India's Startup Ecosystem Guide

ENTREPRENEUR’S HANDBOOK
A Guide to India’s Startup Ecosystem 2021
To cite: Mathur et. al (2021). A Guide on India’s Startup Ecosystem 2021 accessible via
https://bit.ly/Entrepreneurhandbook2
1

TABLE OF CONTENTS
• Startup Policy
• Role of NITI Aayog
• Start-up Events
• Startup Incubator in India
• Accelerators in India
• Coworking spaces in India
• Micro, Small and Medium Enterprises
• Aatmanirbharbhart for Startups
• Employment Contacts
• Intellectual property rights (IPR)
• Patents
• Identiﬁed sectors and sub-sectors
• Procurement by Government
• Startup Hubs In India.
• FAQs Related to Patents
• FAQs Related to Startup India 2

CONTRIBUTORS
Faculty Mentor
Students (MBA-IEVD) of School
of Business, Public Policy and
Social Entrepreneurship,
Ambedkar University Delhi
Dr. Kritika Mathur, Assistant Professor
• Ankita Chowdhury
• Aman Gaur
• Arjun Sirpaul
• Amrita Sharma
• Ayushi Mehta
• Diksha Sharma
• Mohammad Amal
3
● Pinki
● Prabal Kaur Deol
● Rhea Pillai
● Saurav Boora
● Sourav Tanwar
● Suhail Haider
● Suraj Kumar

EVOLUTION OF STARTUP POLICY
On 16 January 2016, the Government launched the ‘Startup India’ program with a stated objective to build a
strong ecosystem for nurturing innovation and startups in the country that would drive sustainable economic
growth and generate large scale employment opportunities.
It comprised of 19 action items spanning across three key areas of ‘simplification and handholding’, ‘funding
support and incentives’, and ‘industry-academia partnerships and incubation’. Under the provisions of this plan,
startups were entitled to a number of benefits such as tax incentives including capital gains tax exemption,
Governments’ assistance in funding, prioritisation of startups in public procurement, etc.
Some other key benefits that the Action Plan included were entitlement
to an 80% rebate in patent registration fees as well as a 50% rebate in
trademark filing. Startups could also benefit from faster exit norms and
free of cost assistance provided by patent and trademark facilitators in
filing for Intellectual Property Rights (IPRs).
Source Link
https://www.startupindia.gov.in/content/dam/invest-india/Templates/public/5_years_A
chievement_report%20_%20final%20(1).pdf 4

DPIIT-recognised startups are exempted from tax under Income Tax Act on the amount exceeding Fair Market
value of shares for issue of shares above the face value.
● The startup has to provide a duly signed self-declaration in Form 2 which is sent to Central Board of
Direct Taxes (CBDT) to claim exemption from the provisions of Section 56(2) (viib) of the Income Tax Act.
● Tax on investments above face value is a tax rule applicable to investments by Indian residents in the
capital raised by private limited companies via issue of shares. It was introduced as an anti-abuse
provision in the 2012 Budget to restraint attempts to launder undisclosed income.
● The tax was charged at an effective rate of over 30% (till FY 19) on investments in shares “above face
value” made at a premium. Such an investment attracted the provisions of Section 56(2) (viib) of the
Income Tax Act under which the excess premium was taxed under the head “income from other
sources”.
Source Link :
https://www.startupindia.gov.in/content/dam/invest-india/Templates/public/5_years_Achievement_report%20
_%20ﬁnal%20(1).pdf
TAX EXEMPTIONS
5

Role of NITI Aayog
❖ NITI (National Institution for Transforming India) Aayog is the premier policy ‘Think Tank’ of the GOI,providing
directional and policy inputs. While designing strategic and long term policies and programmes for the
Government of India.
Role of NITI Aayog in transforming India :
❖ NITI Aayog has been entrusted with the role to coordinate ‘Transforming our world: the 2030 Agenda for
Sustainable Development.
Role of NITI Aayog in Startup India:
❖ NITI Aayog has introduced Atal Innovation Mission (AIM)) whose role is to create and promote a culture of
innovation and entrepreneurship across the Country.
Source File Link:
1)https://niti.gov.in/niti-aayogs-role
2) https://niti.gov.in/aim. 6

ATAL INNOVATION MISSION
❖ Atal Innovation Mission’s objective is to develop new programmes and policies for fostering
innovation in different sectors.
❖ AIM’s have contributed a lot in advancement of India’s position of 81 in the Global Innovation
Index in 2015 to 48 in 2020.
Activities carried out under AIM
Use Hyperlinks to read further
Atal Tinkering Labs
-
At School Level
Atal Incubators
-
at Universities, and
Institutes
Atal Community
Innovation Centres
-
Unserved
communities of
India
Atal New India
Challenges-
Product and
Services Innovation
Research and
Innovation for
Small Entreprises
-
MSME Innovation
Mentorship
and
Partnership
Collaborating
with Private,
public, NGO
7

Brief on activities carried out under AIM
❖ Atal Tinkering Labs: The objective of this scheme is to foster curiosity, creativity and imagination in young minds
❖ Atal Incubation Centre: would nurture innovative start-up businesses in their pursuit to become scalable business
❖ Atal New India Challenge (ANIC) : The Atal New India Challenge aims to address the second Commercialization
Valley of Death,in which innovators are unable to access resources for piloting, testing, and market creation.
● Total of 24 challenges have been launched in partnership with ﬁve different ministries and departments of central
government.
Source File Link: https://aim.gov.in/overview.php
Financial Support
AIM will provide grant-in-aid of Rs. 20 Lakh to
each school.
Eligibility
School ( VI-X)
Financial Support
AIM will provide a grant-in-aid of upto Rs. 10
crore.
Eligibility
Entities such as such as higher educational institutions, R&D
institutes
8

Brief on activities carried out under AIM
❖ Mentor of Change Program: An initiative to engage leaders who can guide and mentor students in thousands
of Atal Tinkering Labs and startups and incubators under the programs of AIM. Leaders spend 1 to 2 hours every
week in one or more with such labs or with the startups/incubators and enable them to experience, learn and
practice future skills such as design and computational thinking and inculcate the spark of innovation and
entrepreneurship.
❖ Atal Community Innovation Center: The program is directed to encourage the spirit of innovation through
solution driven design thinking to serve the society and focus on undeserved regions of country.
❖ Aatmanirbhar Bharat ARISE-Atal New India Challenge (ANIC): is national initiative to promote research &
innovation and increase competitiveness of Indian startups and MSMEs. The objective is to proactively collaborate
with ﬁve esteemed Ministries and the associated industries to catalyse research.
Source File Link: https://aim.gov.in/overview.php 9

STARTUP INDIA
Startup India.com is a part of NITI
Aayog,was an initiative by the Government of
India announced on 15 August, 2015
➢ Startup India helps you to build network,
participate in challenges and programs, and
can access useful tools & resources for free
➢ Startup India has introduced various Online
Entrepreneurial Courses to keep your skills
updated
➢ Best thing one can get is all time
support,you will get all the information and
support in your way of your initial stage
Source File Link: https://www.startupindia.gov.in/content/sih/en/about_startup_portal.html
Growin
g
Startups
Investors
Mentors
Incubators
Accelerators
Use Hyperlinks for more Information
10

Inception of Start-up India
on 16th
January, 2016
The Government of India launched the “Start-up India,” movement on January 16th, 2016 in New Delhi. The event
was aimed at celebrating the entrepreneurship spirit of country’s youth and was attended by CEOs and founders of
top Start-ups (over 1500) from across the country.
The event was a non-stop day long global workshop on Start-up Entrepreneurship and included a panel discussions
on topics such as “Unleashing Entrepreneurship and Innovation: What do Indian Startups Need to Grow and
Prosper”, “Celebrating Women: Stories of Innovative Women Entrepreneurs”, “How digitization will change India’s
future”, “Making Indian Healthcare Leapfrog” and “Financial inclusion is within reach”.
Source File Link- https://pib.gov.in/newsite/printrelease.aspx?relid=134186 11

Source File Link: http://www.costartup.in/events/
Start-Up Events from 2016-17
S.no
EVENT NAME HELD ON HOSTED BY DETAILS
1. Start-Up India, Stand-Up
India summit cum
Awards. A mega
conference for
entrepreneurs , startups,
and investors.
June 17th
, 2016 ASSOCHAM, Associated
Chambers of Commerce &
Industry of India.
http://leoedunomics.com/
The prestigious awards, recognized
the India’s most creative, innovative
and ambitious new businesses and
provided a fantastic opportunity for
finalists to network with like-minded
entrepreneurs.
2. The Start-Up Expo
Startups showcasing,
product launches,
investors, entrepreneurs
from all sectors.
April 23rd
, 2016 at
Epicentre, Gurugram,
Haryana.
Lufthansa and TiE
https://s01.123signup.com/ser
vlet/SignUpMember?PG=152
2624182300&P=15226241911
420448300
The first ever initiative organized in
partnership with Lufthansa and TiE
to bring together an ecosystem that
can provide startups all the support
they need to succeed.
3. Agriprenuers
The campaign was aimed
to bring awareness about
the situation of farmers,
water conservation,
organic farming.
June 18th
, 2016 The mentorpreneurs with
association of their ecosystem
partners- By The Startups.
pitch@thementorpreneurs.co
m
It raised funds from general public
which were utilised to
technologically empower farmers. In
this the Agritech startups
/entrepreneurs were identified and
shortlisted a few which were
launched on crowdfunding platform
for raising funds.
12

Source File Link: http://www.costartup.in/events/ , events.eletsonline.com
S.NO EVENT NAME HELD ON HOSTED BY DETAILS
1. Global
Entrepreneurship
Summit
November 28th
-30th
,
2017
at Hyderabad.
NITI Aayog, the think tank of
India, in collaboration with the
USA govt.
niti.gov.in
It essentially aimed at supporting women
entrepreneurs and foster economic growth
globally. This year the summit primarily
focused on sectors such as energy and
infrastructure, healthcare and life sciences,
ﬁnancial technology and digital economy
and media and entertainment.
2. Slush
It bought together
20,000
tech-heads,1,500
venture capitalists
and 600 journalists
from 130 countries.
December 4th
– 5th
,
2018
Held annually since
2017.
Department of Industrial
Policy and promotion with
leading partner as Embassy of
India, Helsinki and Start-Up
India.
https://www.slush.org/
An event for entrepreneurs by
entrepreneurs, where investors, customers,
media exposure and mentoring were
provided.
The event was designed for the growing
companies at all stages from all industries.
3. National Student
Start-Up and
Innovation Summit
October 5th
, 2017 Start-Up India with National
Skill Development
Corporation in collaboration
with Govt of Gujrat.
nsdcindia.org
Aimed at encouraging student innovations,
building high performance start-ups and
social enterprises.
The participants got to showcase their
innovations to policy makers, experts and
investors.
13

