Indian Startups Have Dazzled The World

Indian Startups have dazzled the world, know what is the latest situation.

There is good news about startups. India currently has over 61,000 start-ups and 81 unicorns, one of the largest in the world.

44 Unicorn privately owned start-up companies were valued at more than a billion dollars during Covid and 11 were added in the first three months of the current financial year 2022.

The special thing is that Indian start-ups are showing a new direction to the world, especially in the newly emerging areas of health, nutrition, and agriculture.

Speaking at the ‘FLO Start-up Symposium’ organized by FICCI Women’s Organization (FLO), the women’s business arm of FICCI here.

Amitabh Kant, CEO, NITI Aayog said that women-based entrepreneurship is one of the key measures to eliminate hierarchies in society.

One is because more women take up entrepreneurship, it acts as a catalyst for socio-economic change.

For example, some of the most popular names in the ecosystem, travel, beauty, clothing, and eCommerce verticals are women.

Venture capital (VC) and private equity firms are currently supporting women start-ups.

It will help in formulating strategies and suggest appropriate measures to facilitate the growth of startups and help in promoting women’s entrepreneurship.

Today there is a growing competition between investors and VCs to identify and support women-led startups.

Ujjwala Singhania, President of, FICCI Ladies Organization said, “We are delighted to be associated with NITI Aayog and to work with them, creating a network for budding and existing women entrepreneurs across the country.

The start-up cell set up by FLO is one of the initiatives aimed at encouraging and training women.

If you have taken Cryptocurrency then get ready to pay 28 percent tax, this is going to change

The government is considering bringing cryptocurrencies under the purview of GST so that the entire value of the transaction can be taxed.

At present, only services provided by crypto exchanges attract 18% GST and are classified as financial services.

The GST authorities are of the view that cryptos are equivalent to any lottery, casino, betting, gambling, horse racing, with 28 percent GST applicable on its entire value.

Apart from this, in the case of gold, 3% GST is levied on the entire transaction.