India Digest: Accel selects startups for Atoms programme; Capital A floats cleantech fund
Accel's second cohort will begin in April, applications for which will be accepted will March 15.
Source: dealstreetasia.com
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Capital A launches $10 mn cleantech fund, Evolve; to boost EV ecosystem
Capital A launches $10 mn cleantech fund, Evolve; to boost EV ecosystem
Source: freepressjournal.in
Capital A Launches $10 Mn Cleantech Fund For Indian EV Ecosystem
Ankit Kedia’s Capital A has announced the launch of ‘Evolve’, a $10 Mn (INR 75 crore) cleantech fund aimed at furthering the EV ecosystem.
Source: inc42.com
India: Tax incentive for startups increased by one year, says FM Sitharaman
“Startups have emerged as drivers of growth for our economy,” said Sitharaman, highlighting the record funding that the sector received from PE and VC investors in 2021.
Source: dealstreetasia.com
Budget 2022: How 99% of start-ups will miss the tax benefits bus
Despite the extension of tax holidays to start-ups by one more year till March 2023 as announced by the Union Finance Minister, Nirmala Sitharaman, nearly 99 per cent of the start-ups may not be eligible to avail the benefits.
Source: businesstoday.in