Source File Link:
https://www.startupindia.gov.in/content/sih/en/ams-application/application-listing.html
1. Global Start-Up
Challenge, 2018
April 20th
, 2018 Start-Up India via the Platform
named Edge-196
https://www.nristartupindia.co
m/
FinTech is an initiative of NRI Startup
India through the platform EDGE 196.
The startups were supported with
capital injection, global market
access, and subject expertise.
2. India Entrepreneurs
Meet, 2018
April 20th
and 21st
Bombay Stock Exchange, with
e-tailing India, edvantez group.
https://www.crunchbase.com/o
rganization/edvantez
The two-day event showcased 1000+
startups, entrepreneurs, e-tailers,
corporates etc., from various
industries
3. Start-Up India Yatra,
2018
Year long event
throughout the
country
Start-Up India, Ministry of
Commerce and Internal Trade.
https://www.startupindia.gov.in
/content/sih/en/EventsCompeti
tions/startup_india_yatra.html
The startup India yatra offered boot
camps, where startups and individuals
can pitch
their ideas and shortlisted ideas get
incubated.
14

Source File Link: https://www.startupindia.gov.in/content/sih/en/ams-application/application-listing.html
1. Ayushman Bharat PMJAY
Start-Up Grand
Challenge,
Top 7 startups got to
work under PM-JAY and
made an impact on the
half a billion people.
October 2019 Ayushman Bharat PMJAY (the largest
government-funded health assurance scheme
in the world) partnership with Startup India.
https://pmjay.gov.in/GC/
It was a unique, ﬁrst-of-its-kind opportunity
for start-ups to be a critical participant and
stakeholder in implementing AB-PMJAY.
Winner per problem statement received
cash price of INR 2 lakhs.
2. Startup India-Kalyani
EdTech Challenge
Startups registered with
DPIIT or enterprises with
sustainable business
model to create a larger
impact with EdTech.
September 2019 Kalyani group in partnership with startup India.
Kalyani Group is an Indian MNC with
advanced technology, engineering and
manufacturing capabilities.
Link
Kalyani Group jointly with Start-up India
encourage innovative and young
entrepreneurs who aim to leverage
tech-enabled interventions to address
opportunities and prevailing challenges in the
Education Sector.$25,000 cash prize for the
winner and
Incubation support for top three winners
3. Maker Mela 2020
Held in a virtual mode,
due to Covid-19.
November 2020 Start-Up India mission, GOI
hosted a community of 10000+ innovators
globally, with at least 100 teams participating
and showcasing their innovations.
https://makermela.com/
A Pitching session called 'Pitch Perfect’ where
at least 100 teams globally participated and
showcased their innovations. Top Makers were
given the opportunity to pitch in front of 15+
investors.
15

What is a Startup Incubator ?
● A startup incubator is a collaborative program designed to help new
startups succeed
● Incubators help entrepreneurs solve some of the problems commonly
associated with running a startup by providing workspace, seed
funding, mentoring, and training
● The sole purpose of a startup incubator is to help entrepreneurs grow
their business
● Incubators often provide access to the resources needed to launch a
business. This may include ofﬁce space and equipment, utilities
(including internet service) and discounted or free professional
services, such as accounting and legal help
● One of the greatest beneﬁts of an incubator is the access it provides to
a network of successful business partners 16

INCUBATORS LIST
• EASTERN,
WESTERN,SOUTHERN AND
EASTERN INDIA
Source File Link:
https://www.indianweb2.com/p/complete-list-of-startup-incubators-in.html
https://inc42.com/buzz/top-startup-incubators-india/ 17

WESTERN INDIA
Source File Link: https://www.indianweb2.com/p/complete-list-of-startup-incubators-in.html
https://inc42.com/buzz/top-startup-incubators-india/
S.No NAME STATE WEBSITE EMAIL CONTACT DETAIL Notable Startups
1. CIIE,IIMA Gujarat http://www.ciie.co/start-
up/
ciie@iima.ac.in Mr. Neeraj Jain, Manager
T: 079 6632 4203
Travelyaari, Innoz,
Thrillophilia
2. SINE(Society for
Innovation &
Entrepreneurshi
p)
Maharashtra http://scitechpark.org.in/ stp@scitechpark.org
.in
Dr.Rajendra P.Jagdale,
Director General
M.-20-25699206 /
25693449
IdeaForge, Technology,
Purple Squirrel, SMS
Gupshup, ThinkLabs
3. Centre for
Incubation and
Business
Acceleration
Goa http://www.ciba.org.in/s
ervices.php#incubation
prashant@ciba.org.i
n
D.S. Prashant General
Manager
M: 9823235890
Day2Deal, Astrasys, Think
A Print
4. Gujarat
Foundation for
Entrepreneurial
excellence-
icreate
Gujarat http://icreate.org.in/cont
act
info@icreate.org.in
anupam@icreate.or
g.in
siddharth@icreate.o
rg.in
Mr. Anupam Lavania
Manager M: 079-27912803
Siddharth Pareek
Prog Mang. 79 2791 2803
The Solar lab
social hardware
5. IITGN
Incubation
Centre
Gujarat
https://www.iitgn.ac.in/si
tes/
default/ﬁles/IIEC-Brochu
re- 2016.pdf
anandp@iitgn.ac.in Mr. Anand Pandey M:
07069021616
Cubeit, Tinker Tank, 4DEA
18

WESTERN INDIA
6. DA-IICT Centre for
Entrepreneurship
and Incubation
(DCEI)
Gujarat http://ceid.daiict.ac.in/ ceid@daiict.ac.in Ms. Sujani Shah
Incubation Assistant
+ 91-79-30510652
Alma Connect Solutions Pvt.
Ltd, PlayPower Labs India
Pvt. Ltd.
7. Incube Ventures Gujarat http://in3ventures.com
/
info@in3ventures.org Ricky Gandhi
T: (079) 65451206
MB MERRI LLP
GE HEALTH CARE
8. Innovation &
Incubation Centre
(IIC)
Gujarat http://iic.pdpu.ac.in/ iic@pdpu.ac.in Mr. Tanmay Vadhel
+91 79 23275164
PowerTree, Yobo
9. MICA Incubator Gujarat https://www.mica.ac.in/
edc/mica-incubator
comcubator@micama
il.in
Kiran Mahasuar
kiran@micamail.in
+91-9007530007
Martedo
PopMyResume
10. NDBI(NID
INCUBATOR)
Gujarat http://www.ndbiindia.o
rg/index.html
communication.ndbi
@nid.edu
Jigar Jivani
Manager - Operations
(079) 2662 9608
Dhama Apparel Innovations
Pvt. Ltd, Robots Alive
Consulting Pvt. Ltd
19

EASTERN INDIA
1. IIM Calcutta
Innovation Park
(IIMCIP)
West
Bengal
https://www.iimcal.ac.in/f
aculty/centers-of-excelle
nce
contact@iimcip.org Prof.Balram Avittathur
mail:balram@iimcal.ac.in
Doctors for you,
Edwell solutions,
Utopia
2. Science and
Technology
Entrepreneurship
Park
West
Bengal
http://www.step-iit.org/ mdstep@step.iitkgp.ac.in
pic-tiets@hijli.iitkgp.ac.in
sdas@metal.iitkgp.ac.in
Professor Siddhartha Das
(03222)-281090/91 (STEP
Ofﬁce)
(03222)-283256 (Dept. Off)
sdas.iitkgp@gmail.com
Ikure Techsoft
Pvt.Ltd.
3. STEP-Birla
Institute of
Technology –
(BIT-STEP)
Jharkhand https://www.bitmesra.ac.
in/Show_Content_Sectio
n?cid=1&pid=187
hod.mgt@bitmesra.ac.in Dr. (Mrs.) Shradha Shivani
PH - 2275233
Ext - 4636
EAGER NETWIC
4 Tagore Centre for
Green
Technology
Business
Incubation
(TCGTBI)
West
Bengal
https://tcgtbi.iiests.ac.in/
https://tcgtbi.iiests.ac.in/
Processes.php
sec.tcgtbi@iiests.ac.in Ms. Jnui Deb Mallick Datta
09831036650
manager.tcgtbi@iiests.ac.in
M.033-26681073
Costeel Processing
(p) Ltd.
Capacloud Trading
Solutions (p) Ltd.
5. Technology
Business
Incubator (TBI)
Odisha https://www.kiitincubator
.in/
tbi@kiitincubator.in +91 7978780265 inDNA Life Sciences,
Ziplr Technology Pvt.
Ltd
20

EASTERN INDIA
6. Indo Danish Tool
Room
Jharkhand
https://www.idtr.gov.in/
reach@idtrjamshedpur.com Mr.Ashutosh Kumar,
Dy. General Manager
M: 0657-2201261/62
7. Bihar
Entrepreneurs
Association
Bihar http://www.enterprising
zone.com
http://beabihar.com/Su
bmit- your-idea#BEA
abhishek2709@gmail.com Mr. Abhishek Kumar,
M: 09708899777
T: 0612-3222433
+91-9507229900 / 11
Shoe laundry, awesome
garments
8. IITG-Technology
Incubation
Centre (IITGTIC)
Guwahati http://www.iitg.ac.in
https://tic.iitg.ac.in/
tic@iitg.ernet.in Dr. J. K. Deka, Faculty
In-Charge T:(0361)
2583191/ 2583194
Dipon Design Pvt. Ltd,
SpeecHWareNet (I) Pvt.
Ltd
9. Centre for
Innovation
Incubation and
Entrepreneurship
Assam https://adtu.in/ jd@downtowngroup.org Mr. Joutishman Dutta,
Principal M:
9706011569
ParkingRhino,Brahmapu
tra Fables
10. Business
Incubation
Centre (IC)
Bihar http://www.iciitp.com/ sriru@iitp.ac.in
Aditya Nataraja,
Manager
T:
+91-612-3028545/6/7
4mirror Tech Innovatives
Pvt. Ltd.
Huper System Pvt. Ltd.
21

