HomeBudget 2022Budget 2021: Expectations of VCs, Startup Backers, Investors

Budget 2021: Expectations of VCs, Startup Backers, Investors

Reader's Pick

Before the Finance Minister Nirmala Sitharaman presents the Union Budget in the Parliament on February 1, 2021.

Here’s what the startup backers sector expects from Finance Minister Nirmala Sitharaman:

Bhaskar Majumdar, Managing Partner, Unicorn India Ventures:

Since offline businesses are hit badly and every business owner is planning to go online, we expect the policies that make it easy for businesses to go online. This is also true for families who have to respond to education for children online.

- Advertisement -

Small businesses don’t have the resources to meet tedious compliance requirements like GST. The government should ease rules and also offer support/exemptions to small and medium businesses from certain mandatory compliances. What a listed entity with armies of staff can do, a startup can’t be expected to do the same. 

Overall the budget needs to facilitate easy access to capital to businesses that are reeling from the after-effects of COVID. Apart from this, there should be some relief for businesses that have suffered significant losses during the lockdown and thereafter.

Subscribe to our Newsletters

We don’t spam! Read our privacy policy for more info.

- Advertisement -

Read latest Business News and Startup news on TechGraph. Watch live and latest news on TechGraph TV. Follow us on Facebook or follow us on Twitter and Instagram. Listen audio news from TechGraph Briefings on Spotify, Google Podcast, Amazon Music & on Apple Podcast.
 

Krishna Mali
Krishna Mali
Founder & Editor of TechGraph.

Latest News

Promoted Links

Related Stories

Paytm Payouts transfers Rs 1,500 crores

India-based e-wallet company, PayTM said, "Its Paytm Payouts has transferred ov...

Japan approves 26 trillion yen as economic stimulus package to combat overseas risks

Japan's cabinet approved an economic stimulus package worth 26 trillion yen ($2...

Samsung Electronics asks its shareholders to use electronic voting for upcoming AGM

Technology giant Samsung Electronics has adopted electronic voting for the firs...

Sino-US trade war offers Europe’s chance to bank more Chinese reserves: Analysis

Should European countries want the euro to replace the dollar as the world's do...

Rahul Gandhi hits on RCEP says, ‘Make in India’ has become ‘Buy from China’

Asserting that "Make in India" has become "Buy from China," Congress leader Rah...

Employees union seeks FIR against Jet Airways boss Naresh Goyal, Vinay Dube and on SBI Chairman

The employee union of Jet Airways, which is facing its worst crisis, Friday sou...

Rajesh Bysani joins Brainly as its new CPO

A New York headquarter peer-to-peer learning platform, Brainly has announced th...

Passwordless authentication platform 1Kosmos sees significant growth in India

1Kosmos, a leading multi-factor authentication solution provider has reported a...

What is the Future of Newspapers in this Digital Age?

The advent of the Internet has revolutionized the way to consume information. T...

Trustt Launches First Major GPT Product Suite for Banking Industry

Trustt - a leading SaaS cloud-based banking solution provider, today announ...