Discover and read the best of Twitter Threads about #startupindia

Most recents (24)

Unlock the Vault: 🗝️
Hidden Tax Benefits for Indian Startups to Boost Growth 🇮🇳🚀

Namaste! 🙏
Many Indian startups overlook valuable tax benefits as per the Indian Income Tax Act and other relevant acts, leaving lakhs or even crores of rupees unclaimed. 💰📉
Example 1: R&D tax benefits (Section 35 of Income Tax Act) 🧪🔬

Innovative Indian startups can claim tax deductions for their research and development activities, allowing them to reinvest in their business and accelerate growth. 💡🚀
Example 2: Carry forward losses (Section 72 of Income Tax Act) 💼📈

Don't let initial business losses hold you back!

Carry forward those losses for up to 8 years to offset future profits, easing the burden during expansion and growth phases. 🌱📊
Read 7 tweets
Have a startup idea ?

Understand how good it is using Y combinator method.
Startup School instructor Dalton talks about how to get and evaluate startup ideas.

If you want to work on a startup idea, Google is a great resource.

Step 1 - figure out if the idea has founder market fit, and if so, how big the market is, and see if you have competition.
He explains:
Ideas can be judged on their potential to solve a problem, their ability to be scalable, and their potential for founder market fit.

Also, notes that good idea spaces tend to have high hit rates for new startup.
Read 9 tweets
🚨"Rapido has been a topic of much discussion in recent months, with some state governments even taking steps to ban them."

"Rapido has seen a significant 92% increase in its revenue"🚀

Let's Understand Rapido's Business Model in this 🧵

#startupindia #startuplife #startups
1) What is the primary business or services offered by the Rapido company?

"Rapido is a company that helps you get a ride on a two-wheeled or three-wheeled vehicle quickly.

They also help other companies like Swiggy get their things delivered."
2) Who founded Rapido?

"The company was started in 2015 by three friends, two of them from IIT and one from PESU. Their names are Aravind Sanka, Pavan Guntupalli, and SR Rishikesh."
Read 8 tweets
#India's #startup ecosystem raised $455 million across 24 deals last week (Jan.16-21,'23) with #fintech #unicorn PhonePe turning decacorn at $12 billion valuation.
#StartupIndia #DigitalIndia #VentureCapital #funding #Entrepreneurship #innovation #Motivation #prosunjoyi #Thread Image
#India's #startup ecosystem raised $126 million off 16 deals last week (Jan.23-28,'23) across #cybersecurity, #deeptech, #energy, #gaming, #logistics, #SaaS, etc. with total #funding for Jan.'23 crossing $1 billion. #StartupIndia #DigitalIndia #VentureCapital #inspiration #Thread India's startup ecosystem's funding round up for the last week and also for the January month + an inspirational quote stating that your present circumstances don't determine where you can go; they merely determine where you start.
#India's #startup ecosystem raised $49 million off 12 deals last week (Jan.30-Feb.4,'23) across #EVs, #freight, #manufacturing, etc. #StartupIndia #DigitalIndia #VentureCapital #leadership #founders #Entrepreneurship #MondayMotivation #inspiration #innovation #prosunjoyi #Thread Image
Read 44 tweets
"One of the sharks asked me why I looked so happy. People with disabilities are portrayed as sad and depressed. My episode bust these stereotypes. ⁠

#Entrepreneurs #StartupIndia #InclusiveIndia #SharkTank
You might develop new stereotypes after watching that episode that people with disabilities are strong, opinionated, full of confidence, and with hard work, they can triumph over all adversities. ⁠
This story is about celebrating inclusion in a very true sense, says #VineetSaraiwala, who runs #AtypicalAdvantage -- which claims to be India’s largest #inclusive #employment platform for people with disabilities across India.⁠
Read 5 tweets
From making pesticide-free vegetables accessible to reimagining critical care through Tele-ICUs, these amazing #startups are helping India move towards a #better life.⁠

#MakeInIndia #Entrepreneurs #StartupIndia #Founders #Innovation #BestOf2022 #YearEnder #TopList
Read 10 tweets
தரவுகளே இல்லாமல் அரசு நடவடிக்கை எப்படி எடுக்கும்! ஐடி ஊழியர்கள் குறித்தும் தரவுகள் இல்லை, ஸ்டார்ட்அப் நிறுவனங்களின் வீழ்ச்சி குறித்து தரவுகள் இல்லை!

