Ajay Rao’s Post

#Emizainnews - Inc42 Media’s article on “Budget 2024: Logistics Startups Banking On Infrastructure Push To Power Growth” features Mr.Ajay Rao Discussing his expectations on the upcoming Union Budget 2024, the article features views from our founder and CEO Mr. Ajay Rao- “The logistics sector would greatly benefit from enhanced connectivity of railways, roads, and ports. Prioritising infrastructural development can reduce logistic costs, improve supply chain efficiency, and foster economic growth by establishing robust and integrated transport networks”. Read the full article https://lnkd.in/dv5yWAvv #emizaimpact #logistics #supplychain #growth #letsbuildtogether #unionbudget2024 #supplychaintitans #letsbuildtogether

🚀 Highlights of the 2024 Union Budget by Finance Minister Nirmala Sitharaman! 🌟 This year's budget focuses on boosting spacetech startups, abolishing angel tax, streamlining LTCG tax, enhancing infrastructure, and increasing the budget for the Ministry of Electronics and IT. Discover the full details and how these changes will impact economic growth and innovation. Read more on our blog: [https://lnkd.in/g3eY4un4] #UnionBudget2024 #EconomicGrowth #Innovation #Startups #Infrastructure #TechLeadership

Exploring Startup Funding Opportunities Under the New Labour Party Manifesto The latest article on our BSO-FINTAX blog delves into the potential changes and opportunities for startup funding in light of proposals by the Labour Party. With a focus on enhancing support for burgeoning businesses, the manifesto could reshape the landscape for entrepreneurs and investors alike. Key insights include: Proposed adjustments to funding mechanisms. How these changes aim to foster innovation and economic growth. Understanding these potential shifts is crucial for startups looking to navigate the evolving political and economic environment. Read more about how these developments could affect your business and investment strategy: https://lnkd.in/e3uZnk99

𝗧𝗵𝗲 𝗨𝗻𝗶𝗼𝗻 𝗕𝘂𝗱𝗴𝗲𝘁 𝟮𝟬𝟮𝟰 𝗽𝗿𝗲𝘀𝗲𝗻𝘁𝘀 𝗲𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁𝘀 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗿𝗲𝗰𝗿𝘂𝗶𝘁𝗺𝗲𝗻𝘁 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆. The focus on skilling and job creation, along with supportive measures for MSMEs and manufacturing, indicates a positive shift in the job market. These advancements could lead to a surge in employment opportunities and a more skilled workforce. How do you see these changes influencing the recruitment sector and job market dynamics? #budget #trending #nirmalasitharaman #recruitment #recrutory #employment #jobmarket #msme #startups

This new funding would help Scottish Enterprise, Highlands and Islands Enterprise and South of Scotland Enterprise deliver support for businesses to start and scale up, boost productivity, access funding and attract investment. It will also support emerging tech including artificial intelligence (AI) and robotics, and programmes like the Techscaler initiative. #Scotland #Startups #Scaling-up #Grants

Here is our take on the biggest announcements from Union Budget 2024 and what they mean for the startup ecosystem👇 🔸 𝗠𝗶𝘅𝗲𝗱 𝗕𝗮𝗴 𝗙𝗼𝗿 𝗧𝗮𝘅𝗲𝘀: While startups will welcome the abolishment of angel tax (with the exception of pending cases), individuals and investment tech platforms are bemoaning the higher capital gains taxes. 🔸 𝗛𝘂𝗴𝗲 𝗙𝗼𝗰𝘂𝘀 𝗢𝗻 𝗦𝗸𝗶𝗹𝗹𝗶𝗻𝗴, 𝗘𝗺𝗽𝗹𝗼𝘆𝗺𝗲𝗻𝘁: Job-creation measures along with PLI schemes will encourage investments in large-scale formal sector employers, particularly manufacturing companies. 🔸𝗔𝗻𝗼𝘁𝗵𝗲𝗿 𝗕𝗼𝗼𝘀𝘁 𝗙𝗼𝗿 𝗦𝗽𝗮𝗰𝗲 𝗘𝗰𝗼𝗻𝗼𝗺𝘆: The dedicated fund will lift spacetech manufacturing and applications testbeds, giving startups a go-to-market boost. 🔸 𝗙𝘂𝗲𝗹𝗹𝗶𝗻𝗴 𝗠𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗶𝗻𝗴 𝗚𝗿𝗼𝘄𝘁𝗵: These changes are expected to spur the manufacturing industry in a major way by reducing cost of raw materials and finished goods in the domestic market 🔸 𝗖𝗿𝗲𝗱𝗶𝘁 𝗣𝘂𝘀𝗵 𝗙𝗼𝗿 𝗠𝗦𝗠𝗘𝘀: Credit-friendly policies will fuel GDP contribution of the critical MSME sector, and make them investible in the long run 🔸 𝗘𝗻𝗮𝗯𝗹𝗶𝗻𝗴 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀, 𝗜𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲: While relatively small in nature, these measures will be vital for modernising key sectors. #Budget4Startups #UnionBudget2024 #startups #trending #taxation

