India has the world’s fastest growing start-up ecosystem in the world. Since the inception of the ‘start-up’ mission, India has witnessed recognition of more than 70,000 start-ups till 30th June 2022.
If you have an idea that is technologically advanced, innovative and scalable, you are at the right place. The Government of India provides variety of incentives for your idea to foster, including:
- Speedy recognition
- Seed assistance
- Single window clearance
- Fast-tracking of patent applications
- Women entrepreneurship
- Procurement by Government
- Income-tax holiday and other tax concessions
Specialists at KCM can help you in multiple ways, including:
- Understanding your idea and evaluating eligibility for being recognised as a ‘start-up’
- Applying to the Central Government for recognition
- Applying for various incentives
- End-to-end assistance during fund raising, including due diligence, negotiation support, documentation support, etc.
- Applying for approval for income-tax reliefs and holidays
- Time-to-time advisory around conditions to be fulfilled and ensuring compliance with the same
- Advising on Plan B in case of non-fulfilment of certain conditions
- Helping undertake various compliances
KCM has assisted its clients in ed-tech, manufacturing, fintech and other technology sectors in evaluating the various start-up incentives and in successfully getting them recognised with the Central Government. KCM has also helped start-ups successfully close funding rounds by handholding the entire process.