ராஜ்யசபாவில் நாடாளுமன்ற உறுப்பினர் @AARahimdyfi (CPIM) அவர்கள் சமீபகாலத்தில் நிகழ்ந்து வரும் IT துறை ஆட்குறைப்பு,1/5 #Parliament
பணிநீக்கத்தை தடுக்க கேரளா மாநில இடது ஜனநாயக முன்னணி அரசின் செயல்களை சுட்டிகாட்டி இது போன்று மத்திய அரசு என்ன நடவடிக்கை எடுத்துள்ளது, மேலும் இது குறித்தான தரவுகள் மத்திய அரசிடம் உள்ளதா என்ற கேள்வியை எழுப்பினார். 2/5 #ParliamentWinterSession #ParliamentQuestion #ParliamentofIndia
இதற்கு பதிலளித்த தொழிலாளர் மற்றும் வேலைவாய்ப்பு அமைச்சர் தொழில் தகராறு சட்டத்தின் விதிகளின்படி மேற்கொள்ளப்படாவிட்டால், எந்தவொரு ஆட்குறைப்பு மற்றும் பணிநீக்கங்கள் சட்டவிரோதமானது என்று கருதப்படும் என்றார். 3/5 #ParliamentDebate #parliamentpass Image
Read 5 tweets
We had seen WalMart acquiring 77% of Flipkart shares for $16 Billion despite the company suffering losses of $20 Billion FYI 2017-18

Despite having a profit of $2.5 Billion each year, Prosus/PayU withdraws its $4.7 billion deal to acquire India's BillDesk
Industry estimates indicate that BillDesk holds between 25 and 30 percent of the market for online payment aggregators

While PayU is the third-largest player in India with a market share of between 10 and 15 percent 2/6
#startupindia #startups #acquisitions
#BillDesk:Government as well as the Banking, Financial Services, and Insurance (BFSI) sectors are strongholds for BillDesk.

While many internet businesses prefer PayU as their preferred payment gateway. 3/6

#startupindia #startups #acquisitions #startupnews
Read 7 tweets
The Secrets Behind @CRED_club Becoming A Unicorn In Just 3 Years 🦄

#StartupIndia #success #inspirational
Have you seen the ironic and random CRED ads on TV, featuring celebrities like Kumar Sanu and Neeraj Chopra? These ads gained immense popularity and have made CRED a well-known app for everyone. In fact, 52.3% of its expenses go just toward its advertising!
In just 3 years, the company entered the Unicorn Club and reported a revenue of ₹95.53 crores in FY21. This kind of exponential growth can be better understood by analysing CRED's business model.
Read 15 tweets
1/n रिलायंस इंडस्ट्रीज लिमिटेड (आरआईएल) की 45वीं वार्षिक आम सभा (AGM) के मुख्य बिंदु
2/n रिलायंस इंडस्ट्रीज लिमिटेड के चेयरमैन एवं प्रबंध निदेशक श्री मुकेश अंबानी ने कंपनी की 45वीं वार्षिक आम सभा (AGM) में सभी शेयरधारकों का स्वागत किया
3/n मुझे, हमारी व्यक्तिगत बातचीत और हमारा गर्मजोशी से मिलना याद आता है। मुझे पूरी उम्मीद है कि अगले साल हम एक हाइब्रिड मोड पर मिलेंगे, जो भौतिक और डिजिटल दोनों तरीकों का एक संयोजन होगा: मुकेश अंबानी
Read 73 tweets
1/n 45th Annual General Meeting (Post-IPO) of Reliance Industries Limited (RIL) begins…
2/n Shri Mukesh Ambani, Chairman and Managing Director, Reliance Industries Limited, welcomes all the shareholders to the company’s 45th Annual General Meeting
3/n I miss the warmth and bonhomie of our personal interactions. I sincerely hope that next year, we will be able to switch to a hybrid mode, which will combine the best of both physical and digital modes: Mukesh Ambani
Read 80 tweets
Recent Layoffs at Indian Startups


#layoffs #StartupIndia #ecommerce #economy #startups
Lido Learning

The Mumbai-based ed-tech startup laid off over 150-200 employees.

