Category: Start-up

With these latest approvals, over 3,700 startups have now benefited from the scheme since its launch. As per a Commerce Ministry statement, the approvals came during the 79th and 80th meetings of the Inter-Ministerial Board (IMB), with 75 startups cleared in the 79th meeting and 112 in the 80th, held on 30 April. The Department […]

The Indian Government has revised the credit guarantee scheme for start-ups that will further reduce the perceived risks of lending to them, enabling greater financial support to undertake research and development and creating cutting-edge technologies. The Government approved a revised Credit Guarantee Scheme for Start-ups (CGSS), which increases the ceiling on guarantee cover per borrower […]

These are the names to watch, the stories to follow and the journeys that inspire: Entrepreneurship in India has come a long way-from family-run businesses and corner shops to digital-first startups and globally recognized brands. But what truly makes an entrepreneur stand out today isn’t just revenue or reach-it’s vision, resilience and the ability to […]

Weeks after questioning the lack of innovation by several new Indian companies, Commerce and Industry Minister, Piyush Goyal met several players from the country’s startup ecosystem in New Delhi. The closed-door meeting was organised by the industry body Startup Policy Forum. The Forum is slated to share updates from the meeting next week. The people […]

More than 28,000 startups have closed in the last two years – 15,921 in 2023 and 12,717 in 2024 – with reasons ranging from bankruptcy to being inactive for more than a year. According to the data intelligence platform Tracxn, the number of startups in India which closed shop in these two years are much higher […]

During a session on ‘Building a diverse startup ecosystem: inclusion and gender equality’, panelists discussed the power of inclusive technology, role of academic institutions in fostering the same and how inclusion must be unbiased. Even as Tamil Nadu is heading towards a vibrant and tech-led startup ecosystem, there is a need for a policy framework […]

According to Wadhwa, Indian entrepreneurs are overlooking a significant chance to apply cutting-edge hardware for public benefit, instead opting for “brain-dead” projects aimed at short-term gains over lasting impact. Vionix Biosciences CEO, Vivek Wadhwa has taken aim at India’s startup ecosystem, criticizing it for being overly focused on “brain-dead” ventures that ignore pressing societal needs. […]

Commerce and Industry Minister, Piyush Goyal said he has faced criticism from former Infosys, CFO Mohandas Pai for urging Indian startups to focus more on innovation. “I have been bashed up a little bit by Mohandas Pai in the last few days for my appeals for startups to focus on innovation,” Goyal noted, describing the backlash as “unfortunate.” The […]