FAQ

1 Wat is Startup India Hub?

Startup India Hub is a one-stop platform for all stakeholders in the Startup ecosystem to interact with each other, exchange knowledge, and form successful partnerships in a highly dynamic environment.

2 Hoe voegen investeerders waarde toe aan startups?

investors, particularly venture capitalists (vcs), add value to startups in a lot of ways:

1. Stakeholder Management: Investors manage the company board and leadership to facilitate smooth operations of the startup. In addition, their functional experience and domain knowledge of working and investing with startups impart vision and direction to the company.

2. Raising Funds: Investors are the best guides for the startup to raise subsequent rounds of funding on the basis of stage, maturity, sector focus, etc. and aid in networking and connection for the founders to pitch their business to other investors.

3. Recruiting Talent: Sourcing high-quality and best-fit human capital is critical for startups, especially when it comes to recruiting senior executives to manage and drive business goals. VCs, with their extensive network, can help bridge the talent gap by recruiting the right set of people at the right time.

4. Marketing: VCs assist with marketing strategy for your product/service.

5. M and A Activity: VCs have their eyes and ears open to merger and acquisition opportunities in the local entrepreneurial ecosystem to enable greater value addition to the business through inorganic growth.

6. Organisational Restructuring: As a young startup matures into an established company, VCs help with the right organisational structuring and introduce processes to increase capital efficiency, lower costs, and scale efficiently.

3 Waarom investeren investeerders in startups?

Investing in startups is a risky proposition, but the low requirement for overhead capital combined with high upside potential makes it lucrative for investors to put their bets on startups.

The Thomson Reuters Venture Capital Research Index replicated the performance of the venture capital industry in 2012 and found that overall venture capital has returned at an annual rate of 20% since 1996—far outperforming modest returns of 7.5% and 5.9% from public equities and bonds, respectively.

4 Hoe kan ik een profiel registreren op de hub?

registering a profile on the hub is a fairly simple process.

on clicking the “register” tab on the top right-hand corner of the page, you will be directed to our “mygov” platform for authentication, where you will be asked to fill in details such as your name, email address, etc. this will give you a one-time password for verification as well as a link to set a new password.
Sign in using the login credentials you created in step 1. This will direct you to the Hub, where you can select and create the profile of a stakeholder that best defines your role.

5 Hoe komen we in contact met enablers nadat we een profiel hebben aangemaakt?

The system is built to connect you to your relevant stakeholders based on your industry and preferred stage. Under the profile of every enabler, there will be an option to "connect/apply." Upon clicking, a request will be sent to the respective profile for acceptance. Once accepted, you will be able to see the enabler as a new connection.

Please note that you can connect with up to 3 users per week.

6 Kan een buitenlands bedrijf zich registreren onder de Startup India-hub?

any entity having at least one registered office in india is welcome to register on the hub, as location preferences, for the time being, are only created for indian states. however, we are working on international relations and will soon be able to enable registration for stakeholders from the global ecosystem.

7 i want to share events, tools and templates, reports, blogs, etc. how can i publish these on the hub?

Voor het publiceren van inhoud kunt u contact met ons opnemen via startupindiahub@investindia.org.in

1 Ik heb een innovatief idee dat ik als startup wil nastreven. Welke begeleiding kan Startup India mij bieden?

1. Startup India Learning Program is een gratis online ondernemerschapsprogramma van Startup India. Het doel is om ondernemers te helpen hun ideeën en ondernemingen naar een hoger niveau te tillen door middel van gestructureerd leren. Het programma omvat lessen over de belangrijkste aspecten van het opstarten van een bedrijf door meer dan 40 topoprichters van India in een uitgebreid programma van 4 weken.

2. Interested individuals can enrol for this free course at learning-and-development_v2.

3. for more courses, please visit l-d-listing.

4. Further,incubators across India are providing guidance to budding startups. There is a list of incubators listed on the Startup India portal for your reference.

