The day of 16th January, 2016 can be marked as one of the prominent days for budding Indian Entrepreneurs, with the Prime Minister, Shri Narendra Modi, announcing the “Startup India Action Plan”, intended to boost and support the startup ecosystem in India. First announced on the occasion of India’s 69th Independence Day, the Startup India initiative has taken a full-fledged shape after the Government released the key initiatives to create a strong ecosystem for fostering innovation and startups in India. Continue reading “Startup India Action Plan 2016”
Founders Agreement
So you have everything in place for your startup. You also have a team in place, including your co-founders with you. However, one thing many startups tend to overlook is a founders agreement.
One could assume that since startups are usually the result of two or more like-minded people, this agreement often skips the mind. However, it is extremely important to outline expectations right at the onset as this helps in decision making and reduces risks. It also avoids any kind of an eventual dispute between founders. Continue reading “Founders Agreement”
How Startup Funding Works
Today, startups are on a boom. There are ideas and there are people who want to convert such ideas into flourishing businesses prospects. What is required to evolve a business is “Money”. The question is that from where do you get this investment for your business. The easiest option, either you put money from your own savings or you borrow from your friends and relatives. Continue reading “How Startup Funding Works”