North India
S.No. Name State Address Contact Details Website
1
National Small
Industries Corporation
Limited
Delhi
NSIC Bhawan,Okhla
Industrial Estate, New
Delhi-110020
Mr. P Udaya Kumar
Director
Email:udayakumar@nsic.co.in
Phone: 011-26857762
http://www.nsic.
co.in/
2
Atma Ram Sanatan
Dharma College
University of Delhi
Delhi
Atma Ram Sanatan Dharma
College
University of Delhi
Dhaula Kuan
New Delhi - 110021
Dr. Rajeev Singh,
Incubator Manager
Email:rajeev@arsd.du.ac.in
Phone: 9311225501
https://arsdstar.
wixsite.com/ciel
3
Shriram Institute for
Industrial Research
Delhi
19, University Road, near
Hansraj College, Hansraj
College, Delhi, 110007
Mr. Bhupesh Sharma
Project Manager
Email:sritbi@shriraminstitute.or
g
Phone :011 27667267
https://www.shri
raminstitute.org/
4
Amity Innovation
Incubator
Uttar Pradesh
Amity Innovation Incubator
E-3, 1st Floor, Amity
University, Sector – 125,
Noida 201 301
Email:sales@aii.amity.edu
Phone:0120-4659000,
4392243
https://www.ami
ty.edu/aii/
For complete list visit the website : https://www.indianweb2.com/p/complete-list-of-startup-incubators-in.html?m=1
22

North India
5
Atal Incubation Centre
(AIC)
Uttar Pradesh
Shiv Nadar University
NH - 91, Tehsil Dadri
Gautam Buddha Nagar
Dr.Pradeep Mehra
Email:pradeep.mehra@snu.ed
u.in
Phone: +91 120 3819 100
https://aic.sn
u.edu.in/
6 IIMT College of Pharmacy Uttar Pradesh
Plot #-A-20, Knowledge
park-3, Greater Noida
-201308
Dr. Mallikarjun BP,
Principal
Email:iimtgnoida@iimtindia.n
et
Phone: 0120-2475025
http://www.ii
mtindia.net
7
Society for Innovation &
Entrepreneurship
Haryana
Business Planning &
Development (BPD) Unit,
Dairy Technology Division,
National Dairy Research
Institute, Karnal-132001
Dr. Ashish Kumar Singh,
Principal Scientist
Email:aksndri@gmail.com
Phone: 0184-2259304
http://www.n
dritbi.com/
8
Science and Technology
Entrepreneurs Park (STEP)
Punjab Thapar University, Patiala
Dr. Dinesh Goyal,
Executive Director
Email:dgoyal@thapar.edu
Phone: +91 9815601705
http://www.t
hapar.edu
For complete list visit the website : https://www.indianweb2.com/p/complete-list-of-startup-incubators-in.html?m=1
23

South India
1
National Design
Business Incubator
(NDBI)
Karnataka
B-112, Rajajinagar,
Industrial Estate
Bengaluru-560044
Srinath Bhadram Manager
Email: manager.ndbi.b@nid.edu
Phone: 9902067555
www.ndbiindia.or
g
2 STEP-SJCE Karnataka
Manasagangotri,
Mysore- 570006
Dr. B G Sangamashwera,
Chief Executive
Email:info@sjcestep.in
Phone: 0821-2548321
http://www.sjceste
p.in/
3
Global Incubation
Services
(GINSERVE)
Karnataka
CA Site no 1, HAL 3rd
Stage, Behind Hotel Leela
Palace,
Kodihalli, Bangalore 560
008
Mr. Vinod Shankar,
COO
Email: vinod@ginserv.in
Phone: 984575103
https://www.ginse
rv.in/services-new/
#inclubation
4
VIT Technology
Business Incubator
Tamil Nadu
VIT - Technology Business
Incubator, Vellore Institute
of Technology, Vellore,
Tamil Nadu
Mr A. Balachandran,
General Manager
Email:vittbi@vit.ac.in
Phone: +91 416 224 3097
http://www.vittbi.c
om/#/
For complete list visit the website : https://www.indianweb2.com/p/complete-list-of-startup-incubators-in.html?m=1 24

South India
5
Periyar Technology
Business Incubator
Tamil Nadu
Periyar Maniammai
University Periyar Nagar,
Vallam Thanjavur-613 403,
Tamil Nadu.
Ms. A.P.Aruna ,
Chief Executive Ofﬁcer
Email: info@periyartbi.org
Phone: +91 4362-264520,
http://www.periya
rtbi.org/ptbi/partn
er.php#
6
Sathyabama
University
Technology
Business Incubator
Tamil Nadu
Jeppiaar Nagar, Rajiv
Gandhi Road, chennai-600
119
Email: sathyabamatbi@gmail.com
Phone: +91 9884163903
http://sathyabama
tbi.in/
7
Agri Business
Incubator
Andhra
Pradesh
Agri Business Incubator
ICRISAT, 303 Bldg.
Patancheru - 5023224
Dr Kiran Sharma,
CEO
Email:k.sharma@cgiar.in
Phone: 040 3071 3300
http://www.aipicri
sat.org/
8 T-HUB Telangana
T-Hub Foundation, IIIT-H
Campus, Gachibowli,
Hyderabad, 500032
Mr. Jay Krishnan,
Email: jay.krishnan@t-hub.co
Phone: 9945163858
https://t-hub.co/p
rograms/
For complete list visit the website : https://www.indianweb2.com/p/complete-list-of-startup-incubators-in.html?m=1 25

Accelerator Programs
Source File https://startupwonders.com/startup-accelerators-in-india/
Serial
No
NAME OF THE ACCELERATOR PROGRAM Location Linkedin ID How to apply
1 5 ideas Gurugram
Haryana
https://www.linkedin.com
/company/5ideas-startup
-superfuel/
http://www.5ideas.in
/
2 AIM SMART CITY ACCELERATOR Sonepat
Haryana
/company/aim-smart-city
-accelerator/
http://www.aimsmar
tcity.com/
3 Amplifi SaaS Accelerator Mumbai
Maharashtra
/company/amplifi-angels
/?originalSubdomain=in
https://www.amplifi.
asia/
4 Avishkar Hyderabad https://twitter.com/cieatii
ithyd
https://cie.iiit.ac.in/a
ccelerator-programs
/
26

Source File https://startupwonders.com/startup-accelerators-in-india/
Serial
No
5 Axilor Ve Bangalore
Karnataka
https://www.linkedin.co
m/company/axilor-ventu
res/?originalSubdomain
=in
https://www.axilor.com/
6 Venture Nursery Mumbai https://www.linkedin.co
m/company/venturenurs
ery/
http://venturenursery.co
m/
7 Brigade Reap Bangalore
Karnataka
m/company/brigade-rea
l-estate-accelerator-prog
ram-reap-/
https://brigadereap.com
/index.php
8 Business World - BW Accelerate New Delhi http://bwaccelerate.busi
nessworld.in/contact-us.
html
http://bwaccelerate.busi
nessworld.in/
27

Source File Link: https://startupwonders.com/startup-accelerators-in-india/
Serial.
No.
9 Cisco Launchpad Bangalore
Karnataka
m/showcase/cisco-launc
hpad/
https://launchpad.cisco.
com/c/r/launchpad/inde
x.html#~stickynav=7
10 V@C Viridian Accelerator New Delhi https://www.linkedin.co
m/company/vacaccelera
tor/
https://thevac.co/
11 Forge Accelerator Coimbatore
TamilNadu
m/company/forge-innov
ation-accelerator/
https://www.forgeforwar
d.in/
12 GHV Accelerator Gurugram
Haryana
m/company/ghvaccelera
tor/
https://www.ghvaccelera
tor.com/apply.php
28

Serial
No
13 Growth story Bangalore
Karnataka
https://pitchbook.com/p
roﬁles/investor/91436-9
5#overview
https://www.growthstory
.in/
14 GSF Global Accelerator New Delhi https://www.linkedin.co
m/company/gsf-india/?o
riginalSubdomain=in
https://gsfaccelerator.co
m/
15 Indigramlabs New Delhi https://www.linkedin.co
m/company/indigram-la
bs-foundation/
https://indigramlabs.org
/contact-us/
16 Indian Angel Network New Delhi https://www.indianangel
network.com/
https://www.indianangel
network.com/contact
29

Serial
No
17 JioGenNext Mumbai
Maharashtra
m/company/jio-gennext
/
https://www.jiogennext.
com/
18 Neoleap Guwahati https://www.linkedin.co
m/in/neoleap-1079b214
3/?originalSubdomain=i
n
https://www.neoleap.co
m/
19 Numa Global Accelerator Bangalore
Karnataka
m/company/linkinnovati
ons/
https://www.bengaluru.n
uma.co/
20 Startup Tunnel New Delhi https://www.linkedin.co
m/in/startup-tunnel-a52
39211b/
https://www.startuptunn
el.com/
30

Source File Link:
List of startup accelerated and accepted Verticals is
attached below
https://docs.google.com/document/d/e/2PACX-1vR
9wtuaCvsrH9EssU1bhcuwko5RrgsXodprJVM9rm8x_
RZmQPquenXix5794mvd1T5qlj0Ff8MMACFP/pub
31

Coworking spaces in India
What is a coworking space?
• Coworking space is an arrangement in which several
workers from different companies share an ofﬁce
space to work independently or in groups on
different topics.
•Coworking ecosystem has proved to be a booster
for technological growth and development.
32

