Photo of Arushi Bindal

Associate in the General Corporate Practice at the Ahmedabad office of Cyril Amarchand Mangaldas. Arushi specializes in general corporate advisory, including inbound and outbound investments, mergers and acquisitions, joint ventures, business transfers and private equity. She can be reached at arushi.bindal@cyrilshroff.com

Startup

Introduction

With nearly 82,000 start-ups and 107 unicorns, India is a significant player in the start-up ecosystem, putting it on the third spot globally.[1] In recognition of the value such start-ups add to a nation’s economy in terms of capital formation and employment opportunities, the Government of India (“GoI”) has launched multiple schemes such as Fund of Funds for Start-ups[2], Start-up India Seed Fund Scheme[3], etc. The GoI has committed funds to the extent of INR 7,385 crore for the start-ups at various stages under these schemes.Continue Reading Incentives for Start-Ups in Gujarat