The AI Innovation Challenge for retail and manufacturing startups has been planned in collaboration with International Institute of Information Technology Hyderabad (IIITH)
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FICCI LEAD signed an MoU with the Dubai International Financial Centre (DIFC) to launch the India-UAE Startup Corridor, which will enhance and expand the startup ecosystem between India and the UAE
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Arunachal Pradesh passes its Startup Policy, which will facilitate growth of at least 250 startups over the next five years
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Three-year-old startup Wcube is disrupting the existing procurement process for large scale enterprise clients in India
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India's push comes after the flop listing of Paytm's $2.5 billion IPO in November which sparked criticism of lax oversight of how loss-making companies price issues at lofty valuations
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Rupifi builds payments and credit offerings for business to business transaction use cases, with a significant focus on the Indian small and medium enterprises
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It is a sincere hope that the implementation of these announcements will be done in an efficient manner by the (Indian) Government to provide the requisite impetus to the development of the tech and start-up ecosystem in the country.
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The Indian economy has been struggling through the pandemic and to get back on track, the Government’s agenda has been to create conducive business for growth of the start-ups. However, in terms of tax incentives for this sector, India is still far behind as compared to jurisdictions like China and USA
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