SAJJAD HUSSAIN via Getty Images
The mutual benefits are many.
Startups do a great service by taking the risk of setting up a business that generates employment and revenue for the nation. They improve the overall efficiency of the ecosystem by finding novel solu...
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.
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.
yuoak via Getty Images
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.
retrorocket via Getty Images
In real life where we all dwell, the honeymoon gets over much too soon. That's when the (sometimes unreasonable) demands take over and you know it's time to wake up and smell the Kool Aid. You start questioning every choice you've made and wonder if karma's getting back at you for dropping your brother on his head while he was a baby.
linetic via Getty Images
There's been a lot of gossip and rumours swirling around the recent firing of hundreds of employees of promising start-ups such as Food Panda, Housing.com and CommonFloor. Hundreds and thousands of jobs have been created and then eliminated in a matter of months. Why? Is this simply part and parcel of the evolution of the start-up economy? Or is there more than meets the eye?
Ezra Bailey via Getty Images
In addition to being the world's fastest growing economy, India also offers the fourth largest ecosystem for start-ups, driven by an extremely young, diverse and inclusive entrepreneurial landscape. I firmly believe that India is going to be revolutionized by the DICE (Design, Innovation, Creativity, Enterprise)-led entrepreneurial economy.
Grant Faint via Getty Images
By acknowledging and addressing the major issues hampering productivity and efficiency, the Budget has the potential to accelerate the success of Indian entrepreneurs. Indian start-ups are calling, and I hope the government is listening.
kupbur via Getty Images
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
The Indian start-up ecosystem has had its share of innovative successes. But there is a category of companies that has remained elusive. We don't have anything that can compete with Facebook, LinkedIn or Twitter. What's common across these three, other than the fact that they have been the most impactful companies in the last decade? They are all driven by communities.
Justin Sullivan via Getty Images
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.
PUNIT PARANJPE via Getty Images
Funds are not a problem if you are a Indian startup providing local utility services such as electricians, plumbers and personal tutors. The latest to raise funds is UrbanClap, a mobile-only local se...
This might just be the best time for startups in India. The Securities and Exchange Board of India, the nation's stock market regulator, said Tuesday that startups will have a separate trading platfo...