2 Mijn entiteit heeft geen PAN. Mag ik het als ‘Startup’ registreren op het Startup India-portaal?

Ja, een entiteit zonder PAN kan zich als Startup op onze website registreren. Het is echter raadzaam om op het moment van registratie een geldig PAN van de entiteit te verstrekken.

3 Zou een eenpersoonsbedrijf (OPC) in aanmerking komen voor de voordelen van het Startup India-initiatief?

ja. Eenpersoonsbedrijven komen in aanmerking voor voordelen in het kader van het Startup India-initiatief.

4 Kan een buitenlander een partnerschap aangaan onder de LLP Act en die LLP laten registreren bij Startup India?

Yes, a foreign national can enter into a partnership under the LLP Act and get that LLP registered on our website. It can even be recognised by the DIPP.

5 Kan ik twee mobiele nummers opgeven in het registratieformulier?

Only one mobile number and one landline number of the authorised representative of the entity can be provided at the time of registration. The portal and the mobile app would be sending an OTP on the mobile number provided by the user to complete the authentication and registration process.

6 Wat zijn de documenten die Startups nodig hebben om erkend te worden onder het Startup India-initiatief?

The process of recognition as a ‘Startup’ is through an online application made over the mobile app/portal at startup_recognition_page.

You will need to upload the incorporation/registration certificate and explain how your startup is working towards innovation, development, or improvement of products, processes, or services, or its scalability in terms of employment generation or wealth creation.

7 Wat is de termijn voor het verkrijgen van een certificaat van erkenning als ‘Startup’ als er al een entiteit bestaat?

Het erkenningscertificaat wordt doorgaans binnen 2 werkdagen na succesvolle indiening van de aanvraag afgegeven.

8 Als mijn startup erkend wordt, zou ik er dan een certificaat voor krijgen? Zo ja, kan ik het certificaat downloaden?

Yes, if your startup gets recognised, you would be able to download a system-generated verifiable certificate of recognition.

9 Wat is de samenstelling van het Interministerieel Comité?

The Inter-Ministerial Board, set up by the Department of Industrial Policy and Promotion, validates Startups for granting tax-related benefits. The Board comprises the following members:

1) Gezamenlijk secretaris, Ministerie van Bevordering van Industrie en Binnenlandse Handel, Convener

2) representative of the department of biotechnology, member

3) representative of the department of science and technology, member

10 Hoe zou het Interministerieel College de ontvangen aanvragen voor belastingvrijstelling beoordelen?

Het bestuur zal de verstrekte ondersteunende documenten beoordelen om na te gaan of de entiteit in aanmerking komt als een bedrijf dat in aanmerking komt voor belastingheffing.

11 Wat is het tijdsbestek voor het verkrijgen van een certificering van de Interministeriële Raad voor het gebruik maken van belastingvrijstelling na een succesvolle aanvraag?

The inter-ministerial board meeting typically takes place once a month. The cases in the meeting are processed in a serial order. The communication regarding the decision is sent to the registered email address of the Startup.

Om regelmatig updates van de IMB-bijeenkomsten te volgen, kunt u de IMB-meldingen op onze website raadplegen door op te klikkenhier.

12 If a startup has applied for DIPP recognition and the application gets rejected or marked incomplete due to missing documents or insufficient information, should the startup edit the existing application or submit a new one?

Indien de aanvraag tot erkenning als onvolledig is aangemerkt, dient de startup de aangegeven stappen te volgen:

1) log in with their startup credentials on www.startupindia.gov.in.

2) Select the ‘Recognition and Tax Exemption’ button on the right panel.

3) Selecteer de knop ‘Aanvraag bewerken’ en ga verder met het invullen van uw aanvraag.

4) If the application has been marked ‘Incomplete’ three times, the application is rejected.

5) Afgewezen aanvragen kunnen niet worden bewerkt en een nieuwe aanvraag kan worden ingediend drie maanden na de datum waarop de afwijzingsmail is verzonden.