Used car marketplace fired around 600 employees.
Read 10 tweets
Books every Entrepreneur, Founder, and Angel Investor should read this weekend.
A thread 🧵
(I) High Growth Handbook: Scaling Startups From 10 to 10,000 People by Elad Gil

Recommendation from Peter D. Spradling, Co-Founder & COO at Marco

“The bible for early stage companies.” High Growth Handbook:  “The bible for early stage companie
(II) Start With Why by Simon Sinek

Recommendation from Noah Shapiro, Co-Founder at Boober

“A great framework for staying grounded in the unique reason you created your business and maintaining inspiration throughout the journey.”
Read 7 tweets
Table 5 of the Economic Survey lays out in detail all the welfare measures taken through the Covid crisis, along with the results thereof. #EconomicSurvey2022

This has been India's approach, all through the pandemic. Strong safety nets targeted (thanks to @UIDAI and @India_Stack) at those who need it most, and an iterative approach that adapts to evolving situations.
Macro is strong and stable - even if global conditions worsen from here, India is in a good position to weather storms. #EconomicSurvey2022
Read 18 tweets
#EconomicSurvey2022 #UnionBudget2022

Changing mix of stimulus measures by government.
#EconomicSurvey2022 #UnionBudget

Direct and indirect tax revenue trends
#EconomicSurvey2022 #UnionBudget

GST average collection improves
Read 27 tweets
Let's Get Started!

Today we bring you the Story and Financials of MAMAEARTH.
India's first Unicorn of 2022.

A Thread below🧵🧵🧵👇🏻
#startupindia #investing Image
• Mamaearth is the 1st Asian Brand with a "MADE SAFE" certification.

• It's founders, Ghazal Alagh and Varun Alagh incorporated Honasa
Consumer Private Limited in 2016 and then went on to launch the
Mamaearth in December that year.

•It is Headquartered in Gurugram.
• Idea behind the Brand:

When the founders were expecting their first child, they realized that the baby care products they came across contained harmful toxins and safer alternatives weren't available.
Read 15 tweets
It is the National Startup Day🇮🇳

And We have some strong numbers for you to see!

So here is a Thread on the Indian Tech Startup that you must read! 🧵🧵👇🏻

#startupindia #investing
@caniravkaria Image
Some Facts and Figures to start with: Image
A Snapshot of the Startup Ecosystem of India:

• 57,000 Startups launched so far
• $112Bn Funds Raised between 2014-2021
• 85 Startups are Unicorns
• 4,413 Startups are Funded
• $283Bn+ is the combined value of Indian Unicorns
• 919 M&As recorded between 2014-21
Read 13 tweets
India had 43 unicorns in 2021 alone!!
Total unicorns in India is now at 83.

The Indian startup ecosystem is on 🔥.
#NationalStartupDay #StartupIndia

🧵Here's why India is the best country for entrepreneurs right now:
Why India?

1. India is the fastest growing economy in the world.

Acc to BCG, India is expected to be the 3rd largest consumer economy by 2025.

Indian middle class is >350Mn people & it drives consumer spending.

B2C unicorns (27) are ~double the number of B2B unicorns.
2. India is the 3rd largest startup ecosystem in the world.

A massive high-potential ecosystem of science, technology & innovation!

India added 43 unicorns in 2021 alone, another ~40 expected in 2022!

