The year 2016 was not an easy year for startups as investors looked at profitability and raising new funds was a difficult proposition for entrepreneurs. The hardships notwithstanding, many startups showed the way and have consolidated their positions in their niche sectors by expanding business horizons and adding in new subscriber base. We look at…
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Labour Laws let new startups breathe
To ensure startups are able to focus on their core business, the government of Maharashtra has announced a three year waiver from labour laws related exemptions for all startups in the state. The move is aimed to promote startup ecosystem by ensuring ease of doing business in accordance with the central government’s long term vision.…
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India Ranks Third in the Tech Startup World
In just 25 odd years from the time India liberalized its economic policy, a new undercurrent of entrepreneurism is brewing strong. Acknowledged today as the startup hub of the world, India today is attracting talent from across the globe. Young Indians are embracing entrepreneurism and are willing to take the risk rather than put safety…
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E-marketplaces to be made Compulsory for Government Purchases
All government departments will now be making all their purchases through e-marketplaces giving preference to domestic players. The central government is likely to pass a new directive after which all government supplies will have to be compulsorily made from government e-marketplace or GeM. These new regulations are part of General Financial Rules (GFR) to be…
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How to choose the right legal entity for your startup?
If anything is just as important as that unique business idea you may have for a startup, it is the legal structure of the business. Beyond the initial seed idea, running a successful business enterprise requires planning in various areas of business. Opting for the right legal structure is one of the essentials that underlines…
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Dreams turned reality at an early age!
India’s entrepreneurial future rests with the young. This may not just be a mere rhetoric but the sheer number of student startups performing exceedingly well in the big league is testimony to the fact that youngsters today are driving force in the startup world. There are ample startup success stories that underline the successful entrepreneurship…
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