1 Hoe registreer ik mij als mentor/investeerder op de Hub?

een profiel registreren op de startup india-website is een vrij eenvoudig proces:

1) Simply click on 'Register' and fill in the details as required in the registration form. An OTP will be sent to your registered email address, post submitting, and your profile will be created.

2) You will have an option to select your profile type. Select “Enabler” as your persona type, and post, and you’ll be asked to specify what type of enabler you are. Select mentor/investor in the drop-down box depending on your objective. The profile goes under moderation for 24-48 hours, and once our quality assurance team has done a preliminary check on your mentor credentials, your profile is made live

2 Wat is mijn rol als mentor op de Hub?

Als mentor heb je toegang tot alle geregistreerde startups in alle fasen van de Hub. De startups kunnen met u in contact komen via een verbindingsverzoek, waarin u de startup deskundig advies kunt geven over de volgende stappen. Wilt u meer weten, ga dan naar de mentorsectie.

3 Hoe komen Startups in contact met een mentor/investeerder?

a startup is allowed to send 3 connection requests each week. this is done by simply clicking on the “connect” button on the mentor’s profile. once you accept a connection request, the startup can reach out to you through a simple chat interface. you can learn more about the startup that has connected with you by clicking on their profile and reading up about them.

4 Hoe zorg je ervoor dat ik geen spam krijg?

while we encourage more engagement on the platform, we can understand that access to high-quality mentor investors like yourself can be overwhelming for some startups, which may lead to spam. to ensure startups are conservative and careful with the mentor/investor requests, we restrict each startup to 3 connection requests each week.

5 Kan ik toegang krijgen tot aanvullende middelen die mijn mentorschapsondersteuning aan de startup verder kunnen ondersteunen?

to aid in your mentoring journey, we have pooled together a vast repository of resources ranging from plug-and-play templates to market research reports, which can help both mentors and startups gauge the opportunity at their disposal better. feel free to navigate through our repository of resources on the top ribbon of the portal.

6 Krijg ik enige vorm van erkenning als actieve mentor/investeerder op de portal?

To showcase our gratitude towards our mentor’s contribution to India’s startup ecosystem, depending on the quarterly feedback from our Startups, we share commendation letters. Feel free to flaunt these across your social platforms, and don’t forget to tag us!

1 What is the procedure to claim reimbursement by patent facilitators for services offered to startups?

After a patent application is received by the Patent Office, the facilitator shall submit the claim for fees as per the fee schedule given in the SIPP Scheme. A letter addressed to the Head of Office of the respective Patent Office, giving details of the claimed fee for drafting the application and his ID proof as a registered Patent Agent, shall be submitted along with the invoice.

2 What is the procedure to claim reimbursement by Trademark facilitators for services offered to startups?

The facilitator shall submit the claim for payment of fees to the respective Head of Office of the Trade Marks Registry. A letter addressed to the Head of Office of the respective Trade Mark Office, giving details of the claimed fee for drafting of the application and his ID proof as a registered Trade Mark Agent, shall be submitted along with the invoice.

1 What factors are considered by investors to invest in startups?

Different investors use different criteria to judge an investment. The importance of these factors would vary depending on the stage of investment, sector of startup, management team, etc. Listed below are typical investment criteria used by investors:

1. market landscape: refers to the addressable market that the startup is catering to.

Factors: Market size, obtainable market share, adoption rate, historical and forecasted growth rates, macroeconomic drivers, demand-supply.

2 Schaalbaarheid en duurzaamheid : Startups moeten in de nabije toekomst de potentiële luxe laten zien, een duurzaam en stabiel bedrijfsplan.

Factors: Toetredingsdrempels, imitatiekosten, groeipercentage, uitbreidingsplannen.

3. objective and problem-solving : the offering of the startup should be differentiated to solve a unique customer problem or to meet customer needs. ideas or products that are patented showcase deemed potential in the startups.

