Back
Amanat Prakash
Building xcesย โขย 8m
Nobody is ready to take risks and provide capital to early-stage startups easily. However, many startups still secure funding due to connections. Additionally, the government itself often does not fund AI or DeepTech startups. Even Shark Tank India follows this trend, primarily funding businesses with common models like restaurants, candy brands, and fashion. Why doesnโt our government compare itself to the Chinese or U.S. governments? If food delivery, quick commerce, and fancy ice cream startups are not considered good businesses, then why does the government still collect taxes from them? These industries contribute over thousand of crores annually in taxes. Why doesnโt the government invest more in R&D? Why do state governments offer loans but not grants? Why donโt they provide funding in exchange for equity? First, improve Indiaโs startup ecosystem.
More like this
Recommendations from Medial
ProgrammerKR
ย โขย
Medialย โขย 6m
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 โน10 crore to โน20 crore. This will help startups access more capital and
See More
Vikas Acharya
Building WelBe| Entr...ย โขย 8m
Karnataka Government Funds 101 Startups Through Elevate 2024 The Karnataka government is set to provide funding to 101 startups under its Elevate 2024 program. This initiative is a key part of the state's efforts to support and develop its startup e
See More
Download the medial app to read full posts, comements and news.