Entrackr- Startup Funding India - PowerPoint PPT Presentation

About This Presentation
Title:

Entrackr- Startup Funding India

Description:

Know from the insights of successful startup funding stories exclusively on Entrackr. While India is on the verge of the world to witness the increasing number of startups, Learn more on entrepreneurs who are successful in securing funds for their business growth. – PowerPoint PPT presentation

Number of Views:48
Slides: 7
Provided by: EntrackrNews
Category:

less

Transcript and Presenter's Notes

Title: Entrackr- Startup Funding India


1
Entrackr
  • Get Best News Updates

2
2020 Union Budget Govt To Organise Seed Fund To
Boost Startup In India
  • Introducing the first budget of the new decade,
    Indian finance minister Nirmala Sitharaman talked
    about Startup Funding India while calling on
    Indian entrepreneurs and stated that
    entrepreneurship has forever been the backbone of
    India and introduced a seed fund.In the second
    part of the governments program for 2020 in the
    union budget, while addressing the Government
    Funding for Startups in India, the minister
    announced the strategies to set up a seed fund
    for entrepreneurs.

3
(No Transcript)
4
Currently, there are in total of 416 venture funds
  • The marquee VC funds such as Sequoia Capital
    India, Nexus Venture Partners, Tiger Global
    Management, Blume Ventures, amidst others are
    previously working in correspondence with angel
    networks, HNIs and corporate investors and
    aggressively working towards bridging the rift
    between early-and late-stage ecosystems.
  • In the year 2019, the seed stage funding
    persisted to fall. With 252 Million in funding,
    the seed- stage venture value fell by 44
    (compared to 2018). Talking about early-stage
    seed funding, the Indian startup ecosystem is
    running through a slowdown.

5
The current working government has boasted
regarding establishing an INR 20K Crore
  • Even though the market is quite positive
    about Government Funding for Startups in
    India but it will be great to see whether this
    new recommended seed fund will help the
    early-stage ecosystem or will it remains to be
    the same?Nirmala Sitaraman also invited all the
    infrastructure agencies of the government to
    include startups as they will aid in rolling out
    value-added services in quality public
    infrastructure for taxpayers. The finance
    minister has suggested easing of tax payments for
    startups - a decision that was welcomed by
    aspiring entrepreneurs

6
Thanks For watching us
  • For more information visit our online portal
    https//entrackr.com/
  • Contact us on 9650180903
  • Email us on entrackrnews_at_gmail.com
Write a Comment
User Comments (0)
About PowerShow.com