The PM said that 2022 has brought more new opportunities for India's start-up sector and organizing of Start-Up India Innovation Week is also important in the 75th year of India's independence.
The Congress, which is weak at its own turf after lone Congress MLA Aditi Singh left to join BJP, has no legislative assembly member in both Lok Sabha seats as both the MLAs elected on Congress ticket in Rai Bareli have shifted to the BJP.
The government on Wednesday launched a programme to support 300 IT start-ups under which it will provide seed funding, mentorship and market access with a view to creating 100 unicorns out of the selected start-ups.
The smart document and eSignature solution provider has registered a 400% increase in client portfolio, including leading entities such as Apollo Hospitals and BITS Pilani.
From incentives to subsidies and tax cuts and other benefits, the startup industry wants from the Modi government to announce measures that translates into profits in the coming years.
Facebook-owned WhatsApp on Monday announced to invest $250,000 worth ad credits into the Indian startup ecosystem to help entrepreneurs better connect with customers and grow businesses. The investment will provide 500 startups approved by the Department of Industrial Policy and Promotion (DPIIT) with $500 each of Facebook ad credits.
The total funding received by start-ups in 2019 stood at $4.4 billion, said the report, adding that total investment in the start-up ecosystem increased by 16 per cent year-on-year in 2019.
The Unicef Executive Director Henrietta Holsman Fore told IANS in an interview that the 'Skill India' and 'Start-up India' programmes "are doing fantastic". Unicef on its part would ensure that these schemes get connected well with the youth and a good private and public sector connect is managed to achieve the targets set by these schemes, she said
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