Foreign funding in local startups is now subject to an ‘owner tax’

credit: 123RF.com Indian startups that raise capital from foreign investors such as Sequoia Capital, SoftBank, Prosus, Tiger Global, Carlyle, KKR and Blackstone will now have to pay an ‘owner tax’, a move that may not only negatively affect financing but also More startups to locate abroad. Announcing the federation’s budget on Tuesday, the finance minister … Read more

El Obour raises $10M to simplify investor onboarding • TechCrunch

Tim Flannery, Alex Laplante, and Ben Doran were working together on the Investor Services team at Karta when they realized that saving money to invest in startups was a taxing process (no pun intended). It required manually creating subscription agreements—the agreements that investors fill out to invest in a fund—by aggregating unstructured data across different … Read more

The best startups are caught in Britain

The International Monetary Fund tends to the United Kingdom fall into a slumpInflation remains high, and there is an appreciable gloom about the UK’s economic prospects. One bright spot stands out though: the UK’s growth as a hub for startups and entrepreneurship. The amount invested in British startups has grown exponentially over the past decade, … Read more

Agritech startup Greenikk is building a digital ecosystem for banana farmers

College friends Farooq Naushad and Previn Jacob Varghese have always been inclined towards entrepreneurship. During their college days, they started a company called Invento Technology Solutions which developed a platform for housewives to sell food online. Later, in 2016, they started a software solutions company called Teczium Solutions in Rwanda. While the company managed to … Read more

Forbes 30 Under 30 Entrepreneurs Raised $3 Million for Remote Work Productivity Startup Powered by Meta – GeekWire

LifeAt Spaces staff, from left: Devin Ajimine, Ashika Mulagada, Pouya Rad, and Marisa Chentakul. (photo by LifeAtSpaces) After more than a year of working remotely, Devin Agemin And his friends couldn’t find a productivity tool to help them stay focused. So they decided to build one themselves over the weekend. “We dumped it on TikTok, … Read more

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by Market value.Net sales.Net profit.Total assets.tax.Another source of income.Raw materials.power & amp; fuel.employee cost.PBDIT.interest.tax.EPS.investments.Miscellaneous debtors.cash / bank.barren.religion.potential liabilities. Crit screen abrasivesAviation and defenseFarmingair conditionersAirlinesAluminum and aluminum productsAmusement parks / recreation / clubAquacultureMachine accessoriesAuto accessories – air conditioning partsAuto accessories – parts for cars, trucks and motorcyclesAuto accessories – axle shaftsMachine accessories – bearingsAuto accessories – … Read more

Firms in which workers are most likely to become founders

You always have to start somewhere. In the case of many successful startup founders, this means working a day job before they are ready to launch their new business. So, what are the best places to work for future founders? Several big-name companies top the list, according to New report From small business lending platform … Read more

The Late Advantage in Startups • TechCrunch

Welcome to Startups Weekly, an in-depth look at this week’s startup news and trends by the Chief Stock Correspondent and co-host. Natasha Mascarenhas. To get this in your inbox, subscribe here. Sometimes, due to the nature of the startup game, we over-index what’s new. Companies want to build a pain point they never dreamed of … Read more