Discover and read the best of Twitter Threads about #startupindia

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Recent Layoffs at Indian Startups

Thread:

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

The Mumbai-based ed-tech startup laid off over 150-200 employees.
Cars24

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

@sanjeevsanyal
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
(1/14)
• 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.
(2/14)
• 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
Well,

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
(2/n)
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:

THE LEGENDARY SECTION 44ADA - A MASTER THREAD.

Presumptive scheme of tax

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

#remotework #44ADA #presumptivetaxation

1/n
Eligible Assessees

Individual, HUF and Partnership resident in India.

2/n
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.

3/n
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
bit.ly/1OFxVcc
#Tweet4Bharat
Read 13 tweets
Business Idea #1: Start Drive-in Cinema.

#COVID19 #StartupIndia
Business Idea #2 : Open Cloud Restaurant Take away with new recruits of Chef, Sourcing and Delivery boys all who have been COVID positive and recovered.

#COVID19 #startupIndia
Business Idea #3 : School Teachers may start individual online Tuition with 1/5th the school fees.

#covid19 #StartupIndia
Read 6 tweets
(1/4) Startups or individuals looking for free cloud credits? Here is the thread in which I have shared some of the top players in cloud services providing free credits to users and startups. This is the time Start Coding. Resources are there.
#startupindia #IndiaPushesBackChina
1. #AWS: Free one year of limited usage for anybody with AWS Free tier. Just create a new account and enter payment details. Free tier includes aws.amazon.com/free/
Also, #awsactivate gives a lot of free credits to startups: aws.amazon.com/activate/
@awscloud @AWSstartups
2. #Azure : Free one year of again the limited usage(including some AI-based services) to anybody, with Rs. 13,300 as free credits:
@Azure @Microsoft @msdevindia #Microsoft
Read 5 tweets
What Startup Business can you work on during #COVID19 ?#StartupIndia #TheStartupCA #Founders #Entrepreneurs #Incubation #Acceleration #startupclub #ikoverk

1. Personnel Protective Equipment Eg: Masks , Face Sheild and other equipments for #CoronaWarriors
@startupindia @DIPPGOI
2. Testing Equipment Eg: Cost-effective thermal scanning devices and rapid diagnostic kits

3. Critical- care equipment Eg portable oxygenators and hospital and home-based ventilators

#StartupIndia #TheStartupCA #Founders #Entrepreneurs #startupclub @startupindia @DIPPGOI
4. Large area sanitization and sterilization
Tunnels for sanitisation, electrostatic spray, coating using nanotechnology on surfaces like glass, ceramic, wood, textile

#StartupIndia #TheStartupCA #Founders #Entrepreneurs #startupclub @startupindia @DIPPGOI
Read 14 tweets
"IAS fraternity" does not understand what API access means. 😏 These kind of people make decisions.
When you don't understand the meaning of "public" but think public transport is their baap ka maal.😏 Taxpayers fund you. Public services should provide APIs so that entrepreneurs can build Apps. Much better than what overpaid "public servants" will build.
The only thing the bureaucracy is good at is CYA—cover your ass. This is why the country cannot move forward. To progress afsar-raj must be dismantled. @narendramodi

Read 6 tweets
🇮🇳 NAMO NAMO🇮🇳
This thread will list down the 75 reasons why everyone should vote for @narendramodi and @BJP4India

Thanks to @muglikar_ and @IndiaPeCharcha for coming up with these brilliant 1 minute videos.

My effort here is to list all the 75 reasons in a single thread
#Reason1 - @BJP4India MPs work for you.

👉 #Attendance #DiscussBills
👉#PassLaw #75ReasonsToVoteForModi #PhirEkBaarModiSarkaar



#1MinuteTalk by @muglikar_ and @IndiaPeCharcha -

@narendramodi
#Reason2 - Electricity for All

👉 100% Rural Electrification #DeendayalGramJyotiYojana
👉 Electrification of 100% households #Saubhagya

@PiyushGoyal @grameenvidyut
@narendramodi

#75ReasonsToVoteForModi #PhirEkBaarModiSarkaar


#1MinuteTalk @muglikar_
Read 76 tweets
1/ Most people have been watching in shock as the story of dreaded #AngelTax reared it's disgusting head. Freezing the accounts of startup @Travelkhana and @babygogo_in has resulted in an uproar across India's startup community, calling for #ShutdownIndia
2/ Though the Central Board of Direct Taxation (CBDT) has released a circular claiming that the officer in charge of this particular case did everything by the book. Founder of @Travelkhana, @pushpinder has disputed the story, claiming the officer rushed the case through.
3/ Regardless whether the case was rushed through or not, is almost irrelevant because in any logical, normal universe, the case shouldn't exist at all. Period!
Read 10 tweets
Let's recap
PM @narendramodi Lal Qila/RedFort speeches 2014-2017
Promises V/S delivery... #IndependenceDayIndia
Thread below..
Bank account for every citizen of the country.. #JanDhanAccounts #IndependenceDayIndia
Initiative of ensuring safety, dignity and equality for all girl students. - #CleanIndia #SwachhBharat #IndependenceDayIndia
Read 13 tweets

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