Bengaluru in top 20 Global Start-up Ecosystems & Delhi in top 40.
Read 12 tweets

CA Se Door Raho -

CA Ko Nikal Do -

But this is how me as a CA as well as other CA/CS around me have added value to #Startups and #Angel #Investment
#SharkTankIndia #startupindia #SharkTank ( 1/n )

@namitathapar @amangupta0303 @Ashneer_Grover @peyushbansal @vineetasng
Angel Investors commit to invest in Startups without having any knowledge that there is a deemed "Angel tax" on premium paid on equity u/s 56(2)(viib)

I have saved 200 Cr+ on tax on such hasty decisions taken by #Investors by applying for #Angeltax exemption #startupindia
The Deal by #Sharks is followed by Term Sheet and Share Holders Agreement

As a CA/CS our role is to educate the #Startup #Founder about the clauses like Buy Back, Drag along , Anti-Dilution and Liquidation preference

#SharkTankIndia #SharkTankIndiaOnSonyTV
Read 6 tweets
Interestingly, 8 out of 10 biggest VC funding rounds that happened in 2021 in the USA were neither e-commerce nor any of mainstream domains like D2C, Gaming, FinTech, Social, Crypto, Real Estate, etc.

Then what were those themes? 🤔
Main themes have been around cleantech, space-tech, Bio-tech, EVs, security, energy etc

To give some estimation, market size in USA:
- Cybersecurity ~ $156B(2020)
- Space Tech ~ $ 558B(by 2026)
- Clean Tech ~ $83B(in 2020)
- Biotech ~ $141B(in 2022)
- EVs ~ $208B(as of 2021)
To see if from India perspective,
- Cyber security ~ $3.05B(by 2022) but growing at a CAGR of 15.6%, almost 1.5x the global rate.
- Biotechnology ~ $63B(In 2019) with a CAGR of 16.4%.
- EVs ~ $152B(by 2030) The market is expected to expand at a CAGR of 94.4% from 2021 to 2030.
Read 7 tweets
Let's continue:


Presumptive scheme of tax

Under the presumptive scheme of taxation, profits are presumed at 50% of the gross receipts.

#remotework #44ADA #presumptivetaxation

Eligible Assessees

Individual, HUF and Partnership resident in India.

Turnover Limit & Eligible professions

Professionals mentioned below, whose total gross receipts are less than INR 50 lakh in a year can avail benefit of the presumptive taxation scheme.

Read 17 tweets
✳ Some Of The Key Achievements Of
@narendramodi Led NDA Government For Last 7 Years: Part I
1. Strengthened Economy
2. Improved International Relations
3. Change In Attitude On International Issues
4. Increased Internal Security
5. A Government With A Clean Image
6. #BannedTripleTalaq
7. #RemovedArticle370
8. #RemovedArticle35A
9. #SurgicalStrike On Pakistan Terror Camps Along LOC On Night Of 28-29 October 2016
10. #PreemptiveStrikeOnBalakot Terrorist Camps Crossing The LOC On 26th February 2019 Killing Estimated 300 Terrorists
11. Secured Release Of Indian Air Force Pilot Wing Commander Abhinandan Varthaman Who Took Down Advanced Pakistani F16 Fighter Aircraft With His MIG21 Aircraft;Ejected In Pakistan Territory;Was Captured;Forced By Narendra Modi Government To Release In 48 Hrs;Returned In 60 Hrs✌🏽
Read 26 tweets
A thread dedicated to Mr. Shripal Morakhia, the great organization built by him and importance of timing in success of an Organisation.
Working closely with Mr. Morakhia in the rescue efforts of Smaash I am deeply saddened seeing the death of this great indian Startup. #Smaash
Shripal started his career as EA to president at New York stock exchange. Post which he came back to India and started SSKI in late 90s. He was the entrepreneur who set up the first home grown investment bank franchise and sold it to IDFC in 2007 to IDFC at around INR 6500 Mn.
Parallely he also was working on one other revolutionary business idea of that time, setting up the first digital broking house of India, Sharekhan leveraging the new security demat process in India. He sold Sharekhan to CitiVenture at INR 5000 Mn in 2007.
Read 20 tweets
1/n The foundation of #सामाजिकन्याय is based on the urge to treat all human beings as equal. #Tweet4Bharat

Img src : vocal
2/n The Nyāya Sūtras of Gotama focusing on knowledge and logic devided in five books.
1 - 16 categories of..
2 - Means & Object of..
3 - Intellect or Nature of..
4 - Rise of true..
5 - Balancing of Knowledge
Read 13 tweets

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