#News | DPIIT recommends removing the controversial angel tax for startups ahead of the Union Budget. "We've suggested this based on consultations with the startup ecosystem," says DPIIT Secretary Rajesh Singh. Note: These recommendations are not binding on the government. #RealtyNXT #StartupIndia #AngelTax #UnionBudget #Innovation #DPIIT

Should Construction Tech Startups Avoid General Contractor (GC) Investments? Not So Fast. In the world of construction tech startups, the question of whether to accept investment from General Contractors (GCs) is a hotly debated topic. What Are General Contractors (GCs)? General contractors are the firms responsible for managing construction projects from start to finish. They coordinate the many moving parts, including subcontractors, materials, timelines, and budgets, to ensure a project is completed on time and within scope. In essence, they’re the backbone of the construction process. The Risks of GC Investment - Misaligned Incentives: A GC may push for product improvements that primarily benefit their projects rather than the broader market. - Exclusivity Risk: Other GCs might be hesitant to adopt your solution if it’s tied too closely to a competitor. - Limited Vision: You risk becoming a tool tailored to one firm instead of building a solution for the entire industry. These are real risks, and they deserve careful consideration. Why GC Investment Can Still Be a Smart Move - Real-World Testing Grounds: GCs offer access to active job sites, where startups can test their technology, gather feedback, and iterate rapidly. This hands-on experience can help refine your solution and demonstrate its value in real-world conditions. - Market Credibility: A partnership with a respected GC can act as a stamp of approval for your product. The construction industry thrives on trust, and having a GC in your corner can open doors to subcontractors, suppliers, and even other GCs. - Strategic Structuring Avoids Exclusivity: Not all GC investments come with strings attached. Founders can negotiate terms to retain autonomy - Ecosystem Focus: Many GCs are investing in tech not for exclusivity but to drive innovation across the industry. Programs like Suffolk’s “Boost” or Obayashi’s venture arm focus on enabling startups to scale while addressing systemic inefficiencies in construction. How to Make GC Investment Work for You To leverage GC investment without falling into common traps: - Diversify Early: Secure pilot programs with multiple GCs and stakeholders to demonstrate your product’s broader applicability. - Stay Transparent: Communicate your vision for a scalable, industry-wide solution from day one. - Set Boundaries: Avoid over-customizing your product for any single GC to maintain its relevance across the market. Final Takeaway: GC investment isn’t inherently good or bad—it’s all about how you approach it. #generalcontractors #earlystagestartups #constructiontech #constructions #gc #contech #vcs #startups #constructiontechstartups #cvcs #cvc

With investors flocking to tax-efficient schemes ahead of the budget announcement, now is the perfect time to learn more about #SEIS and #EIS. To date, SEIS and EIS have already helped deploy £32 billion in investment to 56,000 startups, but only a small fraction of potential investors are taking advantage of the schemes and their generous tax savings.❗️❗️ To re-invigorate SEIS and EIS, and catalyse impact for startups, we need more of this massive pool of would-be investors to learn how these schemes can benefit them. Watch our informative video to discover how SEIS and EIS can help you save on taxes while supporting the startup ecosystem. Let's make Britain the best place to start and grow a company! #taxrelief #investmentportfolio Capital at risk. For professional investors only. Tax benefits are subject to individual circumstances. Subject to changes. Data source: Enterprise Investment Scheme, Seed Enterprise Investment Scheme and Social Investment Tax Relief statistics: 2024 (HMRC, May 2024)

The Startup bill 2022: Current Status. The finance bill 2023 came and passed, The 2024 finance bill and other "Urgent" bills might also be passed before we hear about the startup bill. I know we are quick to forget hence this update. - The bill was passed by the senate with ammendments and referred to the National Assembly for consideration. - It was received at the National Assembly, on 27th Feb 2024. - It is being sponsored by Senator Crystal Asige , MP and Hon. IRENE MAYAKA , MP . - 1st reading was on 28th Feb 2024. And so we wait! But those of us who mean well for the Ecosystem can team up and arrange for a session over Kenyan tea with the Hon. Legislators to ask them What's Up. Otherwise corridor whispers indicate there's a likelihood an ICT Authority Bill 2024 is being proposed, so the government can generate more revenue from licencing ICT practitioners. https://lnkd.in/drcjD44m My bet is the ICT bill will see the light of day before startups get the promised TAX BREAKS through the Startup bill. As we might agree, that the government of the day might not easily recognize"Tax Breaks" as proper language in any drafted bill. But we must try!