Coworking spaces in North India
Listed below are some of the best coworking spaces found in North India :
Source File Link: https://www.startuphrtoolkit.com/list-of-top-coworking-spaces-in-india/#noida
NAME LOCATION FACILITIES
AVAILABLE
PROMINENT
CLIENTS
WEBSITE OTHER LOCATIONS
IN INDIA
Skootr Gurugram, Haryana ● Hi speed wifi
and lease line
● Cafeteria and
lunch room
● Printing and
photocopying
facility
❖ Inc 42
❖ India Today
❖ 99 acres
https://www.skootr.
com/about.php
Delhi, Gurugram,
Jaipur
Innov8 Connaught Place,
New Delhi.
● Unique
common areas
● Cleaning
services
● Onsite staff
❖ Swiggy
❖ RBL bank
❖ Vice Media
https://inc42.com Mumbai ,
Hyderabad,Bengalu
ru,Chennai, Pune ,
Gurugram
Smartworks Noida, Uttar
pradesh
● Tech enabled
office
● Ergonomically
designed
workspace
❖ Bacardi
❖ DHL
❖ EY
https://www.smartw
orksoffice.com/#
Bengaluru, Chennai,
Delhi-NCR, Kolkata
, Mumbai , Pune
33

AVAILABLE
PROMINENT CLIENTS WEBSITE OTHER
LOCATIONS IN
INDIA
Cowrks Hyderabad,
Telangana
● Mail and
package
handling
● Secure
Printing
● Fuel Bar
❖ Airbus
❖ Standard
Chartered
❖ Whatsapp
https://www.co
wrks.com/
Mumbai , Delhi
- NCR ,Chennai,
Bengaluru
Hive Chennai, Tamil
Nadu
● Partner
discounts
● Meeting
rooms
● Game lounge
❖ Designed
workspace
❖ Printing
❖ Phone Booth
https://www.hiv
eworkspaces.co
m/about-us
Pune,
Bengaluru,
Hyderabad
IndiQube Bengaluru ,
Karnataka
● Mailroom
● Meditation
room
● Concierge
desk
❖ Levis
❖ Cleo
❖ Bluestone
https://indiqube
.com/
Pune ,
Hyderabad,
Chennai, Noida
, Mumbai
Source File Link: http://www.naredco.in/notiﬁcation/pdfs/Co-working,%20%20Reshaping%20Indian%20Workplaces.pdf
https://www.startuphrtoolkit.com/list-of-top-coworking-spaces-in-india/
Coworking spaces in South India
Listed below are some of the best coworking spaces found in South India :
34

AVAILABLE
PROMINENT CLIENTS WEBSITE OTHER
LOCATIONS IN
INDIA
EasyDaftar Kolkata, West
bengal
● Laptop rental
● meeting room
● High speed
WIFI
❖ Zonopact
❖ Saslab
❖ Staples.in
https://www.easy
daftar.in/
NA
Regus Kolkata, West
bengal
● Access to
printers and
scanners
● Business
address and
mail handling
❖ Google
❖ Toshiba
❖ Glaxosmithkline
www.regus.com Noida , Delhi ,
Gurugram
Coworking spaces in East India
Listed below are some of the best coworking spaces found in East India :
Source File Link: https://www.startuphrtoolkit.com/list-of-top-coworking-spaces-in-india/ 35

AVAILABLE
PROMINENT
CLIENTS
WEBSITE OTHER
LOCATIONS IN
INDIA
91 Springboard Pune, Maharashtra ● Seamless
internet
● Bright open
workspaces
● Secure private
cabins
❖ Google
❖ Oyo rooms
❖ Indiamart
https://www.91spri
ngboard.com/
Goa,Delhi,Noida,
Gurugram,
Bengaluru,
Hyderabad
Red bricks Mumbai,
Maharashtra
● Wiﬁ
● Cafe lounge
● IT support
❖ Buzzfeed
❖ HDFC
❖ Viacom
https://redbrickofﬁc
es.com/coworking_
space/Mumbai/Sup
reme-Chambers/An
dheri-West
Pune , Hyderabad
Coworking spaces in West India
Listed below are some of the best coworking spaces found in West
India :
Source File Link: https://www.startuphrtoolkit.com/list-of-top-coworking-spaces-in-india/ 36

There are many other
coworking spaces in india
offering unique facilities
not only to foster business
growth but also to provide
mental and professional
well being to help startups
grow rapidly.
• Link for the list of other
coworking spaces in india
for your perusal is
attached below:
https://docs.google.com/spre
adsheets/d/1sY8iap7Skc2u1lx
EawzWtZL8Xrbb-ZQUnzF9FM
AtkNw/edit?usp=sharing
Source File Link:
https://www.startuphrtoolkit.com/list-of-top-coworking-spaces-in-india#hyderabad,https://cofynd.com/cow
orking/amigo-coworking-space-sector-8-a2cd-noida 37

Understanding MSME as per the Law:
● The Government of India has devised the Micro, Small
and Medium Enterprises Development (MSMED) Act,
2006.
Source: https://msme.gov.in/faqs/q1-what-deﬁnition-msme
38

In legal terms, the deﬁnition of micro, small and medium
enterprises can be best understood as:
Source : https://medium.com/@surekhashetty658/msme-registration-in-india-4b63686a2099 39

Start-ups that register as MSMEs can avail the following benefits:
● Benefits and incentives from the
banking sector, such as Priority
Sector lending where bank
sanctions loan at subsidized
rates basis the revenue model of
business. Additionally, startups
can get preferential treatment in
events of delays in repayment.
Source :
https://www.solvezy.com/blog/knowledge/what-benefits-do-start-ups-
get-on-registering-as-msmes/
40

Benefits for startups
registered as MSMEs
● Benefits from the state government for the
start-ups registered under the MSMED Act,
such as special assistance in terms of tax/tariff
subsidies, electricity exemptions, capital
investments, state licenses. They also get easy
approvals in fund applications from regulatory
institutions.
Source : https://www.solvezy.com/blog/knowledge/what-benefits-do-start-ups-get-on-registering-as-msmes/ 41

Benefits from the
central government
●Benefits from the central
government for the start-ups
registered under the MSMED
Act, such as tax exemptions,
easy collateral-free loans,
loans for their expansion and
technology advancement
Source :
https://www.solvezy.com/blog/knowledge/what-benefits-do-start-
ups-get-on-registering-as-msmes/
42

Start-ups registering as
MSMEs to avail
COVID relief
● In order to avail the relief
measures announced by the
Finance Minister under the
Aatmanirbhar Bharat Scheme,
start-ups have to register as
MSMEs on the Udyog Aadhaar
portal. They can avail are:
● ₹3 lakh crores of collateral free
loans
● ₹20,000 crore of subordinated
debt for stressed MSMEs
● SIDBI’s Fund of funds for MSMEs
with a corpus of ₹10,000 crore
Source :
https://www.solvezy.com/blog/knowledge/what-beneﬁts-do-start
-ups-get-on-registering-as-msmes/
43

Covid Relief for Startups
● Apart from this, the government has also announced several
incentives such as reserving government procurement
tenders up to ₹200 crore for domestic companies.
This makes start-ups eligible to participate in the tenders.
● Furthermore, MSME receivables from government and
public sector enterprises are cleared within 45 days.
44

One-stop-shop for the
MSMEs –
CHAMPIONS
● The Prime Minister, Narendra Modi,
launched the technology platform
CHAMPIONS (Creation and
Harmonious Application of Modern
Processes for Increasing the Output
and National Strength) to make the
smaller units big by solving their
grievances.
● This one-stop solution from the MSME
Ministry also aims to encourage,
support, help and handhold MSMEs in
the current scenario.
45

Objectives of CHAMPIONS:
● Grievance Redressal: To resolve the issues
faced by the MSMEs including finance, raw
materials, labour, regulatory permissions.
● Assistance in tapping new opportunities:
To help MSMEs capture new opportunities
in medical equipment and accessories
manufacturing, such as PPEs, masks, etc,
and facilitate them to supply in National
and International markets
● Identification and Encouragement to
MSMEs with potential: Those MSMEs who
are able to withstand the current situation
will be promoted to become national and
international champions.
● Start-ups registering as MSMEs can
benefit from this platform.
46

https://champions.gov.in/Government-India/Ministry-MSME-Portal-handholding/msme-problem-complaint
-welcome.htm 47

AATMANIRBHAR BHARAT FOR STARTUPs
Most of the start ups are eligible for additional
liquidity and funding under the 3 Lakh crore,100%
credit guarantee credit facilities under the
Aatmanirbhar Bharat Package
START UP INDIA SEED FUND SCHEME is comes
under the Aatmanirbhar Bharat. It has been
approved for the period of next four years starting
from 2021-2022
The Scheme aims to provide ﬁnancial assistance to
startups for proof of concept, prototype
development, product trials, market entry and
commercialization.
Source File
https://www.cnbctv18.com/economy/most-startups-eligible-for-relief-under-aatmanirbhar-bharat-piyush-goyal-6037871.htm
https://dipp.gov.in/
ELIGIBILITY CRITERIA
1. A startup, recognized by DPIIT, incorporated
not more than 2 years ago at the time of
application.
2. 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
3. Startup should not have received more than
10 Lakhs of monetary support under any other
Central or State Government scheme.
HOW TO APPLY
https://dipp.gov.in/sites/default/ﬁles/Guidelin
es-FundScheme-Startup-29January2021.pdf
48

SCHEMES TO SUPPORT FINANCIALLY STARTUPs
Source File Link: https://inc42.com/buzz/startup-scheme-indian-government-startups/
NAME OF THE
SCHEME
HEADED BY INDUSTRY
APPLICABLE
FISCAL INCENTIVE
(T&C APPLIED)
APPLY LINK
Multiplier granta
Scheme (MGS)
Department of
Electronics and
Information Technology
(Deity)
IT Services, analytics,
enterprise
software,technology
hardware
limited to a max of INR
2 Cr per project for
industry consortiums
these ﬁgures would be
INR 4 Cr and three
years.
https://www.meity.gov.
in/content/multiplier-gr
ants-scheme
The Venture Capital
Assistance Scheme
Small farmers’
agri-business
consortium
Agriculture The quantum of SFAC
venture Capital
Assistance will depend
on the project cost.
INR 50 lakhs
http://sfacindia.com/Pr
ocedure_For_VCA_Sch
eme.aspx
Credit Guarantee credit Guarantee fund
trust For Micro and
Small Enterprises
(CGTMSE)
Sector-agnostic Both term loans and/or
working capital facility
up to INR 100 lakhs per
borrowing unit are
being provided.
https://www.cgtmse.in/
49

