Tax benefits for startups with less than Rs10 crore funding
Mint » Angel Investors
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3w ago
Tax benefits for startups with less than Rs10 crore funding An angel investor picking up stakes in a startup should have a minimum net worth of Rs2 crore or should have an average returned income of over Rs25 lakh in the preceding three financial years ..read more
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Ed-tech firm Unacademy raises $21 million from Sequoia, SAIF, Nexus and others
Mint » Angel Investors
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3w ago
Ed-tech firm Unacademy raises $21 million from Sequoia, SAIF, Nexus and others Unacademy plans to utilize the capital to get 10,000 educators on board monthly (from the present 3,000), grow its team and invest heavily in technology ..read more
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Startup investments: Angel investors seek more sops from DIPP
Mint » Angel Investors
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3w ago
Startup investments: Angel investors seek more sops from DIPP Angel investors are seeking a further relaxation in rules to alleviate the impact of the angel tax on startups even as uncertainty prevails over what would be construed a fair valuation ..read more
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Why Zoomcar is in Siddharth Ladsariya’s anti-portfolio
Mint » Angel Investors
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3w ago
Why Zoomcar is in Siddharth Ladsariya’s anti-portfolio Angel investor Siddharth Ladsariya wasn't confident of the potential of self-driving car rental in India and thus chose not to invest in Zoomcar ..read more
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Why CleverTap is in angel investor Sanjay Mehta’s anti-portfolio
Mint » Angel Investors
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3w ago
Why CleverTap is in angel investor Sanjay Mehta’s anti-portfolio Losing out on Wizrocket aka CleverTap is a $100 million lesson, says angel investor Sanjay Mehta ..read more
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Startups get relief on angel tax
Mint » Angel Investors
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3w ago
Startups get relief on angel tax The government has eased for startups the process to seek tax exemptions on angel investments ..read more
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Angel tax issue: DIPP to hold discussions with start-ups on 4 Feb
Mint » Angel Investors
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3w ago
Angel tax issue: DIPP to hold discussions with start-ups on 4 Feb The govt launched the Startup India initiative in January 2016 to build a strong ecosystem for nurturing innovation and entrepreneurshipSince April 2018, only two start-ups have got these exemptions. Normally, about 300-400 start-ups get angel funding every year ..read more
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Government forms panel to solve angel tax issue
Mint » Angel Investors
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3w ago
Government forms panel to solve angel tax issue The panel formed by the govt will comprise startups, angel investors and income tax officials Tax officials prefer to value these enterprises on the basis of their net asset value, but companies tend to be valued on the basis of their earnings potential ..read more
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How to fund your start-up dream
Mint » Angel Investors
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3w ago
How to fund your start-up dream Although there are many options for funding, always have a strategy to repay the moneyAccording to Nasscom report, India will be home to 10,500 start-ups by 2020 ..read more
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