India, Taiwanese space-tech bodies tie up to support startups
The International SpaceTech Startup Support Programme is meant to enable Indian startups showcase their unique capabilities and collaborate with the space sector in Taiwan.
indian startups
March 2023
January 2023
October 2022
September 2022
SVB crisis: Indian start-ups' deposits worth $1 bn stuck, says Chandrasekhar
Rajeev Chandrasekhar said the Indian banking system is resilient and strong and that startups in the country should therefore opt for Indian banks as their preferred banking partners.
Fintech startup funding down 47% in 2022: Tracxn
The number of funding rounds also declined by 29% to 390 rounds in 2022 as compared to the same period in 2021.
Startups funding declines 33% YoY to ₹2,400 cr in CY22: PwC
However, the domestic start-ups raised funds more than twice in CY22 against ₹1,090 crore in CY20 and ₹1,280 crore in CY19.
Budget 2023: Tax Rates Need To Be On Par For Listed Companies & Start-ups
Despite funding to start-ups going towards asset creation and jobs, tax rate and holding period are twice that of listed securities.
Long winter: Startup funding at 2-year low in July-Sept quarter
Funding in India hit a two-year low of $2.7 billion during Q3CY22, according to estimates by PwC.
Govt commits ₹7,385 crore under Fund of Funds for Startups
As part of the scheme, 88 AIFs have invested ₹11,206 crore in 720 startups as of September 24, 2022.
Startup VC funding up 9.7% at $995 mn in Aug
August managed to reverse the decline in fundraising, despite a 2.3% fall in deal volume; apart from India, VC funding also rises in China.
Start-up Riches
A new generation of techpreneurs is building new-age solutions and creating companies valued at well over a billion dollars, helped by massive investor funding.
Startups' funding winter to continue for next 12-18 months: Report
Despite the funding winter, edtech unicorn UpGrad raised another big round of $210 million funding in August .
