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𝗪𝗵𝗮𝘁'𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗨𝗻𝗶𝗼𝗻 𝗕𝘂𝗱𝗴𝗲𝘁 𝟮𝟬𝟮𝟱 𝗳𝗼𝗿 𝘀𝘁𝗮𝗿𝘁𝘂𝗽𝘀? The government aims to support 5.7 crore MSMEs with enhanced financial assistance and policy measures. Loan guarantees for micro-entrepreneurs will be expanded to ens

What are the key Budget announcements for startups? Finance Minister Nirmala Sitharaman said the government will set up a new fund of funds worth ₹10,000 crore for startups. The credit guarantee cover for startups has also been increased from 10 cr

Startup Recognition in India ' (under DPIIT – Department for Promotion of Industry and Internal Trade) 🎁 . Benefits After DPIIT Recognition: Tax exemption for 3 years under section 80IAC. Exemption from Angel Tax under section 56(2)(viib). Easie

Indian Government Expands Credit Guarantee Scheme for Startups The Indian government has doubled the Credit Guarantee Scheme for Startups, increasing the maximum loan cover from ₹10 crore to ₹20 crore. This will help startups access more capital and

How many of these government schemes to support the startup ecosystem are you aware of? 1. Startup India Initiative (SII) [2016] - This scheme offers three years tax holiday and reduced regulatory burden along with access to a Fund of Funds worth ₹1

🚀 OfBusiness raises Rs 100 crore from Cornerstone Ventures ahead of its IPO! 💡 Cornerstone's $200M Fund two backs late-stage B2B growth, marking a major milestone. ➡️OfBusiness helps SMEs with raw materials, AI-based purchasing & Oxyzo financing

**Opportunity Alert: CGTMSE Scheme for MSEs** Dear all, Exciting news! The CGTMSE Scheme offers collateral-free loans up to *Rs. 2 crore* for micro and small enterprises (MSEs). Key features include: - No need for collateral or third-party guarante

Adil Qadri's perfume brand, AdilQadri, is currently valued at approximately 200 crores. The brand has experienced substantial revenue growth, increasing from Rs 5.3 crore in the fiscal year 2020-21 to Rs 10 crore in 2021-22, and further rising to R

2024 IPO Highlights! 🚀 This year has seen 13 IPOs across a variety of sectors, including fintech, SaaS, logistics, proptech, electric vehicles, e-commerce, foodtech, and traveltech. In total, these companies successfully raised an impressive ₹29,24

Business Wrap: RBI Holds Repo Rate at 6.5% | Stock Market Rebounds | Real Estate Growth Outlook And More! Business Roundup: The RBI has maintained the repo rate at 6.5%, keeping home loan EMIs steady. The stock market bounced back after the June 4 d