Startups

Startup India Investor Connect was launched in the sixth meeting of the National Startup Advisory Council (NSAC), convened on 11th March 2023, to serve as a dedicated platform that connects startups to investors, promotes entrepreneurship, and accelerates engagements across diverse sectors, functions, stages, geographies, and backgrounds, which is also the need of the ecosystem.  Startup […]

Growth metrics can be a great way for companies to measure how they evolve over time. Many businesses can benefit from using growth metrics to learn about which of their processes work effectively and which they might want to improve. Learning about the types of growth metrics can help you track growth at your workplace

An Enterprise Business Object (EBO) is a standardized data structure used in enterprise applications to represent real-world business entities. It is a key concept in Service-Oriented Architecture (SOA) and Enterprise Resource Planning (ERP) systems, helping in seamless data integration and communication across different enterprise systems. EBOs provide a common data model that ensures consistency, flexibility,

The Government of India, to give a much-needed boost to the startup industry, has recently announced a special scheme, known as the Credit Guarantee Scheme for Startups or Credit Guarantee Fund Scheme or CGSS. An offshoot of the Startup India plan launched by the Prime Minister, this scheme, with a contribution of Rs.2000 crore, will

Runway is the amount of time, in months, a business has before it runs out of cash. For companies growing through venture capital, it’s an at-a-glance metric that shows the number of months you have left before your cash balance hits $0. While you may see people talking about different types of cash runway — company cash, team cash, and founder cash What does Cash Runway

Cash Credit is short-term funding or loan for a company to meet its working capital requirements. Bank offers loans to an enterprise depending on its credit history and financial stability. Funding procured from cash credit loans can be used for various business purposes, such as business expansion, buying plant and machinery, purchasing raw materials, enhancing

The scheme “Startup India Seed Fund Scheme (SISFS)” was launched by the Department for Promotion of Industry and Internal Trade (DPIIT) on 19th April 2021 with an outlay of INR 945 Crore to provide financial assistance to startups for Proof of Concept, prototype development, product trials, market-entry, and commercialization. Eligible startups can apply for the

The current value of a work order refers to the present financial worth of a work order at a given point in time. This value represents the total cost associated with completing the tasks or services outlined in the work order. It can include various factors like the scope of work, costs incurred to date,

The burn rate represents the speed at which an unprofitable company consumes its cash reserves. It’s the rate at which a startup company is spending its venture capital to finance overhead before generating positive cash flow from operations. It’s a measure of negative cash flow.Burn rate is most often a consideration for young life sciences or technology

Minimum Viable Product or MVP is a development technique in which a new product is introduced in the market with basic features, but enough to get the attention of the consumers. The final product is released in the market only after getting sufficient feedback from the product’s initial users. What is a minimum viable product