India has changed its startup rules for deep tech | TechCrunch
Briefly

India has changed its startup rules for deep tech | TechCrunch
"This week, the Indian government updated its startup framework, doubling the period for which deep tech companies are treated as startups to 20 years and raising the revenue threshold for startup-specific tax, grant, and regulatory benefits to ₹3 billion (about $33.12 million), from ₹1 billion (around $11.04 million) previously. The change aims to align policy timelines with the long development cycles typical of science- and engineering-led businesses."
"The change also forms part of New Delhi's effort to build a long-horizon deep tech ecosystem by combining regulatory reform with public capital, including the ₹1 trillion (around $11 billion) Research, Development and Innovation Fund (RDI), announced last year. That fund is intended to expand patient financing for science-led and R&D-driven companies. Against that backdrop, U.S. and Indian venture firms later came together to launch the India Deep Tech Alliance, $1 billion-plus private investor coalition"
India doubled the period for which deep tech firms qualify as startups to 20 years and increased the revenue threshold for startup-specific benefits to ₹3 billion (about $33.12 million). The policy aligns support timelines with the long development cycles of science- and engineering-led businesses. New Delhi paired regulatory changes with public capital, including a ₹1 trillion Research, Development and Innovation Fund to provide patient financing for R&D-driven companies. Private investors formed a $1 billion-plus India Deep Tech Alliance to co-invest. The combined measures aim to reduce premature loss of startup status and ease fundraising and state engagement for founders.
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