In the last few decades, India is witnessing a rise in the entrepreneurial spirit. Today, India is at the threshold of a start-up boom and is the world’s third fastest-growing start-up ecosystem.
The Government of India (the GOI) is actively endorsing start-ups to build a strong eco-system for nurturing innovation in the country that will drive sustainable economic growth and generate large-scale employment opportunities through the start-up India Action Plan in 2016. Under this action plan, the start-ups recognized by the Department for Promotion of Industry and Internal Trade (DPIIT) shall be eligible for various benefits, monetary and otherwise.
Our team at SimplyBiz has assisted various starts which met the eligibility criteria to apply & obtain start-up recognition from the DPIIT. We have also helped start-ups apply for exemptions under the Income Tax Act. We have also advised start-ups to avail of funding in the form of Convertible Notes & iSafe Notes which are one of the most trending fundraising options. Our team has considerable experience in dealing with Start-up Founders. We can hand hold them at the very stage and help the start-ups avail of various benefits.
