'Long overdue': Startup industry, VCs cheer move to abolish angel tax The long-awaited reform, announced by FM Nirmala Sitharaman in the budget, is set to enhance startup #funding from both domestic and international sources. https://lnkd.in/d3skWfzr #AngelTax #Budget2024
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Indian startups have had an eventful week, raising a total sum of around $182.62 million by 24 of them. The Indian startup ecosystem still attracts investor confidence with three growth-stage deals in this week’s significant transactions and 19 investments in the early stage. Two others chose to keep theirs under wraps, indicative of the churning mix of transparency and strategic discretion in this space. . To read more info check out this link: https://buff.ly/40JHeTE . Follow us for more information: Business Outreach . . . #BusinessOutreach #funding #weeklyreport #startup #growth #investor #ecosystem #aircraft #edutech #fintech
Indian Startups Funding This Week (November 11-16)
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Lots of noise increase in Long-Term Capital Gains (LTCG) to 12.5%. But what this means is that Private investments will now attract only 12.5% LTCG as compared to 20% earlier. This, plus the abolishment of #Angeltax, is brilliant for the startup ecosystem. Much needed. Had listed out a few of these demands in the blog earlier this year, https://lnkd.in/dRn8D4pB
Venture Capital demands from budget 2024 - Dinesh Pai's blog
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Valuations of startups have quietly rebounded to all-time highs. Some investors say the slump is over. But there’s a catch! Generative AI businesses aside, the last couple of years have been relatively difficult for venture-backed companies. Very few startups were able to raise funding at prices that exceeded their previous valuations. Now, approximately two years after the venture slump began in early 2022, some investors, like IVP general partner Tom Loverro, are saying that the worst of the downturn is behind us and the startups that survived should shift from cash preservation mode to spending money on growth. #startups #valuations #venturecapital https://lnkd.in/ddjKNYjS
Valuations of startups have quietly rebounded to all-time highs. Some investors say the slump is over. | TechCrunch
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Direct consequences of abolishment of #angeltax in #startups #startupindia being felt across the ecosystem. The angel tax applied outright conservative methods for #valuation #fairmarketvaluation for startups. This collided with the aspirations of hot startups that wanted minimum dilution by embracing numerous investor interest and essentially creating quasi "auction" scenarios. The difference in these two valuations was treated as income and attracted #incometax - essentially taking a piece of the pie away from all stakeholders (founders, investors) etc Kudos again to our #FM #financeminister for this #Budget move - another strong fillip towards the growth of the early stage ecosystem in India #VC #VentureCapital https://lnkd.in/d6j-m44e
Indian startups secure $395 million this week, a massive 350 pc jump - The Statesman
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“Q3 2024 saw a slowdown in North American startup funding, with total investments falling to $31.5 billion, the lowest quarterly figure in recent years. Late-stage funding continues to face headwinds, reflecting tightening investor scrutiny on profitability and capital efficiency. Meanwhile, India’s startup ecosystem is weathering the storm more resiliently, securing over $4 billion during the same period. Notable deals include Zepto’s $340M round and DMI Finance’s $334M, with fintech and SaaS leading the sectors. While challenges persist globally, India’s growth-stage funding and rising M&A activity show promising momentum. Where do you see the global funding landscape heading?” #StartupFunding #VC #IndiaStartups #NorthAmericaStartups
North American Startup Funding Weakened In Q3 As Largest Deal Took Longer To Close
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FAAD Capital - Among the Top 10 Active Investors in Indian Startups! ⭐ We are proud to share that FAAD Capital has been recognized as one of the Top 10 active investors in Indian startups during H1 2024, as featured in #YourStory’s recent article. As we continue to focus on sectors like #Agritech and #Sustainability, along with emerging areas such as #FinTech, #AI, and #DeepTech, this achievement underscores our commitment to driving innovation and fostering long-term growth in industries that are shaping the future. A huge thank you to all the startups, partners, and stakeholders who have been a part of this journey! Check out the article to explore the other incredible investors and startups featured, and learn how these key players are contributing to the resurgence of India's startup ecosystem. Read the full article: https://lnkd.in/gJ4yCTkd Aditya Arora Karan Verma Dr.Dinesh Singh Neha Mourya Vatsal Lunawat Shivani Khare Samarth Gupta Abhilash Gupta Sanyam Jain #beingFAAD #FAADCapital #IndianStartups #Entrepreneurship #Investors #YourStory
