How to get fund for startup In India

Planning to launch your own start-up? now's the time. India is in its best-ever section of the startup ecosystem and also the economic atmosphere is pro the aspiring minds. However, careful designing and artistic movement approaches are imperative to make sure your startup doesn’t finish just like the 94% that clean up their shutters inside the primary year of operation.

Funding is an especially vital facet in line with meeting the vision of a business. Funding and fundraising, are elementary fashionable business situations that support the expansion of a startup. the primary spherical of funding, popularly called seed funding forms the premise of fundraising. it's followed by series A, B, and C rounds of funding. whereas the seed funding usually refers to the fundamental, initial spherical of funding, series A, B, and C to take issue with in the business maturity and also the sort of investors concerned. The series funding helps within the evolvement of a startup to a full-fledged organization by serving it with calculated funds at crucial steps.

Startup funding option is

1.Crowdfunding
2.Self Funding
3.Venture Capitalists
4.Angel Investment

WHY & WHEN REQUIRED Startup funding

GET BENEFIT OF STARTUP INDIA SCHEME
Startup India is a platform that helps new and innovative startups to have various benefits in order to achieve the target of growth of the Indian Economy. Any eligible entrepreneur may register themselves as a Startup and avail the benefits of Income Tax Savings, Reduction of Patent cost, Easy to get funds, Tax Savings for investors, and various more. Every entrepreneur has an urge to have successful growth in the economy and in order to build that aura every business must have to grab all the opportunities around them. Benefits under the Startup Registration are the opportunity every eligible entity must have after incorporating their business.

WHAT WILL YOU GET
WE WILL PROVIDE YOU

Under this we will file the application for your business Startup recognition certificate, we also file replies to the department's objections and notices if any objection and notice served by the department. Once your business is recognized as a Startup by the department, then we apply for the tax benefits also.

INPUT NEEDED FROM CLIENTS
WITHOUT THESE WE CANT PROCEED

The first requirement to avail of this scheme benefit is that the applicant must be registered as a private limited company or an LLP or as a registered partnership. Apart from this few more supporting details and documents are also required i.e. COI, MOA, AOA, your website, or a brief note about your creative business. ITR, financials of your business, pitch deck, etc. As we are only filling and presenting the application, hence all required inputs, detailed information, documents, data research on business ideas, etc, should be provided by the client himself

PROCESS & TIMELINE Startup Funding

MORE AUTOMATED LESS HUMAN DEPENDENT

The first step towards applying under the startup India scheme is to obtain all necessary details and documentation from the client. Then the next step is to file an online application to the department, thereafter in the next step the department will scrutinize the mandatory requirements for approval. Once the department is satisfied with the correctness and completeness of the application, then the application will be approved and a startup recognition certificate issued.

Usually, it takes 10 - 15 working days to get the business recognized as a startup from the department after receiving all the inputs from the client-side.

RENEWAL & RECURRING

RENEWAL OPTION NOT AVAILABLE

This is a one-time benefit provided to the Startup by the government which is not required to renew the regular interval therefore When
it comes to the Startup Recognise, no requirement of any kind renewal under the Startup India program, and it will expire one day after receiving the benefit of this program.

Shivani Gupta

“Starting Any Business Is A Formidable Journey Of A Lifetime!” NEUSOURCE ‘The Leader of Business registration’ clears the way for success in the present era by helping new startups. LET's GET STARTED!!