The Rising Entrepreneurshi

p In IndiaPowered By

Helping Small Businesses Grow

The Humble Beginning

Entrepreneurship seems to be the buzzword for today’s generation. On Jan 2016, Prime Minister Of India Launched #StartUpIndia Campaign.

Indian startups raised $1.42 billion through 307 deals in Q1 2016.

What qualifies as a “Startup” for the purpose of Government schemes?

A company should be upto 5 years old from the date of its incorporation/ registration

Turnover for any of the financial years has not exceeded INR 25 crore

It works towards innovation, development, deployment or commercialization of new products, processes or services driven by technology or intellectual

property.

Current Statistics - Demography

Bootstrapped Angel Funded VC Funded0%

20%

40%

60%

80%

100%

120%

Demography

Delhi Bangalore Mumbai Chennai Pune Hyderabad

Delhi/ NCR, as shown, emerges

as the most sought after city to start a

new venture.

http://ictactjournals.in/

Image Source: Economic Times

There will be more

jobs

The market is projected to increase

in Size

India will be one of the fastest

growing economies

India is able to overcome

global financial

crisis, geopolitical

conflicts

GDP will increase

Poverty will be

accounted for

Things to watch out for in the Startup India Ecosystem

Companies to watch out for in 2016

S. No.

Company Name Founders Location

1 Faircent.com Rajat Gandhi, Vinay Mathews & Nitin Gupta

Gurgaon

2 Bolt Satyajeet Mohanty (CEO & Co-Founder, Bolt), Ronak Kumar Samantray, Co-Founder NowFloats

Hyderabad

3 Wow! Momo Foods Pvt Ltd Sagar Daryani & Binod Kr. Homagai

Headquartered in Kolkata, operational in Delhi, Bangalore, Chennai, Kochi & Pune

4 EduKart Ishan Gupta New Delhi

5 Chaayos (Sunshine Teahouse Pvt Ltd) Nitin Saluja & Raghav Verma New Delhi

6 SuVitas Holistic Healthcare Flt Lt Bipin Pendyala, Dr. Ramesh Babu and Sateesh Andra

Hyderabad

Source: Economic Times

1. Single Window Clearance even with the help of a mobile application2. 10,000 crore fund of funds3. 80% reduction in patent registration fee4. Modified and more friendly Bankruptcy Code to ensure 90-day exit window5. Freedom from mystifying inspections for 3 years6. Freedom from Capital Gain Tax for 3 years7. Freedom from tax in profits for 3 years8. Eliminating red tape9. Self-certification compliance10. Innovation hub under Atal Innovation Mission11. Starting with 5 lakh schools to target 10 lakh children for innovation programme12.new schemes to provide IPR protection to start-ups and new firms13.encourage entrepreneurship.14.Stand India across the world as a start-up hub

Key Initiatives by Government of India in Promoting #StartUpIndia

At Biz2Credit, we offer a paperless, fast, transparent and easy loan application process. Loan seekers using our online platform get the privilege of a dedicated Case Manager to help them at every stage of the loan application process.

Visit www.biz2credit.in to get more details.

Helping Small Businesses Grow