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Business Standard
3 days ago
- Business
- Business Standard
Govt-recognised startup count crosses 180K as of June 30: Jitin Prasada
The government has recognised more than 180,000 firms as startups as on June 30, 2025, Parliament was informed on Tuesday. The recognised startups are eligible for a number of fiscal incentives, including income tax benefit announced under Startup India action plan. "Since the launch of the Startup India initiative, number of entities recognised as startups by Department for Promotion of Industry and Internal Trade (DPIIT) has increased from around 500 in 2016 to 180,683 as on 30th June 2025," Minister of State for Commerce and Industry Jitin Prasada said in a written reply to the Lok Sabha. Under Startup India initiative, the government is implementing flagship schemes, Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme (SISFS), and Credit Guarantee Scheme for Startups (CGSS) to provide funding opportunities and support startups at various stages of their business cycle. He added that Alternative Investment Funds (AIFs) supported under the FFS have invested Rs 23,679 crore in 1,282 startups as on June 30 this year. Prasada also said SISFS provides financial assistance to seed stage startups through incubators. The incubators supported under the scheme have selected 2,942 startups for a total approved funding of Rs 522.42 crore as on June 30. Further under the CGSS, as on June 30, 289 loans amounting to Rs 667.85 crore have been guaranteed for startup borrowers. In a separate reply, the minister said GI (geographical indication) tag applications for 659 products are pending before the office of geographical indications registry. Till August 1 this year, GI tag has been granted to 697 products. Of this, 658 products are from India and 39 are from foreign countries. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
News18
3 days ago
- Business
- News18
Govt-recognised startup count crosses 1.8 lakh as on June 30
Agency: PTI New Delhi, Aug 12 (PTI) The government has recognised more than 1.8 lakh firms as startups as on June 30, 2025, Parliament was informed on Tuesday. The recognised startups are eligible for a number of fiscal incentives, including income tax benefit announced under Startup India action plan. 'Since the launch of the Startup India initiative, number of entities recognised as startups by Department for Promotion of Industry and Internal Trade (DPIIT) has increased from around 500 in 2016 to 1,80,683 as on 30th June 2025," Minister of State for Commerce and Industry Jitin Prasada said in a written reply to the Lok Sabha. Under Startup India initiative, the government is implementing flagship schemes, Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme (SISFS), and Credit Guarantee Scheme for Startups (CGSS) to provide funding opportunities and support startups at various stages of their business cycle. He added that Alternative Investment Funds (AIFs) supported under the FFS have invested Rs 23,679 crore in 1,282 startups as on June 30 this year. Prasada also said SISFS provides financial assistance to seed stage startups through incubators. The incubators supported under the scheme have selected 2,942 startups for a total approved funding of Rs 522.42 crore as on June 30. Further under the CGSS, as on June 30, 289 loans amounting to Rs 667.85 crore have been guaranteed for startup borrowers. In a separate reply, the minister said GI (geographical indication) tag applications for 659 products are pending before the office of geographical indications registry. Till August 1 this year, GI tag has been granted to 697 products. Of this, 658 products are from India and 39 are from foreign countries. PTI RR TRB (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: August 12, 2025, 15:30 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Hans India
02-08-2025
- Business
- Hans India
Over 1.97 lakh entities registered under ‘startup' category on BHASKAR platform
New Delhi: The government has informed that 1,97,932 entities are registered under the 'startup' category on the BHASKAR platform (till June 30). The Bharat Startup Knowledge Access Registry (BHASKAR) enables collaboration among the entrepreneurial ecosystem including startups. BHASKAR is currently in the pilot phase, wherein key features are being tested including peer-to-peer interaction, partnerships, and collaborative engagements, generation of unique personalised identification for stakeholder categories and integration of micro-sites in place for implementation of various Schemes under 'Startup India'. The government is undertaking various outreach and awareness measures for BHASKAR across States/UTs to understand the requirement and experience of key user stakeholders including small and micro-enterprises, said Minister of State for Commerce and Industry, Jitin Prasada, in a written reply in the Rajya Sabha. 