StartUp – ICC Sector Watch

India’s rapid adoption of new-age technologies, its growing startup ecosystem

India’s rapid adoption of new-age technologies, its growing startup ecosystem, and the large-scale digitally skilled talent potential are the right building blocks for it to emerge as a key player in the global Web3 landscape, according to a report by IT industry association Nasscom. There were over 450 Web3 startups in India as of the first…

The Government has notified a CGSS under which lenders will extend collateral-free loans up to Rs 10 crore to each eligible borrower

The Government has notified a credit guarantee scheme for start-ups (CGSS) under which lenders will extend collateral-free loans up to Rs 10 crore to each eligible borrower. The credit guarantee cover under the scheme would be “transaction-based” and exposure to individual cases would be capped at 10 crore rupees per case or the actual outstanding…

5G ecosystem in the country

In a bid to boost the 5G ecosystem in the country, the Government of India has decided that the indigenous 5G test bed facility can be used free of cost by recognized startups and MSMEs up to January 2023. Other stakeholders including academia, service providers, R&D institutions, government bodies, and equipment manufacturers, among others, will…

India in its 75th year of Independence is home to as many as 75,000 registered startups

India in its 75th year of Independence is home to as many as 75,000 registered startups. An “impressive” 7.46 lakh jobs have been created by the Indian startup ecosystem so far, which has been a 110 percent yearly increase over the last six years. While the initial 10,000 startups were recognized in 808 days, the…

Sector Category: StartUp

India’s rapid adoption of new-age technologies, its growing startup ecosystem

The Government has notified a CGSS under which lenders will extend collateral-free loans up to Rs 10 crore to each eligible borrower

5G ecosystem in the country

India in its 75th year of Independence is home to as many as 75,000 registered startups

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