 111 crore in a lucrative exit deal. Learn about this successful investment and the growing Indian startup ecosystem.
Startups

Titan Capital Founders Cash Out Big: Rs 57 Lakh Investment In Urban Company Turns Into Rs 111 Crore

Co-founders of Snapdeal Kunal Bahl and Rohit Bansal left Urban Company in a big way, making a huge 200-fold profit on their original investment.In 2015,

Bill Gates-backed startup revolutionizes the food industry with dairy-free butter created from air. Savor's groundbreaking process uses carbon dioxide.
Startups

Bill Gates-Backed Startup Revolutionizes Butter Production

Savor, a food tech startup based in California, is causing a stir in the food sector with their innovative method of manufacturing butter without using

The Indian fintech sector is expected to experience significant growth in the coming years. While navigating the stricter regulatory environment might pose temporary challenges, it ultimately benefits the industry by promoting trust and security.
Startups

Strict KYC Rules: Boon Or Bane For Fintech Startups In India?

Fintech startups in India are facing a stricter regulatory environment, particularly regarding Know Your Customer (KYC) norms. Key Takeaways What it means for Fintech Startups

Stripe reaches a staggering $70 billion valuation! Sequoia Capital seeks to buy shares from early investors looking to cash out. Is this a strategic move or a liquidity play? Dive deeper into Stripe's meteoric rise and its future as a fintech leader.
Startups

Stripe Soars To $70 Billion Valuation As Sequoia Capital Seeks Share Buybacks

Sequoia Capital Targets Early Investors with Share Buyback Offer The enormous financial technology company Stripe has seen a sharp increase in valuation, with a recent