There has been a lot of talent in the start-up circle for an overall funding winter, a period when funding indian startups has proven difficult. Looking back at recent years, 2020 and 2021 were excellent years for funding. Despite the start of COVID-19, there was no significant drop in funding in 2020, so keep an…
With Fintech adoption rate at 87% against the global average of 64%, India has emerged as one of the largest digital markets in the world. Fintech Sector has huge potential in India, supported by an enabling policy and digital infrastructure framework. As per industry estimate, India has over 676 million smartphone users, over 1.2 billion telecom subscribers…
The Minister of State for Petroleum and Natural Gas, Shri Rameswar Teli in a written reply to a question in the Rajya Sabha today informed that the details of total amount of funds disbursed State-wise from the Start-up Fund by the Central Public Sector Enterprises (CPSEs) under the Ministry of Petroleum & Natural Gas during…
To promote startups across all the State/UTs, Government of India has launched Startup India initiative in 2016. This initiative aims at building a strong ecosystem for nurturing innovation and Startups in the country. In order to meet the objectives of the initiative, Government has launched various programmes to promote Startups across the country are as…
Following measures have been taken for promotion of Micro, Small and Medium Enterprises (MSMEs) in defence production sector:- Cases with Acceptance of Necessity (AoN) cost < Rs 100 Crores are reserved for MSMEs, provided there are at least two or more MSMEs eligible to participate in the category. In order to encourage startups/MSMEs, procurement cases…