The focus of the Modi government on the startup economy and entrepreneurship is a promise to make India the world's largest economy. Job creation is at the heart of encouraging, incubating, and funding small and medium entrepreneurs under the Startup India mission.
The journey of any startup story has four elements - talent, idea, capital, and entrepreneurship or TICE. But to get the benefits of various government schemes a startup business must be registered and recognised by the government of India. So a startup can be any small or medium business that has been recognised by the DPIIT. Click to register: Startup Registration Form
Startup Scenario in India
India is headed toward becoming third largest economy in the world. And Modi government intends to make India the world’s largest economy, thus transforming India into a developed nation from a developing nation, creating new entrepreneurs and business is key to that goal. The startup scene India is very promising as India hosts third biggest number of startups after the US and China. Having the third largest startup ecosystem with over 90,000 startups and over 100 unicorns. These Unicorns and other Unicorns in the making are being supported and driven by various Digital India initiatives.
One of the main reasons for the growth of the Startup scene in India is the country's large and young population, which provides a large pool of talent and consumers. India also has a rapidly growing middle class, which has increased demand for goods and services and provides a large market for Startups to tap into. Click and Read More Read More - What Makes India A Vibrant Startup Country?
What Are The Top 10 Startup India Schemes?
Do you always desire to establish your own business but lack funding has prevented you from doing so? Don't worry, the Indian government has introduced the Startup India Scheme to assist entrepreneurs in dealing with such situations. Read more to know What are the Top 10 Startup India Schemes?
What Are The Different ‘Corns’ In The Startup Ecosystem?
Unicorns is a common term! But what is mini corn? What is a soonicorn or decacorn and hectocorn? Read this detailed article by TICE to Know this! Click and Read More Read More - What Are The Different 'Corns' In The Startup World?
The Startup Map Of India
A remarkable and definite trend is shaping up in India’s startup story. Tier 2 cities are moving fast to catch up with cities like Delhi, Mumbai, Chennai, and Kolkata. TICE brings you compelling evidence to show this. Click and Read More Read More - Tier 2 towns that will soon catch up with Delhi & Mumbai as Startup Hubs
From agri-tech to healthcare and medical devices, these startups are disrupting the business conducted and creating jobs and opportunities for millions of people in their local communities. Click and Read More - Tier II & III Startups Make a Splash at National Startup Awards
Sikkim startup ecosystem is rapidly growing. Innovative solutions to real-world challenges are leading to the success of startups. From Atal Incubation Centre to Sikkim Skilled Youth Startup Scheme Points, the government is also supporting the startups in the state. Click and Read More - Startup Sikkim: Innovative Solutions to Real-World Challenges
A silent revolution is brewing on the banks of the mighty Brahmaputra. The state of Assam is witnessing the rise of startups that are as diverse as they are innovative. Click and Read More -Momos to Waste Management: The Diverse Startup Landscape of Assam
Tamil Nadu government adds to the startup legacy in the state by launching Global Tamil Angels. From Zoho, and Caratlane to Agnikul and Pando, the state is home to over 2,700 registered startups. Know the startup story of Tamil Nadu. Click and Read More - From Reel Hero to Real-Life Entrepreneurs in Tamil Nadu
This year (2022), Karnataka has attracted an astounding Rs 1.60 lakh crore in FDI, which is more than half of what flowed into the entire country. Click and Read More - Karnataka Outshines Its Peers At National Startup Awards!
Jammu, Kashmir, and Ladakh offer beautiful landscapes and rich cultural heritage. The Indian government's recent focus on entrepreneurship and innovation has created new opportunities for startups in the region. The Jammu and Kashmir Entrepreneurship Development Institute (JKEDI) provides training, mentorship, funding, and incubation facilities to support entrepreneurs. Notable startups in the region include Yuvraj Agro Tech, Saanjh, Envo, and Campus Live. These and other startups have created jobs and addressed local challenges. With continued government support, more startups are likely to emerge in the future. Read More… How North-East, J&K, and Laddakh are Realising Startup India Mission
Startup India: The Key to India's Growth from Policy to Budget
The Modi government is demonstrating great enthusiasm in advancing the Startup India mission, from the Economic Survey to the Union Budget. Explore the following links to learn more about India's efforts to promote startups. Read More…How Budget 2023-24 Takes The Startup Movement To Towns And Villages
The Startup India initiative launched in 2016 aimed to promote entrepreneurship, innovation, and job creation in India. It has recognized over 50,000 startups in sectors such as healthcare, education, finance, and e-commerce. The initiative has created a supportive ecosystem by launching funding schemes and resources like mentorship. Read More…Boost Fo Innovation, Agritech: How Modi Government Seeks To Boost Startups Through Budget 2023
It has also promoted innovation and helped solve pressing challenges in various sectors. The initiative has been a sweet spot in the Indian economy and a testament to the government's commitment to promoting entrepreneurship and innovation. Read More … 7 Years Of Startup India: A Sweet Spot In The India Economy
How 5G & 6G Technology Will Changes The Future Of The Indian Startup Economy?
In the year 2023, there will be more activities related to the 5G rollout, resulting in deeper penetration of faster internet throughout the country. Read More…How will 5G technology change the Indian Startup Ecosystem?
Reliance Chairman Mukesh Ambani has already made commitments to Uttar Pradesh Chief Minister Yogi Adityanath to connect all 75 districts of Uttar Pradesh with 5G services. This move will unlock significant potential for individuals, professionals, businesses, entrepreneurs, and Startups. Read More…Bharat 6G Vision Document, India Launches 6G R&D Test Bed
The advent of 5G technology presents a significant opportunity for digital health startups. With its high-speed and low-latency capabilities, 5G can support a wide range of innovative digital health solutions that were previously impossible. Read More…5G Key to Unlocking Opportunities For Digital Health Startups
Government Seed Fund Schemes for startups
India's startup story has arguably been one of the most significant economic revolutions in recent memory. It is only through encouraging entrepreneurship and job creation that the country is moving more and more of its population towards the middle and upper-middle class from the lower rungs.
This novel strategic economic approach has already lifted millions of people out of poverty.
It is being achieved through various schemes and policies. The Startup India mission is mainly driven by – the Department of Science and Technology (DST), the All India Council for Technical Education (AICTE), the Ministry of Electronics and Information Technology (MEITY) Atal Innovation Mission (AIM), the Department of Biotechnology (DBT), Department for Promotion of Industry and Internal Trade (DPIIT), etc. Read More…
Incubation centres run by these departments and ministries are helping, guiding, and funding some of the greatest startups in India. Read More…52 Seed Funding Schemes for Startups | Know This
While we talk about the success stories of startups and emerging unicorns, who mostly start with an advantage - getting the right environment to grow, we often miss talking about the disadvantaged startups, who don't get even the basic resources.
DPIIT has recognized 56 startup sectors in India including advertising, agriculture, animation, IT services, human resources, logistics, real estate, sports, technology hardware, toys and games, waste management, and so on. Click and Read More…Which are the Five Most Popular Startup Sectors in India?
What Is Angel Tax & How Can You Save Angel Tax?
Are you a startup and worried about the complex angel tax? Well! Angel tax refers to a tax that was previously levied on the funding received by startups in India. It was introduced to prevent money laundering and to curb the generation of black money in the country. The tax was applicable to the excess amount received by a startup when its shares were issued to investors at a price higher than their fair market value.
But how to can you save angel tax? Click and Read More… How To Save On Angel Tax? Insights from Industry Experts