4. customers and suppliers: laying out your customers and suppliers, helps investors understand your business better.

Factors: Klantrelaties, trouw aan het product, voorwaarden van leveranciers, bestaande leveranciers.

5. competitive analysis: a true picture of competition and other players in the market working on similar things should be highlighted. there can never be an apple-to-apple comparison, but highlighting the service or product offerings of similar players in the industry is important.

Factors: Aantal spelers op de markt, marktaandeel, verkrijgbaar aandeel in de nabije toekomst, productmapping om overeenkomsten of verschillen tussen aanbiedingen van concurrenten te benadrukken.

6. sales and marketing: no matter how good your product or service may be, if it does not find any end use, there is no good.

Factors: Sales forecast, targeted audiences, marketing plan for the target, conversion and retention ratio, etc.

7. Financial Assessment: A detailed business model that showcases the cash inflows over the years, investments required, key milestones, break-even points, and growth rates should be made out well. Assumptions used at this stage should also be reasonable and clearly mentioned.

see sample valuation template here.(to be sourced under templates section)

8. Verlaat Avenues: Een startup die zich laat zien potentiële toekomstige kopers of alliantiepartners worden een waardevolle beslissingsparameter voor de investeerder.

9. management and team: the execution and passion of the founder and the management team to drive the company is equally crucial in addition to all the factors mentioned above.

2 Hoe verdienen investeerders rendement door te investeren in startups?

investors realise their return on investment from startups through various means of exit. ideally, the vc firm and the entrepreneur should discuss the various exit options at the beginning of investment negotiations. a well-performing, high-growth startup that also has excellent management and organisational processes is more likely to be exit-ready earlier than other startups.

Venture Capital and Private Equity funds must exit all their investments before the end of the fund’s life. The common exit methods are:

1. mergers and acquisitions: the investor may decide to sell the portfolio company to another company in the market. for example, the $140 million acquisition of redbus by south african internet and media giant naspers and its integration with its india arm, ibibo group, presented an exit option for its investors, seedfund, inventus capital partners, and helion venture partners.

2. ipo: an initial public offering is the first time that the stock of a private company is offered to the public. issued by private companies seeking capital to expand, it is one of the preferred options for investors looking to exit a startup organisation.

3. Uitgang voor financiële investeerders: Beleggers kunnen hun investering verkopen aan andere durfkapitaal- of private equity-bedrijven.

4. Noodlijdende verkoop: In financieel moeilijke tijden voor een startend bedrijf kunnen investeerders besluiten het bedrijf aan een ander bedrijf of een financiële instelling te verkopen.

5. buybacks: founders of the startup may also buy back their investment from the fund.

3 Wat is een termsheet?

A term sheet is a “Non-binding” list of propositions by a venture capital firm at the beginning stages of a deal. It summarises the major points of engagement in the deal between the investment firm and the startup.

Een term sheet voor een durfkapitaaltransactie in India bevat doorgaans vier structurele bepalingen: waardering, investerings- en managementstructuren en wijzigingen in aandelenkapitaal.

1. Value: Startup valuations are the total worth of the company as estimated by a professional valuer. There are various means of valuing a startup company, like the Cost to Duplicate approach, the Market Multiple approach, discounted cash flow (DCF) analysis, and the valuation-by-stage approach. Investors choose the relevant approach based on the stage of the investment and the market maturity of the startup.

2. Investment Structure: It defines the mode of venture capital investment in the startup, whether it is through equity, debt, or a combination of both.

3. Management Structure: The term sheet details the management structure of the company, including the composition of the board of directors and prescribed appointment and removal procedures.

4. changes to share capital: all investors in startups have their own investment timelines, and they accordingly seek flexibility in seeking exit options through subsequent rounds of funding. the term sheet addresses the stakeholders’ rights and obligations with respect to subsequent changes in the company’s share capital.

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