Top 10 active investors in Indian startups in H1 2024
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🚀 Exciting News for the Indian Startup Ecosystem! 🚀 The Indian startup landscape is renowned for its innovation and ambition. Today, we received fantastic news that will further enhance this growth. Finance Minister Nirmala Sitharaman has proposed the removal of the "Angel Tax" – a significant step towards creating a more supportive environment for startups and investors alike. The Angel Tax, under Section 56(2)(viib) of the Income Tax Act, 1961, isn't a tax break. Instead, it treats investments received by startups from external investors as "income from other sources," taxing them at a hefty rate of 30%. This has been a topic of much debate and concern within the startup community. By proposing the removal of this tax, the government is sending a strong message of support to the startup ecosystem. This move will not only encourage more investments but also help startups focus on innovation and growth without the additional financial burden. At Growth91, we are thrilled about this development. It aligns perfectly with our mission to provide a robust platform for startups and investors to connect, innovate, and thrive. We look forward to seeing the positive impact this change will bring to our dynamic ecosystem. Sign Up to Growth91: https://lnkd.in/gPKhddjj Let's continue to support and celebrate the incredible potential of Indian startups! Jimish Kapadia Sanjay Sarda Sushant Bhasin Nidhi Gupta Neha Lulla Mann Shah Growth Sense Growth91 #growth91 #growthsense #angelinvestor #startup #venturecapital #investor #investment #startups #entrepreneurship #funding #angelinvesting #investing #investors #startupfunding #innovation #venturecapitalist #crowdfunding #invest #founder
Growth91 - Invest Securely in Indian Startups
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The US has more startups than VCs can support, really? Over 55,000 VC-backed companies are operating in the US right now with only 2.000 active VCs. Most startups are thus aggressively competing for funding in a slow dealmaking landscape. Approximately 3,200 startups failed in 2023. The remaining startups may better opt to bootstrap their growth instead of waiting for another funding round and to reduce cash out by applying relevant strategies. This is why Investment Advisors with all their experience, quality and network can make a difference for startups and for VCs. #startup #ventures #venturecapital #vc #investment #funding https://lnkd.in/gFJimp5s
3 charts: The US has more startups than VCs can support
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When startups fail, these startups clean up #startup #fundraising #angelinvestor #investments #VentureCapital #vc #Entrepreneurship #venturefunding #investing #TechNews #Innovation #technology https://lnkd.in/egAVc-bk
When startups fail, these startups clean up | TechCrunch
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#StartupNews🚀 : VentureSoul Partners Unveils INR 600 Crore Fund to Fuel Growth of New-Age Tech Startups Calling all tech entrepreneurs! VentureSoul Partners, a new player in the venture debt space, has launched its maiden fund of ₹600 crore (US$77 million). This SEBI-registered Category II AIF has already secured commitments from prominent investors like family offices, corporates, high-net-worth individuals (HNIs), and other big names. The exciting part? VentureSoul is sector-agnostic, meaning they're open to financing a wide range of tech startups! Whether you're in fintech, B2C, B2B, or the booming SaaS sector, VentureSoul Partners could be your key to unlocking growth capital. Founded by a trio of experienced ex-bankers, VentureSoul Partners aims to bridge the gap in financing solutions for the "new economy." They offer a unique blend of traditional credit evaluation with a technology-driven approach, resulting in differentiated debt solutions tailored to each startup's specific needs. This could be the perfect opportunity to take your tech venture to the next level. #Startups #NewEconomy #India #buildingbusinesses #BPlanadvisors Ashish Gala, Anurag Tripathi, and Kunal Wadhwa
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