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Sujit Bhattacharya
National Institute of Science Technology and Development Studies
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Chief Scientist (CSIR-NISTADS)
Professor AcSIR (Academy of Scientific and Innovative Research)
Editor-In-Chief Journal of Scientometric Research
• Self-certification scheme
• Easy exit options with an introduction of a bill to facilitate exit in 90 days
• Financial assistance through allocation of funds for startups and launch of a credit guarantee
scheme
• Relaxed taxation through –
- No tax on profits for the first three years for startups setup after 01st April 2016
- Capital gains tax exemption
• Scheme for Intellectual Property Protection (SIPP Scheme)
• Fee concessions in IPR Filings for Startups
• Reduced delays in processing of Trademark and other IPR related applications
• Atal Innovation Mission (AIM) promote R&D through establishment of sector incubators, innovation
centers, research parks and bioclusters
• Startup Exchange - SEBI plans to set up an alternative trading platform for startups; requirements
for listing have been relaxed
• Self-Utilisation and Talent Utilisation (SETU) - Techno-Financial, Incubation and Facilitation
programme under NITI Aayog to support start-ups
• National Innovation and Startup Policy 2019 for students and faculty
Source-NASSCOM Report on Indian Startup Ecosystem
Some Innovation Disruptors: Startups and Incumbents
The Centre for Brain Research
(CBR) is being set up with a Rs.
Company that designs, 225 crore grant from Infosys
manufactures advanced cofounder Kris Gopalakrishnan,
robotics systems for and is a part of the Indian
automation in warehouses Institute of Science.
Infosys
and through the use of
flexible automation, the uses data analysis and
power of AI, they work with machine learning techniques
businesses to optimize the to keep track of traffic,
supply chain and enhance Grey enhance customer experience,
OlaCabs
process efficiency. Orange understand driver behaviour
Technology and improve vehicle efficiency.
Disruptors
Smart Cities
Privacy
Cloud
Computing
Big Data
Routing Analytics
Machine
Learning
Healthcare
Internet
Quality of
of Things Service
Key
Smart Management
Agriculture Fog Computing
IoT Startups in India
Startups Locations*
Bangalore
Others, , 45
49
Delhi , 7 Mumbai
Gurgaon ,
8 , 11