Startups breathe sigh of relief as angel tax is abolished
Startup investors and founders are set to benefit from the decision with funding sources opening up further for the startup ecosystem.
Startup investors and founders are set to benefit from the decision with funding sources opening up further for the startup ecosystem.
Angel investors bet on early-stage start-ups, crack the unicorn code, defying funding slowdown.
A new generation of techpreneurs is building new-age solutions and creating companies valued at well over a billion dollars, helped by massive investor funding.
Last month, IDFC First Bank CEO V. Vaidyanathan had gifted 9 lakh equity shares of the bank held by him to five of his employees.
A startup is a high-risk asset with a failure rate of about 90%. Yet, angel investors and not banks are the first to invest capital in its future. Angel investors say there is a method to the madness.