Angel Tax Abolition Sparks Optimism Among Startups
On Tuesday, the government announced the abolition of the angel tax, a move that has delighted the startup industry. This tax was imposed on funding when the valuation of the startups exceeded the fair market value. It has been a contentious issue for the industry. Its...
IAN Group Celebrates Angel Tax Removal in Union Budget 2024
With the good news of angel tax removal for all classes of investors, it has brought hope and happiness to many young ventures and investors. For over 11 years, IAN Group (formerly Indian Angel Network) co-founders Dr. Saurabh Srivastava and Padmaja Ruparel have advocated for the...
Padmaja Ruparel Shares Insights on Union Budget 2024 with Young Turks
In a conversation with Shereen Bhan of Young Turks, IAN Group Co-Founder Padmaja Ruparel shared valuable perspectives on the Union Budget 2024. She was joined by industry leaders Mohandas Pai, Chairman, Aarin Capital; Gopal Jain, Managing Partner and Co-Founder, Gaja Capital; and Vishesh Rajaram, Managing...
Padmaja Ruparel Discusses Union Budget 2024 on CNBC_Awaaz
The Union Budget 2024 reflects a commitment to nurturing the entrepreneurial spirit that is driving India's economic growth. It has made bold announcements, addressing key concerns and introducing progressive measures. The focus on simplifying processes and reducing burdens will undoubtedly accelerate innovation and investment across...
Entrepreneurs are returning from Europe-U.S. to be part of India’s growth story
Mr. Srivastava said he wants to see the Indian economy growing at double-digit though it is stable at the current 6.5% growth. More and more Indian entrepreneurs from Europe and the United States are heading back to India where the economy is growing and opportunities are...
Rural MSMEs need to be digitally empowered
Using digital tools will not only help expand the market reach, but also make access to finance easier By SAURABH SRIVASTAVA & LAKSHMI VENKATARAMAN VENKATESAN India has embarked on an economic and digital revolution and is gearing up to emerge as the third-largest global economy. But the...
N Vittal was prescient to support India’s IT services industry by Saurabh Srivastava
By Saurabh Srivastava N Vittal, who passed away on August 4, is perhaps the best example of a bureaucrat who changed the destiny of an industry that redefined India. For those of us who worked with him closely, he was a legend in his own lifetime...
Ideas are taking centrestage in India’s booming startup ecosystem
The rush of the ordinary Raj and Rahul (and his mate from IIT) becoming entrepreneurs is surprising because getting a salaried job had always been considered a better option in India than the risky proposition of starting one’s own business. Padmaja Ruparel, founding partner of...
Watching Every Penny: The State of Indian Start-ups
Padmaja Ruparel, Co-founder & President of Indian Angel Network (IAN), says daily monitoring of the status of cash is essential for early-stage companies, and it needs to be done by the founder or CEO. “It is important to collect payments against the revenues. ‘High receivables’...
The science behind the healthtech startup must be understood well
Padmaja Ruparel, Founder, BioAngels explains Kalyani Sharma that it is not easy to invest in startups! What is important is each investor’s understanding of the domain/science. Some investors understand execution/tech enablement better and others understand the science behind certain healthtech spaces. However, what we have...