‘Emerging tech startups to get a boost,’ says Ritesh Agarwal

Among the various items on wish lists ahead of the 2025-26 Union Budget, the ones that truly stood out included a continued infrastructure push, the revitalisation of micro, small and medium enterprises (MSMEs), and greater incentives for startups and innovation — especially in the emerging sectors — which could boost employment and spur domestic growth.

Also ReadMorgan Stanley overweight on Titan, Jubilant FoodWorks in weak consumer market

On the startup front, it was only fitting that the finance minister reaffirmed the government’s commitment to fostering innovation as we enter the 10th year of the Startup India programme. After abolishing ‘angel tax’ in 2024, a fresh infusion of Rs 10,000 crore to the fund of funds for startups, building upon the impressive Rs 91,000-crore investment corpus already created, could be hugely beneficial for India’s entrepreneurial ecosystem. The success of previous such investments has shown that when we back innovative Indian entrepreneurs with patient capital, they create solutions that not only serve the country but can be exported globally. This boost will particularly benefit startups working on emerging technologies like artificial intelligence, clean energy and deeptech.

Even as large tech startups strive to achieve problem-solving at scale, there is little denying that MSMEs form the backbone of the Indian economy. The robust focus on MSMEs through enhanced credit guarantee coverage and innovative financing solutions marks a major step towards building a more resilient economy.

Also Read First Indian Startups selected for Indo-US Defence Collaboration Programme Innovation takes center stage as India celebrates National Startup Day 2025 National Startup Day 2025: As startup India turns 9, top voices share blueprint for future growth Startup India: Catalysing economic growth and innovation

Having worked closely with thousands of hotel owners across India, I have witnessed firsthand how access to formal credit can transform small businesses. The doubling of guaranteed coverage to `10 crore and the introduction of a specialised credit card will unlock working capital for millions of entrepreneurs.

In another major step, while the increase in income tax exemption limit, in a significant relief for the salaried class, will expectedly take centre-stage, the broader measures announced by finance minister Nirmala Sitharaman are equally vital as India works towards realising its mission of becoming a developed nation by 2047,

 » Read More

Related Articles

The Evolution of Gurgaon’s Real Estate: How Dwarka Expressway is leading the way

With rising demand and consistent price appreciation, Gurgaon’s real estate market is on a strong growth trajectory. Its prime location, excellent connectivity, and world-class infrastructure make it a preferred choice for homebuyers and investors alike. The Evolution of Gurgaon Real Estate Infrastructure Gurgaon has long been a pioneer in shaping India’s luxury real estate market

Fixed Deposit: Make the most of current FD rates before they start falling

Fixed deposit (FD) rates are currently looking pretty attractive. If you’ve been thinking about parking your savings in guaranteed return investment schemes and earn decent returns, this might be the best time to do so. Banks are currently offering interest rates as high as 8% on FDs, with smaller banks pushing the envelope even further.

FPIs’ incessant selling continues; withdraw Rs 7,300 crore from equities in a week

The exodus of FPIs from the Indian equity markets continued unabated, as they withdrew over Rs 7,300 crore (about 840 million) in the first week of this month due to global trade tensions, with the US imposing tariffs on countries such as Canada, Mexico, and China. This came following an outflow of Rs 78,027 crore

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

The Evolution of Gurgaon’s Real Estate: How Dwarka Expressway is leading the way

With rising demand and consistent price appreciation, Gurgaon’s real estate market is on a strong growth trajectory. Its prime location, excellent connectivity, and world-class infrastructure make it a preferred choice for homebuyers and investors alike. The Evolution of Gurgaon Real Estate Infrastructure Gurgaon has long been a pioneer in shaping India’s luxury real estate market

Fixed Deposit: Make the most of current FD rates before they start falling

Fixed deposit (FD) rates are currently looking pretty attractive. If you’ve been thinking about parking your savings in guaranteed return investment schemes and earn decent returns, this might be the best time to do so. Banks are currently offering interest rates as high as 8% on FDs, with smaller banks pushing the envelope even further.

FPIs’ incessant selling continues; withdraw Rs 7,300 crore from equities in a week

The exodus of FPIs from the Indian equity markets continued unabated, as they withdrew over Rs 7,300 crore (about 840 million) in the first week of this month due to global trade tensions, with the US imposing tariffs on countries such as Canada, Mexico, and China. This came following an outflow of Rs 78,027 crore

Co-working spaces boom in small towns

In December last year, Andhra Pradesh chief minister N Chandrababu Naidu, in a bid to boost employment opportunities for women, ordered state officials to facilitate development of co-working spaces and “neighbourhood working spaces”. By the end of 2025, Andhra Pradesh aims to set up 1,50,000 seats in co-working space centres in government and private buildings.

India most expensive market: Valuation guru Aswath Damodaran

By Ananya Grover The Indian stock market is the most expensive and no amount of “hand-waving” can justify the story of paying 31 times earnings, 3 times revenue and 20 times EBITDA, in the aggregate, for Indian companies, believes valuation guru Aswath Damodaran. The New York University finance professor, in a recent blog post,  noted