India Startups

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7 Mistakes For Startups And MSMEs To Avoid Under The GST Regime

In this post, we will discuss the impact of GST on small businesses and startups with a turnover of up to ₹50 lakh. Now, the GST has a concept of “composition scheme”, where one has to pay tax @1 or 2% on the total turnover with fewer compliances. However, this system is full of technical traps, and believe me, even a small mistake can cost you lakhs of rupees in penalties.
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Magic Makes The Math Work: Your Product Is Your Business Model

We recently came across a question that asked if an entrepreneur should focus on their product or business model. At first glance, it seemed to be a very "chicken or egg” kind of question. However, after thinking about this for a while it became apparent that the product and business model are not distinct aspects of a company, but share a Yin and Yang relationship.
Vishal Gondal

13 Ways How Trekking To Everest Base Camp Is Like Running A Start-Up

I was riveted by stories about the Everest and the trek to its base camp (EBC) since my childhood and now here I was, standing under the intimidating peak, marvelling at its beauty. On the last day of our trek as the GOQii Titans, as we conquered physical, emotional and intellectual obstacles, I could not help but see the similarity between the climb and the entrepreneurial journey that we undertake on a day-to-day basis in our unending quest to reinvent ourselves and be the best in what we do.
Grant Faint via Getty Images

Startup India: A State By State Review

In order to provide an impetus to the Indian entrepreneurial landscape, the government launched the "Startup India, Standup India" campaign on 16 January, 2016. The initiative aims to set up a network of startups and provide a new dimension to entrepreneurship in the country. Meanwhile, Swaniti Initiative, a non-profit organisation working on data insights, took a closer look at state-level performance on startup friendly policies, examining different variables that are important for businesses. Here are some findings.
Visage via Getty Images

Here's Why India Really Does Have What It Takes To Become The World's E-Commerce Capital

I recently read an article describing India's unprecedented e-commerce growth as a "primed-up athlete finally hitting his full stride." But is India sitting on the cusp of an e-commerce bubble or will the growth multiply? If the truth be told, e-commerce has been booming for the past 15 years, but the ecosystem has only now started to fall in place - and this can be substantiated by the following factors.

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