Source File: https://inc42.com/buzz/startup-scheme-indian-government-startups/
NAME OF THE
SCHEME
HEADED BY INDUSTRY
APPLICABLE
FISCAL INCENTIVE
(T&C APPLIED)
APPLY LINK
Aspire- Scheme for
Promotion of
innovation,Entreprene
urship, and
agro-industry
Steering Committee,
Ministry of MSME
Agriculture, Pets &
animals , social impact,
healthcare and Life
science
Based on the nature of
??
https://msme.gov.in/si
tes/default/ﬁles/MSME
-ASPIRE-FINALBOOK.
pdf
NewGen Innovation
and Entrepreneurship
Development Centre
(NewGen IEDC)
NewGen Innovation
and Entrepreneurship
Development Centre
(NewGen IEDC)
Chemicals, technology
hardware, healthcare,
Food and Beverages,
Pets & animals.
The NSTEDB startup
Scheme will provide a
limited, one time,
non-recurring ﬁnancial
assistance, up to a max
INR 25 Lakhs.
http://www.nstedb.co
m/institutional/edc.ht
m
Stand Up India Small Industries
Development Bank of
India (SIDBI)
Sector-agnostic Composite loan
between INR 10 Lakhs
and INR 1 Cr to cover
75% of the project.
https://www.standupm
itra.in/Home/SUISche
mes
50

Source File :https://inc42.com/buzz/startup-scheme-indian-government-startups/
NAME OF THE
SCHEME
HEADED BY INDUSTRY
APPLICABLE
FISCAL INCENTIVE
(T&C APPLIED)
APPLY LINK
Pradhan Mantri Mudra
Yojana (PMYY)
Micro Units
DEvelopment and
Reﬁnance Agency Ltd.
(MUDRA)
Sector-agnostic Shishu: covering loans
upto INR 50,000/-
Tarun: covering loans
above INR 5 Lakhs and
upto INR 10 lakhs
https://www.mudra.or
g.in/Offerings
Startup assistance
Scheme
Small Industries
Development Bank of
India (SIDB)
Sector-agnostic The ﬁnancial
assistance provided is
need-based, subject
to a max of INR 200
Lakhs and equity
kicker.
https://www.sidbi.in/
Scale-up Support to
Establishing Incubation
Centres
NITI Aayog Chemicals, technology
hardware, healthcare,
Food and Beverages,
Pets & animals.
Internet of Things.
Grant-in-aid support of
INR 10 cr will be
provided in two annual
instalments of INR 5 Cr
each.
http://niti.gov.in/
51

Source File: https://inc42.com/buzz/startup-scheme-indian-government-startups/
NAME OF THE
SCHEME
HEADED BY INDUSTRY
APPLICABLE
FISCAL INCENTIVE
(T&C APPLIED)
APPLY LINK
National Awards
(Individual MSEs)
Office of the
Development
Commissioner (MSME)
Sector-agnostic The Selected National award
is facilitated with a cash prize
of INR 1 Lakh, INR 75,000,
INR 50,000 in order of
ranking.
http://www.dcmsme.g
ov.in/
Revamped Scheme of
fund for regeneration
of traditional
National Small
industries Corporation
(NSIC)
Sector-agnostic Funds limited to a max of
INR 8 Cr to support soft
fund, hard and thematic
interventions are provided.
https://msme.gov.in/si
tes/default/files/SFURT
I_GUIDELINES_REVISE
D.pdf
Credit linked Capital
subsidy for
Technology
upgradation
Office of the
Development
Commissioner
Sector-agnostic Ceiling on loans under the
scheme has been raised
from INR 40 Lakhs to INR
1Cr while the rate of subsidy
has been enhanced from
12% to 15%
http://www.dcmsme.g
ov.in/schemes/SCLCS_
FOR_TU_SSI_UNITS.p
df
52

Source File https://inc42.com/buzz/startup-scheme-indian-government-startups/
NAME OF THE
SCHEME
HEADED BY INDUSTRY
APPLICABLE
FISCAL INCENTIVE
(T&C APPLIED)
APPLY LINK
Atal Incubation
Centres (AIC)
Atal Innovation Mission
(AIM)
Nanotechnology,
Social impact, Food &
Beverages, Pets &
animals, Textiles &
apparel.
AIM will provide a
grant-in-aid of INR 10
Cr to each AIC for a
max of ﬁve years.
https://niti.gov.in/
4E (End to End Energy
Efﬁciency)
Small Industries
Development Bank of
India (SIDBI)
Sector-agnostic Up to 90% of the
project cost with min
loan amount of INR 10
Lakhs and max loan
amount not to exceed
INR 150 Lakhs
https://www.sidbi.in/e
n
SPARSH (Social
Innovation Programme
for
Products:Affordable &
RElevant to Societal
Health)
Biotechnology Industry
Research Assistance
Council (BIRAC)
Healthcare & Life
sciences
The loan and grant are
provided according to
the startup stage.
https://birac.nic.in/
53

Source File :https://inc42.com/buzz/startup-scheme-indian-government-startups/
NAME OF THE
SCHEME
HEADED BY INDUSTRY
APPLICABLE
FISCAL INCENTIVE
(T&C APPLIED)
APPLY LINK
Single Point
Registration Scheme
(SPRS)
National Small
Industries Corporation
(NSIC)
Sector-agnostic The eligible micro and
small enterprises will get an
exemption from payment
of Earnest Money Deposit
(EMD)and issued tender
sets free of cost.
http://www.nsicspronli
ne.com/home.aspx
Dairy Entrepreneurship
Development Scheme
National Bank for
Agriculture and Rural
Development
Agriculture, Pet
and animals,
social impact,
food & Beverages
Back-ended Capital
subsidy subject to the
applicable ceiling is
provide to the eligible
stakeholders.
https://www.nabard.or
g/content1.aspx?id=5
91&catid=23&mid=53
0
Rapid Grant for Young
Investigator (RGYI)
Department of
Biotechnology
Healthcare and
Life sciences
Up to INR 50 Lakhs for
research projects with a
commercialisation potential
with duration of up to 18
months are provided.
https://www.scholarshi
psinindia.com/fellowsh
ip/rapid_grant_for_you
ng_investigators_RGYI.
html
54

LABOUR LAWS
• In today’s environment, we have more startups and entrepreneurs than ever
before. However, many startups do not reach their full potential due to limited
guidance and access.
• One of the many challenges facing any entrepreneur or organisation is that while
the economy and the working culture in many places have progressed with times,
the rules governing employment, beneﬁts and terminations have often been
drafted a long years back.
• While most of these laws & acts have undergone amendments to make current
certain key provisions, there still does not exist a labour law framework which is
suitable for the current times. 55

The Ministry of Labour & Employment, with the aim to support & promote the
Start-Up and encouraging entrepreneurs in setting up new start-up issued an advisory
as follows:
● Start-ups shall be allowed to self-certify compliance (through the Startup mobile
app) with nine labour and environment laws. In case of labour laws, no inspections
will be conducted for a period of three years from the date of incorporation of the
start-up venture.
● For the ﬁrst year from the date of starting the start-up, no inspection under the
labour laws will take place.
56

● From the second year onwards, up to third year from the setting up of the units,
the start-up are required to furnish self-certified returns which will only be
inspected if a credible / verifiable complaint of violation is filed in writing and
approval has been obtained from the higher authorities.
● In the case of environment laws, Startups which fall under the ‘white category’ (as
defined by the Central Pollution Control Board (CPCB)) would be able to
self-certify compliance, and only random checks would be carried out in such
cases.
Source File
Link:https://www.mondaq.com/india/employee-rights-labour-relations/638262/relaxation-from-labour-law-complianc
es-for-start-up-ventures
57

Concessions provided to Start-ups
The list of the six labour laws which are included in the Ministry's advisory for
exemption from compliance:
● The Building and Other Constructions Workers’ (Regulation of Employment and
Conditions of Service) Act, 1996
An Act to regulate the employment and conditions of service of building and other
construction workers and to provide for their safety, health and welfare measures.
58

● The Inter-State Migrant Workmen(Regulation of Employment and Conditions of
Service) Act, 1979
This Act makes provision for availing with the onsite services of interstate workers by
the contractors / establishments to overcome only the temporary shortage of
required skilled workers in a state.
● The Payment of Gratuity Act, 1972
The employer has to pay gratuity to an employee upon the termination of service,
provided he has done a continuous service of 5 years or more.
59

● The Contract Labour (Regulation and Abolition) Act, 1970
This Act tells that the principal employer is responsible for adequately providing the
following to the contract labour: Rest rooms & washing facilities, First aid facilities,
Timely and complete payment of wages.
● The Employees’ Provident Funds and Miscellaneous Provisions Act, 1952
This act provides for the compulsory contribution towards a fund for the future of an
employee after his retirement. EPF contributions are mandatory for employees drawing
less than Rs. 15,000 per month.
● The Employees’ State Insurance Act, 1948
This Act is to provide certain beneﬁts to employees in case of sickness, maternity and
employment injury, and to make provisions for certain other matter to it
Source File
Link::https://blog.ipleaders.in/labour-law-compliances-startups-india/#:~:text=Startups%20shall%20be%20allowed%20to,nine%20labour%
20and%20environment%20laws.&text=Startups%20may%20be%20inspected%20on,senior%20to%20the%20inspecting%20officer
60

Reasons to give concessions to startup
● This advisory does not exempt start-up from the scope of compliance of labour
laws but the purpose of this advisory to make startup motivated to be
self-complied and fulﬁll adherence to the rule of law.
● Also, the exemptions allow some time for the new entrepreneurs to get familiar to
the labour laws and their implementing authorities.
● All such beneﬁts do actually boost the start-up sector and the existing labour laws
are changed further to address the issues of the present times and make provision
for future.
Source File Link::
https://vikaspedia.in/social-welfare/entrepreneurship/startup-india-1/concessions-to-startups-regarding-labour-laws
61

