“The new budget is a welcome solution that is faced by founders with limited business experience in India. The extension of the tax holiday gives comfort to startups raising funds and helps keep them competitive against larger companies with extensive resources. Permitting existence of OPCs is indeed a major breakthrough, as it will help the startups engage in hassle-free and swift fund-raising process.”
– Mr. Niladri Narayan Gupta- Founder & MD of healthcare startup e-Vaidica Healthcare Pvt Ltd.
