Benefits available to DIPP recognised Start-Ups
With the Department of Industrial Policy and Promotion (DIPP) relaxing the definition of “Startups” and streamlining the process of recognition of the same, the benefits for such Startups are now both readily and more widely available. Below is a list of the most important benefits provided for Startups by different government agencies. 1. Intellectual Property […]
P2P lending for start-ups
Peer-to-peer lending is a type of financing where an individual/business entities can get a loan from other peers including other businesspeople and investors (not a bank or financial institutions) registered on a P2P platforms. This is also known as P2P lending, crowdlending or social lending. According to Reserve Bank of India, “Peer to Peer (P2P) […]
Myths about lawyers and how start-ups can really work with them
The startup ecosystem is an emerging landscape in India, with more and more people joining the entrepreneurship bandwagon with great ideas, innovative products, and advanced technology. The consumers are ready and willing to embrace new products/technology that add value and provide solutions to their daily requirements, and investors are keen on backing entrepreneurs with such […]
Synopsis of the Draft E-Commerce Policy
The Draft E-Commerce Policy (“Policy”) was released by the Department of Industrial Planning and Promotion on February 23, 2019 for comments and suggestions. The Policy addresses 6 broad issues: (i) data; (ii) infrastructure development; (iii) e-commerce marketplaces; (iv) regulatory issues; (v) stimulating the digital economy and (vi) export promotion through e-commerce. The Policy identifies critical […]