Intellectual property rights (IPR) and startups
Intellectual Property means the creation of some tangible asset with respect to business and its operations. It primarily
encompasses Trade marks, Copyrights. Each category of IPR protects a different group of properties and work, therefore
choosing the right category is required.
• Unless a startup protects its patents, designs, and trademarks using Intellectual Property Rights, its rivals can copy them
and steal market share.
• Making it difﬁcult for the originator of the idea to beneﬁt from it. Hence patenting technologies and ideas are vital to the
success of a startup.
• Intellectual Property Rights are an important reason for the vast innovation around us.
• Disruptive startups are challenging incumbents with patented technology ideas. Intellectual Property Rights are also an
important reason behind the success of the Indian startup ecosystem.
Source File Link: 1) https://www.startupindia.gov.in/content/sih/en/reources/startup_india_notes/industry_insights/protecting_Intellectual_Property_using_IPR.html
2)https://inc42.com/resources/intellectual-property-protection-crucial-startups/#:~:text=Unless%20a%20startup%20protects%20its,them%20and%20steal%20market%20sh
are.&text=Intellectual%20Property%20Rights%20allows%20a,companies%20after%20patenting%20its%20invention.
62

The prime areas of intellectual property which are of utmost importance for any startup
venture are as follows:
● Trademarks
● Patents
● Copyrights and Related Rights
● Industrial Designs
● Trade Secrets
For more information: https://www.mondaq.com/india/trademark/456442/intellectual-property-rights-ipr-for-startups
OUTCOME
● 5,020 patent applications have been filed
● 1,170 patent applications filed for expedited examination by Startups; of these 884
applications have been examined and 459 patents have been granted
● 12,264 trademark applications have been filed
● 510 patents and designs facilitators and 392 trademarks facilitators empanelled under
the scheme
Source File Link:https://www.startupindia.gov.in/content/dam/invest-india/Templates/public/5_years_Achievement_report%20_%20PRINT.pdf ( Page 14 of 140) 63

LIST OF FACILITATORS
Source File Link: https://ipindia.gov.in/Facilitators-Patents.htm
S.no NAME Patent agent
no:
Continued in the
register
Area of
specialization*
(as declared by
the facilitator)
Postal Address* (as
declared by the
Facilitator)
Email (as
provided by
the facilitators)
Phone
1. Abhishek
Magotra
1517 2034 Mechanical CG‐1/1804, CT,
Supertech, Sector ‐
74, Noida ‐
201301.
abi.magotra@g
mail.com
9891809068
2. Adv. Jinisha
Shah
1853 2017 Chemistry,
Biotechnology
B‐305, Malanai
Nivas NLX Rd,
Malad (w) Mumbai
64
jinishaster@gm
ail,com
9987650783
3. Anuradha Gupta 1514 2030 Chemistry DDA Flat No 4, D,
Pocket‐2 Sector‐6
Dwarka, New Delhi
110075.
anuradha_sgi@
yahoo.in
9213764385
4. Ayush Sharma 1348 2023 Electronics,
Electrical,
Mechanical,
Alternate
Energy,
B‐21,Golf View
Apartments, Saket,
New Delhi 110017
ayushmancham
bers@gmail.co
m
9899096069
64

Fee structure and Scheme for facilitating SIPP (Startups
Intellectual Property Protection)
The fee payable for startup on the application for a patent is INR 1600.
Start-ups Intellectual Property Protection (SIPP) scheme launched by Government of India, facilitates the start-ups to file
applications for patents, designs and trademarks through registered facilitators in appropriate IP offices by paying only
the statutory fees.
NRDC as a facilitator:
● Providing general advisory on different intellectual property on pro bono basis
● Providing information on protecting and promoting IPRs to startups in other countries on pro bono basis
● Drafting provisional and complete patent specifications for inventions of start-ups
● Preparing and filing responses to examination reports and other queries, notices or letters by the IP office
● Appearing on behalf of start-up at hearings, as may be scheduled,
● Ensuring final disposal of the IPR application.
NRDC has supported more than 14 start-ups under this scheme.
Source File Link:
https://ipindia.gov.in/writereaddata/Portal/News/323_1_Scheme_for_facilitating_start-ups.pdf
http://ipindia.gov.in/writereaddata/Portal/IPOFormUpload/1_11_1/Fees.pdf
http://www.nrdcindia.com/NationalProjectDetail/4#:~:text=Start%2Dups%20Intellectual%20Property%20Protection%20(SIPP)%20scheme%20launched%2
0by,paying%20only%20the%20statutory%20fees.
65

Patents and startups- Norms
The rules for a patent are given below from which an entity can distinguish itself as patentable -
1. A Private Limited company as defined in the Companies Act, 2013 or a registered partnership firm
registered under section 59 of the Partnership Act, 1932 or a limited liability partnership under the
Limited Liability Partnership Act, 2002.
2. Registered or incorporated within the last five years.
3. The turnover in the last five years should be less than INR Twenty five crores (USD 3787878 at
conversion rate of USD 1 = INR 66) in each financial year.
4. Formed without splitting up or reconstructing a business, which was already in existence.
5. Able to Provide evidence in support of the above listed criteria to be recognized as start-up-
registration or incorporation certificate, and Balance sheet/Income tax acknowledgment for the
corresponding years.
6. Working towards innovation, development, deployment or commercialisation of new products,
processes or services driven by technology or intellectual property.
Source File Link:https://www.invntree.com/blogs/qualifying-as-a-start-up-as-per-the-indian-patent-rules
Inventions which are not patentable- ( Page 17 of 34)
http://ipindia.gov.in/writereaddata/images/pdf/oatent-office-procedures.pdf 66

Benefits of patents in startups
➔ Ensures exclusivity in the market
➔ Increases the financial valuation of the company
➔ Offers opportunities to gain licensing revenues
➔ Comes with various business development and marketing advantages.
➔ Self certification under Labor and Environmental laws
➔ Protects intellectual property for 20 years. After 20 years, technology goes to
public domain.
Source File Link:
https://www.electronicsb2b.com/eb-specials/leading-organisations/why-filing-patents-is-important-for-startups
https://quickbooks.intuit.com/in/resources/starting-up/startup-india-scheme/
http://ipindia.gov.in/writereaddata/images/pdf/oatent-office-procedures.pdf (page 4 of 34)
67

Process of patenting
1) Filing of
patent
application
2) Publication
after 18
months
3) Pre Grant
Opposition
/Representation
by any person.
4) Request for
examination
8) Decision By
Controller
7) Post Grant
Opposition to
grant of
patent
6) Publication
of Grant of
patent
5) Examination:
Grant or
Refusal
Source File Link: http://ipindia.gov.in/writereaddata/images/pdf/oatent-ofﬁce-procedures.pdf 68

Addresses of patent offices
S.no NAME DESIGNATION ADDRESS PHONE NO: EMAIL
1) Shri N R Meena Joint Controller of
Patents & Designs
Head of Office -
Patents
Intellectual
Property Office
Building,
Plot No. 32, Sector
14, Dwarka,
New Delhi-110078
+91-11-2530020
7
delhi-patent@nic.in
2) Sh. NK Mohanty Deputy Controller of
Patents & Designs
Boudhik Sampada
Bhawan, Antop
Hill,
S. M. Road,
Mumbai - 400 037.
022- 24153651,
24148165
mumbai-patent@nic.in
3) Shri S.
Thangapandian
Deputy Controller of
Patents & Designs and
Head of Office
Patent Office
Intellectual
Property Building
G.S.T. Road,
Guindy,
Chennai-600032
044-22505242 chennai-patent@nic.in
4) Sh. Sanjay
Bhattacharya
Deputy Controller of
Patents & Designs
Intellectual
Property Office
Building,
CP-2 Sector V, Salt
Lake City,
033-23679101,
033-23671987
kolkata-patent@nic.in
Source File Link:https://ipindia.gov.in/address-of-patents-offices.htm
69

IDENTIFIED SECTORS AND SUB SECTORS
70

Industry 4.0 - INTERNET OF THINGS
(STARTUPS)
MapmyIndia: MapmyIndia provides digital map data,
navigation, tracking, and LBS products, and GPS,
GIS-based systems integration services. Its product
range includes portable GPS navigator devices,
in-dash navi-tainment systems, mobile apps and
printed maps; books, among others. The company
also offers marketing tools for retailers and shipping
solutions for e-tailers. Founded in 1992 and Funding of
USD 34M .
Website: https://www.mapmyindia.com/
Linkedin Proﬁle: https://www.linkedin.com/company/mapmyindia
Source File
https://tracxn.com/explore/Internet-of-
Things-Startups-in-India
Stellapps: Stellapps Technologies provides end to end
farm optimization and monitoring solutions for
farmers.hey provide platform SmartMoo, which
gathers data via sensors that are embedded in milking
systems, animal wearable, milk chilling equipment, and
provides management of cattle, organization of dairy
farms, and for logistics management.Founded in 2011
in bangalore and funding of USD 18.8M.
Website: https://www.stellapps.com/
Linkedin proﬁle:
https://www.linkedin.com/company/stellapps-technologies-private-li
mited
71

Industry 4.0 - 3D PRINTING (STARTUPS)
Source File
https://yourstory.com/2018/07/3d-printing-startups-m
aking-inroads-manufacturing-sector
Fracktal Works: This Bengaluru-based startup was
founded by Vijay Raghav Varada and Rohit Asil in 2014.
The company was incubated under Manipal University
Technology Business Incubator.It provides an array of
3D printing services and 3D printers, which work across
a variety of materials.Founded in 2013 with funding of
USD 3M.
Website: https://fracktal.in/
Linkedin proﬁle : https://www.linkedin.com/company/fracktal-works/
3Dexter: Founded by seven individuals in 2015 and
based out of Delhi, this startup has taken a different
route in 3D printing. It provides experiential learning
processes at the grass-root level through 3D Printing
Technology. It has also designed a 3D printing
curriculum for the schools in sync with the 3Dexter labs
setup in schools. Funding of USD 150K.
Weblink : https://3dexter.com/
Linkedin proﬁle: https://www.linkedin.com/company/3dexter/
72

Industry 4.0 - AUGMENTED REALITY PRODUCT/ WEARABLES
Source File
https://startuptalky.com/ar-startu
ps-india/
3rdFlix: 3rdFlix offers augmented reality-based
educational resources for students. Provides video
content, interactive models and games. Utilizes reality
technologies such as AR, VR, and MR. Founded in
2018 in hyderabad with funding of USD 9M.
Website: https://3rdflix.com/
Linkedin Profile:
https://www.linkedin.com/company/3rdflix/
SmartVizX : SmartVizX is one of the best solutions
provider companies in the AEC(architecture,
engineering, and construction) industry. SmartVizX
creates an interactive virtual environment for
experiencing arenas and spaces that haven't even
been physically built. It currently focuses on building a
virtual environment for the real-estate & design
industry.Founded in 2015 in noida with funding of 3M.
Website: https://smartvizx.com/
Linkedin profile:
https://www.linkedin.com/company/smartvizs-pvt-ltd-/
73

