India, Feb. 5 -- The Government of India has issued a release:
The Government has revised the startup recognition framework to further strengthen the Startup India Action Plan and advance the Prime Minister's vision of positioning India as a global innovation powerhouse, a manufacturing-led economy, and a hub for emerging technologies. As Startup India enters its second decade, the revised framework seeks to provide a more predictable, inclusive and future-ready policy environment for founders, while facilitating the flow of long-term patient capital into high-technology and research-intensive sectors.
Key revisions to the startup recognition criteria are as follows:
Enhanced turnover threshold for startup recognition:
Keeping in view t...