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The story of a startup born in the middle of a pandemic and how it got its first cheque from 100X.VC

The story of a startup born in the middle of a pandemic and how it got its first cheque from 100X.VC
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Budget 2021: Here's the number of times 'startup' was mentioned in India's first ever digital budget

startups.
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The finance minister proposed to extend the eligibility of tax holiday for startups by one more year. “In order to
incentivise startups in the country, I propose to extend the eligibility for claiming tax holiday for startups by one more year - till March 31, 2022. Further, in order to incentivise funding of the startups, I propose to extend the capital gains exemption for investment in startups by one more year - till March 31, 2022, she said.
Lauding the the move, fintech startup, Junio s Co-founder, Ankit Gera, said, “The extension of tax holidays for start-ups and capital gains will also ....

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Union Budget 2021: Facilitation of collateral-free capital, ease of compliances key for economy

The pandemic has impacted all sectors and most of them are now limping back to normalcy
FP Staff
January 31, 2021 23:35:40 IST
Funding fintechs. Image courtesy CNBC-TV18
Ahead of Union Budget 2021, entrepreneurs across sectors said they believe this is an opportune time for the government to try to rationalise GST rates, compliance processes, FDI policies and ride the buoyancy revenue curves to make it a win-win situation. The pandemic has impacted all sectors and most of them are now limping back to normalcy. In these trying times, backed by government measures and reforms, entrepreneurs shared their concerns and suggested ways to Firstpost about how Budget 2021 could help them get back to their feet sooner. ....

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Budget 2021: Startup investors seek GST reform, edtech sops, easier FDI rules

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As COVID-19 upended businesses worldwide in 2020, Indian startups were not spared. Investments shrank and many resorted to layoffs, furloughs and pay cuts to keep their businesses afloat.
With just over a week to go for the Union Budget, the startup ecosystem expects Finance Minister Nirmala Sitharaman will take steps to reduce taxes and ease regulations to encourage foreign investments, while giving sunshine sectors such as edtech a further boost.
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GST rate cuts
Some investors say the Budget should boost consumption that took a beating as restaurants, shopping malls and theatres, among other businesses, remained hit by COVID-19 restrictions for most of last year. ....

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