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Latest Articles in dipp

Credit Guarantee Scheme of Rs. 5 Crore Likely for Startups After Cabinet Nod

If Startups meet the criteria defined for them by the department to access any benefit announced in the Startup India Action Plan last year, including loans under the credit guarantee scheme, they would be able to avail this credit scheme too.

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“Government is Open to Suggestions on StartUp India By All Means”: Abhishek Ramesh, Secretary, DIPP

The IVCA Conclave on 6th March, 2017 began with the addressing the Private Equity Investors present at the event and spoke about the huge responsibility they held as the investor community in India, of discovering, funding, exiting at the right time and passing the torch to the next round of investors.

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Ronnie Screwvala’s Second Mission Is Edtech

“Edtech is an exciting space to be in. I’d like to do this for at least the next 15 to 20 years. But it’s not just about capital returns. The ability to make an impact and empower so many lives by taking education online is profound. I have been blessed. I was able to make a big impact in the 90s when I founded UTV. If I am able to make a second big impact with UpGrad, then that would be wonderful and a real privilege.”

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Nirmala Sitharaman: Startups May Get More Tax Benefits Next Budget

The ministry has already suggested the finance ministry consider raising the tax holiday for startups to 7 years from the present 3 years to encourage budding entrepreneurs.

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‘Amazon Launchpad’ Launched For Indian Startups

The monthly fee is 5000 rupees payable to Amazon. In exchange, Amazon will provide logistic capabilities and promote partnered startups more prominently.

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DIPP Announces Rs.2000 Cr Credit Guarantee Fund For Indian Startups

Elaborating on the issue of softening existing regulations for Start-Ups, Mr. Abhishek pointed out that DIPP would take up this issue with entities such as RBI, SEBI and Department of Corporate Affairs among others.

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Deals RoundUp : T-Hub, WeddingWishlist, Facebook, Ray Business, QuickEdmin, Stitchwood, OneAssist Consumer Solutions, Trifecta Capital, Texas University, DIPP, Snapdeal & nexGTV

Snapdeal, Indian online marketplace, announced the launch of its exciting Back to College store, coinciding with the beginning of college terms, this season.

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Deals RoundUp: DIPP, Voonik, TurningIdeas, AAGAAR.com, Lok Capital, Klay Schools, Peepul Capital, IFC, Pinterest and Fleksy

Well known for its gesture based keyboard app, Fleksy, has been acquired by content sharing website Pinterest.

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Startup India Portal Launched: Are You Eligible For the Scheme?

Under the Scheme, Income Tax exemption is available for first three years. However, the startup will be eligible for tax benefits only after obtaining certificate from the Inter-Ministerial Board, setup for this purpose.

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Why is the Government Interfering in the Pricing of eCommerce?

Is there any economic basis to assume discounting by e-commerce amounts to predatory pricing? Or is it a ‘fear’ being inculcated by the opposing lobby?

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