Startups can raise up to $3M from overseas

Earlier this yyear it was requested in this circle and industry forums that Govt make FDI investments in Startups easier.

Govt. of India has now allowed every startup to raise $3 million or Rs 20 crore from foreign investors and lenders within a financial year. Technically, this funding can be done as external commercial borrowings (ECBs) from foreign based investors and lenders, and every startup (both B2B and B2C) can participate in this.

This funding can be taken in both Indian currency or foreign currency, as per the terms and conditions of the ECB.

Although a tiny step, this will help hundreds of early stage startups, which are either bootstrapped or looking for angel funding in various niches.

By the month end, RBI will issue a notification in this regard. more  

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Hi All I am Atul Rajhans and wish to start a business in Pune, is there any one who can help me in finding investors more  
Is his still limited to 3M more  
This is what we have to pay for. Our ignorance is DANGEROUS. Kare koi bhare koi. Khaye SARKARI bank babu, bharein ham. Scores of lacs of actual NPAs estimated, to be revealed from time to time and govt banks to be gradually bailed out from PUBLIC MONEY who paid direct and indirect taxes and suffering this Demonetization drive to fill the damage caused by the Bank babus by pro quo lending and NPAs. Mallya being the mask under which all the lakhs of crores of NPAs hidden. His is only 9 thousand crores and his assets much more than that worth from which can be covered. Mallya game a part of this NPA Scam. BANKS ARE NOW CASH STRAPPED & NEED CASH, HENCE THESE TYPE TACTICS AS DFEMONETIZATION. "Poora hisab do" drive.. Mallya took only 9 thousand crores, how about Lacs of crores and hiding it under the Bank babus puppet Mallya, to hide this NPAs scam:- सेवा में, माननीय सम्पादक / ब्यूरो प्रमुख/निदेशक महोदय, दैनिक समाचार पत्र / न्यूज़-चैनल & To All Indian Citizen आदरणीय महोदय, 19 नवम्बर 2016 को समय 12.00 बजे,से जंतर मंतर नई दिल्ली में सार्वजनिक क्षेत्र के बैंकों के ऋण पे निर्णय लेने वाले भ्रष्ट बाबुओं के भ्रष्ट्राचार के खिलाफ एवं अछछे कर्मियों के बचाव हेतु निजीकरण के खिलाफ, एन. पी. ए. करने वाले बैंक में छुपे भ्रष्टों से समस्त भारतीय जनता के जागरण एवं बचाव के लिए धरना प्रदर्शन l कार्यक्रम विवरण आयोजक : आल इन्डिया ह्यूमन राइट्स एसोसिएशन ( एहरा ) दिनांक : 19-11-2016 दिन : शनिवार समय : 12.00 बजे l स्थान : जंतर मंतर नई दिल्ली l आपसे सादर अनुरोध है कि उपरोक्त कार्यक्रम के कवरेज हेतु आप अपने समाचार-पत्र / न्यूज़ चैनल की ओर से अपने सम्मानित छायाकार/ संवाददाता / कैमराटीम/ फोटोग्राफर/ रिपोर्टर को भेजकर कार्यक्रम के उद्देश्य को अपने माध्यम से विश्व की जनता तक पंहुचाने की कृपा करे l सादर, हुसैन अहमद 91- 7071056353 Email: hussainconven@gmail.com www.aihra.org PS Main delegation reaching 20-11-16 more  
If the tell is a fact, go ahead and let my country awake. more  
I also need and advise to start Renewable project in the field Gravity Engine for pollution free energy because i found new and royal technique in comparison with www.peswiki.com- this uploaded gravity engine is produce output in comparison with I/P is 1: 5 or 1:10, this is not suiting to use day to day activity, mine is 1: 1000 +. what step i can take further. more  
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