Industry 4.0 - COMPUTER VISION- (Startups)
Source File
https://www.analyticsinsight.net/30809-2/
PLAYMENT: It focuses on building data for computer
vision models that assist other companies that
specialize in building autonomous vehicles, drones, and
similar devices that necessitate high precision and
accuracy.Apart from annotation, its services include
transcription, content moderation, text analysis, and
data collection.Founded in 2015 and headquarter is in
bangalore.
Website : https://playment.io/
Linkedin profile:
https://www.linkedin.com/company/playment/?originalSubdomain=in
INTELLO LABS : Intello Labs provides expertise in
computer vision, solutions to help farmers and
other people whose livelihood depends on
agricultural practices. Its Artificial Intelligence
platform, objectively grades farm produce on the
basis of color, size, and visual defects Its’ Handheld
NIR scanner can detect Brix, pH levels, TSS, dry
matter, moisture, pesticide residue. Founded in
2016 in gurugram.
Website: https://www.intellolabs.com/
Linkedin profile: https://www.linkedin.com/company/intellolabs/
74

Industry 4.0 - ROBOTICS- (Startups)
.
Source File
https://www.analyticsinsight.net/top-10-robo
tics-startup-companies-india-september-2020
/
GREYORANGE :This start-up creates robots for the
warehousing and automation space, i.e. it designs,
manufactures and deploys advanced robotics systems
for automation at distribution and fulfillment centers. Its
flagship product, the ‘Butler System’, is a high-tech
material-handling system that simultaneously improves
speed, accuracy, productivity and flexibility.
Weblink: https://www.greyorange.com/
Linkedin Profile:
https://www.linkedin.com/company/gogreyorange/
SASTRA ROBOTICS: This start-up builds and delivers
Robotic solutions for human-like automated
functional testing of real physical devices. he
company is into building mobile robots, telepresence
robots, robot interfacing and simulation software,
robot APIs, open-source robotic libraries and a
prosthetic robotic arm.
Weblink : https://sastrarobotics.com/
Linkedin Profile:
https://www.linkedin.com/company/sastra-robotics-india-
pvt-ltd/
75

PROCUREMENT BY GOVERNMENT
● Public procurement refers to the process by which govt and state owned
enterprises purchase goods and services from the private sector.
● Public procurement (government tenders) can also present useful pilot
opportunities for startups that have not yet been able to gain traction in
the private sector.
● Opening government tenders up to startups improves the choices
available to government bodies since startups are often more agile than
corporate vendors and can provide cheaper, more innovative products
and services.
Source File Link:
https://www.startupindia.gov.in/content/sih/en/public_procurement.html#:~:text=What%20is%20Public%20Procurement%3F,services%20fr
om%20the%20private%20sector.
76

EASING PUBLIC PROCUREMENT
• With an aim to involve startups in public procurement, all Startup India
recognised entities are exempted from submission of Earnest Money
Deposits (EMD)/ Bid Security under public procurement, thereby addressing
a substantial barrier of capital locking while participation in tendering
processes
• Relaxation in conditions of prior turnover and prior experience for DPIIT
recognised startups in public procurement subject to meeting of quality and
technical speciﬁcations have further enabled competition with established
ﬁrms.
Source File Link: https://www.startupindia.gov.in/content/dam/invest-india/Templates/public/5_years_Achievement_report%20_%20PRINT.pdf
77

EASING PUBLIC PROCUREMENT
Screenshot taken from Pg 28 of 140 pg PDF, link of which has been given below
Source File Link: https://www.startupindia.gov.in/content/dam/invest-india/Templates/public/5_years_Achievement_report%20_%20PRINT.pdf
78

WHAT IS GeM AND HOW CAN IT HELP YOUR STARTUP?
• Government e Marketplace (GeM) is an online procurement platform for
government ministries and departments, and the most widely used channel for
public procurement in India. MSMEs, DPIIT recognised startups and other
private companies can register on GeM as sellers and sell their products and
services directly to government entities.
• In order to promote inclusiveness, all DPIIT recognized Startups have been
provided functionality to list their products and services on GeM portal.
• The portal provides exemption to Startups from criteria of ‘prior experience’,
‘turnover’ and ‘submission of EMD’ to provide equal opportunity to young
entrepreneurs.
• For more information visit https://gem.gov.in/
Source File Link:
https://www.startupindia.gov.in/content/sih/en/public_procurement.html#:~:text=What%20is%20Public%20Procurement%3F,services%20from
%20the%20private%20sector. 79

WHAT IS CPP?
• Central Public Procurement Portal (CPPP) is the Government of India’s
portal that facilitates all the Central Governments Departments,
Organizations, Autonomous Bodies, and CPSEs to publish their NIT,
tender inquiries, contract award details and their corrigenda.
• The primary objective of this portal is to provide single point access to
the information on procurements made across various Ministries /
Departments and all the organizations under them. Startups can now
register on CPPP and become Preferred Bidders in Public Orders and
get exemptions on prior experience, prior turnover and earnest money
deposit requirements on the website
• A free and fair environment provides the startups with a level playing
ground amongst other competitors.
Source File Link:
https://www.startupindia.gov.in/content/sih/en/public_procurement.html#:~:text=What%20is%20Public%20Procurement
%3F,services%20from%20the%20private%20sector. 80

TYPES OF PROCUREMENT
GOODS
Tangible Goods: All articles, material,
commodity, livestock, furniture, raw material,
spares, instruments, machinery, equipment,
industrial plant, vehicle, aircraft, ships,
medicines, railway rolling stock, assemblies,
subassemblies, accessories, a group of
machineries comprising of an integrated
production process or such other categories of
goods
Intangible goods: Software, Technology
transfer, licenses, patents or other intellectual
properties purchased etc.
SERVICES
Consulting: Non- physical project specific,
intellectual and procedural process where
outcomes (deliverables would vary from one
consultant to another) including professional,
intellectual training and advisory services or
any other service classified or declared as such
by a procuring entity.
Non-Consulting: Physical, measurable
deliverables/ outcome, where performance
standard can be clearly identified and
consistently applied.
Source File Link:
https://www.startupindia.gov.in/content/dam/invest-india/Templates/public/Startup%20Guide%20to%20Public%20Procurement.pdf
81

DO’S
DO’S AND DON’TS TO KEEP IN MIND WHILE APPLYING
FOR TENDERS
• Stick to the formats given in the
RFP/EOI for submission of
information
• Submit the documents in the
manner mentioned in the RFP/ EOI
(Physical or Electronic)
• Attend the pre-bidding meeting
and seek clariﬁcations
• Read the contract carefully before
entering into one. Seek legal
opinion if required.
DON’TS
• Don’t submit too much irrelevant
information
• Don’t share bids or any price
sensitive information over email
• Don’t keep lengthy and difﬁcult
presentations. Keep it simple.
Source File Link:
https://www.startupindia.gov.in/content/dam/invest-india/Templates/public/Startup%20Guide%20to%20Public%20Procurement.pdf
82

BENEFICIARIES
This quote has been taken from Pg 30 of the following PDF
https://www.startupindia.gov.in/content/dam/invest-india/Templates/public/5_years_Achievement_report%20_%20PRINT.pdf
“After ﬁnishing many years of research and innovations in the water sector, I
planned to work as a social entrepreneur for eradicating clean water challenges
in rural and sub-urban India. As a start-up company, I was initially worried to
conduct business in India. However, Startup India program of Government of
India helped me a lot and changed my vision and attitude with positivity. Today,
I am elated and proud to say that H2O Mantra is grown up, providing
employment to many people and contributing steadily to the growth of India by
doing business through GeM, a startup friendly interface which provides us easy
and open access to customers across the country. Through the guidance of
Startup India Program, H2O Mantra was registered on GeM portal in July 2018
and it has successfully completed sale of Rs 1.33 Crore till date through the
GeM portal.”
-Dr Shailesh Kharkwal, Founder & CEO, H2O Mantra Pvt Ltd
83

BENEFICIARIES
This quote has been taken from Pg 30 of the following PDF
https://www.startupindia.gov.in/content/dam/invest-india/Templates/public/5_years_Achievement_report%20_%20PRINT.pdf
“We are a recognised startup by the Government of India and received financial assistance
on the patent we filed for our unique technology. We were also given relief from various
labour laws during the early stage to ensure that we spend most of our time and energy on
bringing our innovation to life. Under the Startup India initiative, we got the opportunity to
meet various officials from multiple Ministries to advocate for changes in rules and
regulations and create a robust eco system for clean-tech ventures like ours. This ensured
that our efforts were aligned to the larger objectives of the government and we could play a
meaningful role in the development of the country. We are also the beneficiaries of the
Startup portal on Government e-Marketplace (GeM)
With the funding round led by IAN Fund in April 2019, we have been able to create over 70
jobs in the manufacturing sector and also build intellectual property to contribute towards
India’s growth and prosperity
There are multiple other benefits we have received under the Startup India scheme and
congratulate the revolutionary measures taken by the Government of India.”
- Kushagra Srivastava, Chakr Innovation
84

Startup Hubs In India
A Startup hub is a place where a startup can learn, know,
and grow. A startup failure rate is very high. and there is a high chance
that 90% of the startups going to fail. These numbers indicate that startup
needs a friendly ecosystem where it can grow with all the easily available
resources.
If a Startup is a rocket then the Startup hubs are their fuel.
Ideal startup hubs have the following characteristics:
1.Easily available human resources.
2.Access to like-minded movers and shaker
3.Attractiveness to angel investor and VCs
Source File Link: https://vitaminentrepreneur.com/top-3-startup-hubs-in-india-2020/ *The Data for top Unicorns in the hub is taken from:
https://www.ventureintelligence.com/Indian-Unicorn-Tracker.php and the link is also attached with the text. 85