'Such measures, include specific outreach to States/UTs, information sessions in workshops and events, and propagation through various social media platforms. These engagements have been undertaken in collaboration with State Startup Nodal Agencies and other ecosystem partners such as incubators, accelerators, colleges, and universities amongst others,' the minister emphasised. Meanwhile, the government said last week that a net commitment of Rs 9,994 crore has been made to 141 Alternative Investment Funds (AIFs) supported under the Fund of Funds for Startups (FFS) scheme (till June 30), as it aims to build a strong ecosystem for nurturing innovation. Under the 'Startup India' initiative, the government is implementing three flagship schemes -- FFS, Startup India Seed Fund Scheme (SISFS), and Credit Guarantee Scheme for Startups (CGSS) to support startups at various stages of their business cycle. FFS has been established to catalyse venture capital investments and is operationalised by the Small Industries Development Bank of India (SIDBI), which provides capital to Securities and Exchange Board of India (SEBI)-registered AIFs, which in turn, invest in startups. SISFS provides financial assistance to seed-stage startups through incubators. Rs 945 crore have been approved to 219 selected incubators (as of June 30), the minister said.
Mint
23-07-2025
- Business
- Mint
What is the Startup India Seed Fund Scheme that offers upto ₹50 lakh to founders? Details here
Over four years ago, Department for Promotion of Industry and Internal Trade (DPIIT) had launched Startup India Seed Fund Scheme (SISFS) in April 2021 with a total budget of ₹ 945 crore meant for those startups which are undergoing the stages of proof of concept, prototype development, product trials, market-entry, and commercialisation. The eligible startups can apply for the scheme on the Startup India portal. The Seed Fund will be disbursed to selected startups through eligible incubators across India. These are the following benefits of this scheme: I. ₹ 20 lakh grant: Under the scheme, one can be awarded up to ₹ 20 Lakhs as a grant for validation of proof of concept, prototype development, or product trials. The grant will be disbursed in milestone-based installments. These milestones can be related to the development of prototypes, product testing, building a product ready for market launch. II. ₹ 50 lakh grant: When the start up wants funding for market entry, or for commercialisation, or for scaling up through convertible debentures or debt or debt-linked instruments, then one can be granted a funding of up to ₹ 50 lakhs of investment. III. Meanwhile, it is vital to note that seed funds can not be used for the creation of any facilities but for the purpose it has been granted for. These are some of the eligibility criteria under the Startup India Seed Fund Scheme: I. Recognised: A startup, which is recognised by DPIIT, should have been incorporated not more than two years ago at the time of application. II. Viable for commercialisation: There must be a business idea for developing a product or a service with market fit, which is viable for commercialisation, and scope of scaling. III. Problem being solved: A startup should be using technology in its core product or service, or business model, or distribution model, or methodology to solve the problem being targeted. IV. Sectors: This scheme primarily gives preference to those startups which are creating some innovative solutions in the sectors including social impact, waste management, food processing, water management, biotechnology, financial inclusion, education, healthcare, energy , agriculture, defense, space, mobility, railways, oil and gas and textiles. V. Already received: Additionally, the startup should not have got more than ₹ 10 lakhs of monetary support under any other Central or State Government scheme but this does not include prize money from competitions and grand challenges, subsidised working space, founder monthly allowance or access to labs. VI. Promoters: Shareholding of Indian promoters in the startup should be over 51 percent at the time of application. The seed support can be availed in any form – grants and debt/convertible debentures as per the guidelines of the scheme. This is the process start-ups need to follow. A: On the Startup India portal, online call for applications is typically hosted on an ongoing basis. B: As mentioned above, applicants must be a DPIIT-recognised startup. Those which fit the bill can apply through the official Startup India Portal ( C: On the home page, one can proceed with 'Apply Now' for startups. D: It is recommended to login using the credentials used during the startup recognition process to apply for the scheme and submit the application form. E: There is an option to apply for seed funds to any three incubators selected as disbursing partners for this scheme in order of their preference. For all personal finance updates, visit here
