Setting-up an Entity in India

India emerges out to be one of the most promising economies in recent times in terms of potential return on investment, and with increased ranking of India in “Ease of doing business”, it has attracted many Offshore companies into setting up operational presence in India.   Considering above, it becomes imperative to analyze in Detail […]

Sponsorchampz Raises Pre Series A funding

SponsorChampz, an Artificial Intelligence enabled platform to connect athletes, influencers and brands, gained an undisclosed amount in Pre Series A funding from a pool of HNIs from Delhi and Mumbai. It aims to disrupt the industry by making a data-driven decision-making tool, rather than an opinion based decision-making which is currently controlled by fragmented and[…..]

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India “serious” on Enforcement of crimes of “Money Laundering”

With Globalization, and embrace of the new open economy culture came into existence another menace – MONEY LAUNDERING. The global community realized and established that perhaps the tool designed and created for growth of an economy became the termite that could eat it too. With that realization and finding, Political Declaration and Global Programme of[…..]

Accounting and Bookkeeping Services in India

Accounting and Bookkeeping Services in India for Startups

Accounting and bookkeeping services in India are often taken as same services in business. A lot of minds would be in the dilemma of “Isn’t a bookkeeper an accountant?”. Well, there is a huge difference in both terms. So, what’s the difference between a bookkeeping service and accounting service? Difference between Bookkeeper and Accountant So[…..]

Myths about Entrepreneurship

10 Myths about Entrepreneurship in India!

There are many myths about entrepreneurship and false beliefs that often misguide an aspiring entrepreneur in taking wrong steps. Thus it is necessary to clear such myths and have a clear picture of Entrepreneurship in India. Widely believed myths about Entrepreneurship in India: A lot of fund is required for a start-up:This is one of[…..]

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How to start a Venture Capital Firm in India?

In recent years, India has become a hot destination for startups. With India’s rank in ease of doing business improving to 77, this is a clear indicator of a conducive business environment which has led to incorporation of many startups. But for any startup, scaling and running operations requires capital which comes in form of[…..]

Angel Tax in India - Anbac Advisors

Angel Tax in India

What is Angel Tax? It is basically a term used to refer the income tax payable for the start-ups on the capital raised by them, or unlisted companies via the issue of shares through off market transactions.. The rate of angel tax was a hefty 30.9 per cent. This was applied not just to mature[…..]

Startup Funding

Start Up Funding scenario in India, 2019.

What is a Start Up? At present an unmistakable meaning of a ‘Startup’ does not exist in the Indian setting because of the subjectivity and multifaceted nature included. Considering different parameters relating to any business, for example, the phase of their lifecycle, the sum and level of financing accomplished – startup funding, the measure of[…..]

Accelerator Program_Anbac

Best Startup Accelerator Program

  For a new entrepreneur it’s viable to come up with a number of business design and plans, but it is difficult to actually deploy those ideas. Transforming an idea into a business concept involves thinking about how the product or service will be traded and who will buy it, the profits of the product[…..]