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TREND | 11 Feb 2025

Hoping to increase govt-registered startups to 10 lakh in 10 years: Goyal

Business Standard

Commerce and Industry Minister Piyush Goyal on Tuesday expressed hope that the number of government-registered startups would increase to 10 lakh in the next ten years due to the steps taken to promote growth of these budding entrepreneurs in the country. At present, there are 1.57 lakh registered startups as compared to 450 in 2016. With an intent to build a strong ecosystem of the country for nurturing innovation and promoting startups, the government launched the Startup India initiative on January 16, 2016. As per the government's eligibility conditions, entities are recognised as 'startups' under the Startup India initiative. These units are eligible to avail tax and non-tax incentives under the Startup India action plan. Under the initiative, the government through its flagship schemes Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme and Credit Guarantee Scheme for Startups, has provided financial assistance to eligible recognised startups across sectors and .

Startups

TREND | 09 Feb 2025, 05:55PM

ESC unveils 'Ignite Tech Startups' mentoring programme

Business Line

ESC has announced the 'Ignite Startups' mentoring programme that aims to catalyse the Indian tech startup ecosystem along with a complimentary exhibit space at INDIASOFT 25

Startups

TREND | 07 Feb 2025

India's LLM moment: VCs begin to look at opportunity in LLM start-ups

Business Line

Venture capital and private equity firms are now keen on start-ups working on indigenous Large Language Models (LLMs)

Startups

TREND | 03 Feb 2025

Equirus, Credence merge family offices in 100 crore deal

Business Line

Transaction provides exit to TIW Private Equity from Credence family office

Startups

TREND | 01 Feb 2025

Startups get another Rs 10k crore 'Fund of Funds' fillip in Budget 2025

Business Standard

The FM said that the initial FoF announced by the government with an investment of Rs 10,000 crore managed to catalyse commitments worth Rs 91,000 crore

Startups

TREND | 01 Feb 2025

Economic Survey: Startup India Seed Fund has approved 227 cr in funding to 1,278 women entrepreneurs

Business Line

More than 3,000 crore invested across 149 women-led start-ups through alternative investment funds

Startups

TREND | 30 Jan 2025

Gujarat-Based Startup trackNOW Raises Undisclosed Amount In Seed Funding Round

NDTV Profit

The investment will enable trackNOW to expand its R&D and boost operational efficiency, which will further solidify its position in the Indian logistics market.

Startups

TREND | 27 Jan 2025

VoltUp's Seed Funding Round Fetches Rs 70 Crore

NDTV Profit

The company plans to invest $85 million on battery-swapping stations, batteries, and expand the Mobility-as-a-Service platform that it said will create more jobs.

Startups

TREND | 25 Jan 2025

Sacred waters and rituals: How startups are cashing in on the virtual Kumbh rush

livemint

Startups are harnessing the spiritual rush at the Maha Kumbh Mela to innovate and profit. From selling bottled Ganga water to providing virtual pujas, these companies are bridging the gap between tradition and technology.

Startups

TREND | 23 Jan 2025

VuNet Systems secures Rs 60 crore in Series B to drive global expansion

Business Standard

VuNet's observability solution, built using big data and machine learning, helps to monitor business journeys and improve payment experience of users