Entrepreneur
16-07-2025
- Business
- Entrepreneur
Non-Dilutive Capital Gains Ground as Equity Funding Tightens in India
As venture funding tightens, founders are increasingly tapping grants, venture debt, and revenue-based financing to extend their runway without giving up ownership Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. With equity financing becoming harder to secure in India's cooling startup ecosystem, a growing number of entrepreneurs are turning to non-dilutive capital to fuel their growth while retaining ownership. Non-dilutive capital, which often includes government grants, revenue-based financing (RBF), venture debt, and corporate-backed programs, does not require founders to part with equity. This form of capital is now gaining momentum as startups look to survive a funding winter and prioritize sustainable, capital-efficient growth. The trend is particularly pronounced in sectors such as SaaS, D2C, deeptech, and biotech, where alternative funding models offer a critical runway extension without compromising cap tables. "Non-dilutive capital today is fast, often disbursed in days, unlike equity rounds that can take months," said Eklavya Gupta, CEO & Co-Founder of Recur Club, adding that most founders still associate speed with compromise, but that's not the case anymore. "A 15-17 per cent IRR loan is significantly less costly than giving away 30-40 per cent equity. But the real unlock is strategic: when used right, modest leverage strengthens your capital structure and enhances shareholder value. Founders who understand this build more resilient and high-ownership companies," says Gupta. According to Tracxn's H1 2025 report, early-stage startup funding in India declined by 38 per cent year-on-year. Amid this slowdown, startups are increasingly pursuing capital strategies that help them avoid down rounds or over-dilution. Meanwhile, venture debt deployments stood at USD 1.2 billion in 2023, up from USD 900 million in 2022, according to data published in the IVCA-EY India Venture Capital Report 2024. When it comes to private capital in India, the story is just getting started. "We're still an under-levered economy, and we expect private capital AUM to grow aggressively over the next few years. What's really driving this shift is the changing face of entrepreneurship," said Gupta. "Direct-to-consumer brands, e-commerce players, AI and tech service companies, and even industrial automation ventures, all need faster and more flexible capital solutions that support growth without diluting ownership. These sectors are asset-light but revenue-strong, making them ideal candidates for structured, non-dilutive credit. Private capital is rising to meet that demand." Recur Club has disbursed INR 3,000 crore in non-dilutive capital so far. When it comes to state efforts, the Startup India Seed Fund Scheme (SISFS) has disbursed over INR 945 crore across more than 1,000 startups as of June 2025, according to data on the Startup India portal. Other schemes, such as BIRAC's Biotech Ignition Grant (BIG) and NIDHI's PRAYAS and EIR program have supported deeptech and healthtech founders with equity-free grants. Venture debt providers such as Trifecta Capital, Alteria Capital, and InnoVen Capital have seen continued demand from startups seeking to raise capital between equity rounds or to finance growth without diluting their equity. Ajay Hattangdi, Managing Partner at Alteria Capital had said that venture debt is evolving beyond just a bridge to being a strategic part of startup capital stacks. Despite growing interest, access to non-dilutive capital depends heavily on revenue visibility, business model, and sector, and for the providers themselves, regulatory bottlenecks. Absolutely, and it's part of the terrain. The RBI's evolving digital lending and KYC guidelines, especially around consent frameworks, data transparency, and intermediary roles, have added complexity to how lending products are structured and delivered. These rules are essential for long-term ecosystem trust, but they do slow down the process operationally if you're not built for it. "Absolutely, and it's part of the terrain. The RBI's evolving digital lending and KYC guidelines, especially around consent frameworks, data transparency, and intermediary roles, have added complexity to how lending products are structured and delivered. These rules are essential for long-term ecosystem trust, but they do slow down the process operationally if you're not built for it," added Gupta.
