Anomalies in India’s startup regulations that need to be addressed
- ByStartupStory | January 16, 2022
In 2021, investors such as Tiger Global, Accel, and SoftBank converted a startup into a billion-dollar company every eight days on average. Industry insiders believe that if the government corrects some of the inconsistencies in taxation, processes, and laws, the next year might see far more money raised by Indian startups than the $42 billion raised last year.
In Startup jargon, a unicorn is a company valued at over a billion dollars. In 2021, there were 44 of them, bringing the total to 81.
Last year, the regulatory crackdown in China on similar industries aided the valuations of Indian businesses. India, on the other hand, has a long way to go before its startup and venture capital ecosystem can catch up to China’s. And it is here that changes in laws and regulations can be beneficial.
Follow Startup Story
Related Posts