Delhi & NCR has many incubators and accelerators run by
corporate, government, educational institution and VCs.
Growth of Gurgaon and Noida has put Delhi & NCR on the top
list of startup hub of India.
Delhi & NCR has many creative and energetic individuals who are
making a successful story for many startups.
There are many VCs and Angel Investor pumping the growth of a
variety of startup with their money and guidance.
Source File Link: https://vitaminentrepreneur.com/top-3-startup-hubs-in-india-2020/ and http://pgc.delhi.gov.in/sites/default/ﬁles/startup.PDF
Delhi NCR
Capital Hub of 7000+ Startups
Top Unicorn in the Hub:
1. Paytm - 16 Billion
2. Oyo - 10 Billion
3. Snapdeal - 6.5 Billion
4. Zomato - 3.9 Billion
Exclusive features of the Hub:
1. Top Institutes Like IIT,FMS etc
2. Robust Metro Facilities
3. Favourable Startup Policies
4. Better Infrastructure
5. High Per Capita Income
86

Mumbai, a city of dreams and the ﬁnancial center of India has
seen many startups born and grow in and out of it.
A huge number of smart and passionate human resources and
VCs in the city make Mumbai a perfect place for Startup to
grow.
A startup can leverage the huge consumer base of Mumbai.
The State supports development of incubators on a Private,
Public or Public-Private Partnership (PPP) mode in collaboration
with higher educational and R&D institutions, and the corporate
sector.
The State collaborates with national and international
accelerators and incubators to develop facilities.
Source File Link: https://vitaminentrepreneur.com/top-3-startup-hubs-in-india-2020/ and https://www.startupindia.gov
Mumbai
Land of 9000 Startups and Growing….
Exclusive Features of the Hub:
1. Greater Connectivity
2. Presence of VC’s
3. Many Co-Working Spaces
4. Safety of Women
5. Powai Valley and IIT Bombay
Top Unicorns in the Hub:
1. Dream 11 - 2.5 Billion
2. Naykaa - 1.2 Billion
3. Bill Desk - 1.1 Billion
4. Citius Tech - 1 Billion
87

Hyderabad is one of the growing startup hubs in India. The
government of the Telangana is a key player in making a startup
ecosystem more fertile.
The establishment of T-hub gave a boost to startups.
The big institutes such as IIITH, ISB and BITS provides good access
to bright talents and experts of different ﬁelds.
The State Government is vesting time and money in organizing and
setting up conferences, hackathons, state initiatives, and
development centres—everything geared towards making
Hyderabad synonymous with entrepreneurship. It is even slackening
on policies and procedures to showcase the city as a favorable
incubator!
Source File Link: https://vitaminentrepreneur.com/top-3-startup-hubs-in-india-2020/ and https://www.startupindia.gov.in/
Hyderabad
Hosting 4000+ startups and Adding new Everyday
Top Unicorns in the Hub:
1. Zenoti - 1 Billion
Exclusive features of the Hub:
1. Best Infrastructure
2. Huge talent pool of IT, BT
3. Cheap Real Estate prices
4. Progressive Bureaucracy
5. Favourable IT policies
88

Bengaluru is country’s one of the biggest IT hubs in India. Today,
every startup is technology-driven and they need IT, professionals,
to build, maintain and improve their idea. Bengaluru has a huge
pool of technology talent.
Bengaluru also attracts eyeballs of angel investor and VCs because
of a high density of startups. Bengaluru will remain the silicon valley
of India for the years to come
As per the Global Startup Ecosystem Ranking Report
2015,”Bangalore is home to approximately 3,100 to 4,900 active
tech startups and has achieved the second highest growth rate for
exit volume and VC investment among the top 20.
Source File Link: https://vitaminentrepreneur.com/top-3-startup-hubs-in-india-2020/ and https://startup.karnataka.gov.in/docs/Startup_Policy_Karnataka.pdf
Banglore
Unicorns in the Hub:
1. Flipkart - 21 Billion
2. Byju’s - 10.8 Billion
3. Ola - 6.4 Billion
4. Swiggy - 3.6 Billion
Home to 7700 Startups and Counting…….
Exclusive Features of the Hub:
1. Large pool of IT Companies
2. R&D Houses and Technocratic
Power
3. High Density of Investors
4. Meet ups and Tech. events
5. Cost of Living
89

Who can register with startup India? An entity incorporated as a Private Limited Company, Partnership Firm or a
Limited Liability Partnership can register themselves under the startup India scheme. The annual turnover of these
business entities should not exceed 100 crores, and they should have been in existence for up to ten years from
the date of its incorporation/ registration. Such an entity should be working towards innovation, development or
improvement of products or services or processes.
What are the benefits of signing up with startup India?There are a number of benefits startups receive by the
Startup India Scheme. Nevertheless, in order to avail these benefits, an entity is needed to be set up by the DPIIT
as a startup.Startups are allowed to self certify their compliance for six labour laws and three environment laws.
This is allowed for a total period of five years from the date of incorporation/registration of the entity. Startups are
allowed a three-year tax exemption and the best intellectual property services and resources solely built to help
startups protect and commercialise their IPRs.
Source File Link:https://cleartax.in/s/7-steps-to-register-your-startup-in-startup-india
FAQs (frequently Asked Questions)
for Startups Registration in India
90

What kind of business structure should I choose for my startup?The most preferred business structures for a startup are Private
Limited companies and LLPs. A Private Limited company is legally recognized and generally favoured by investors. However, it has
stricter compliance and may have a higher cost of incorporation.Whereas incorporation cost is lower for LLPs and they tend to have
relaxed compliance in comparison to Pvt. Ltd. Co. In addition to that, LLPs have limited liabilities and are equally recognised by
investors and all over the world.
Can a foreign company register under the Startup India hub?Any entity that has at least one registered ofﬁce in India can register
itself on the hub, since the location preferences, for the time being, are only created for Indian states. However, soon the
government hopes to start registrations for stakeholders from the global ecosystem too.
For how long is a company recognised as a startup?Any business entity that has completed 10 years from the date of its
incorporation/registration, and has exceeded the previous years turnover of 100 crores shall stop to be a startup on completion of
10 years from the date of its registration/incorporation.
Can an existing entity register itself as a “Startup” on the Startup India Portal?Yes, as per the law an existing entity can register
itself as a startup, provided that it meets the prescribed criteria for a startup. They will also be able to avail various tax and IPR
beneﬁts that are available to startups. The criteria are the same as those mentioned in the article above.
Source File Link:https://cleartax.in/s/7-steps-to-register-your-startup-in-startup-india
91

FAQ Related to Patents
1. What is a Patent?
A Patent is a statutory right for an invention granted for a limited period of time to the patentee by the Government, in exchange of full
disclosure of his invention for excluding others, from making, using, selling, importing the patented product or process for producing that
product for those purposes without his consent.
2. What is the term of a patent in the Indian system?
The term of every patent granted is 20 years from the date of filing of application. However, for application filed under national phase under
Patent Cooperation Treaty (PCT), the term of patent will be 20 years from the international filing date accorded under PCT.
3. What can be patented?
An invention relating either to a product or process that is new, involving inventive step and capable of industrial application can be
patented. However, it must not fall into the categories of inventions that are non- patentable under sections 3 and 4 of the Act.
4. What are the criteria of patentability?
An invention is patentable subject matter if it meets the following criteria – i) It should be novel. ii) It should have inventive step or it must
be non-obvious iii) It should be capable of Industrial application. iv) It should not attract the provisions of section 3 and 4 of the Patents Act
1970.
Source file link :-
https://ipindia.gov.in/writereaddata/Portal/Images/pdf/Final_FREQUENTLY_ASKED_QUESTIONS_-PATENT.p
df
92

FAQs Related to STARTUP INDIA
• What is Start up India Hub? Startup India Hub is a one-stop platform for all stakeholders in the Start up ecosystem to interact amongst each
other, exchange knowledge and form successful partnerships in a highly dynamic environment.
• How do we connect to enablers after creating a profile? The system is build to connect you to your relevant stakeholders based on your
industry and preferred stage. Under the profile of every enabler there will be an option to “connect/apply”. Upon clicking, a request will be
sent to the respective profile for acceptance. Once accepted, you will able to see the enabler as a new connection. Please note that you
can connect with upto 3 users per week.
• I have an innovative idea that I want to pursue as a Startup. What guidance can Startup India provide me? Start up India Learning Program
is a free online entrepreneurship program by Startup India. The aim is to help entrepreneurs get their ideas and ventures to the next level
through structured learning. The program covers lessons on key areas of starting up by 40+ top founders of India in an extensive 4-Week
Program. Interested individuals can enrol for this free course at
https://www.startupindia.gov.in/content/sih/en/learning-and-development_v2.html.
• Would a One Person Company (OPC) be eligible to avail benefits under the Startup India initiative? Yes. One Person Companies are
eligible to avail benefits under the Startup India initiative.
• What are the documents required by Startups to get recognized under the Startup India initiative? The process of recognition as a ‘Startup’
is through an online application made over the mobile app/portal at
https://www.startupindia.gov.in/content/sih/en/startupgov/startup-recognition-page.html.
• You will need to upload the incorporation/registration certificate and explain how your startup is working towards innovation development
or improvement of products or processes or services, or its scalability in terms of employment generation or wealth creation.
Source file link :-https://www.startupindia.gov.in/content/sih/en/faqs.html 93

What is the constitution of the Inter-Ministerial Board? The Inter-Ministerial Board setup by Department of Industrial Policy and
Promotion validates Startups for granting tax related benefits. The Board comprises of the following members: ·Joint Secretary,
Department for Promotion of Industry and Internal Trade, Convener·Representative of Department of Biotechnology, Member·
Representative of Department of Science & Technology, Member
Why do Investors invest in Startups?
Investing in startups is a risky proposition, but the low requirement for overhead capital combined with high upside potential, makes
it lucrative for investors to put their bets on startups.The Thomson Reuters Venture Capital Research Index replicated the
performance of venture capital industry in 2012 and found that overall venture capital has returned at an annual rate of 20% since
1996 – far outperforming modest returns of 7.5% and 5.9% from public equities and bonds respectively.
What is a Term Sheet?
A term sheet is a “Non-binding” list of propositions by a venture capital firm at the beginning stages of a deal. It summarizes the
major points of engagements in the deal between the investment firm and the startup.A term sheet for a venture capital transaction
in India typically includes four structural provisions: valuation, investment and management structures, and changes to share capital.
Source file link
:-https://www.startupindia.gov.in/content/sih/en/faqs.html 94

India's Startup Ecosystem Guide

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