Page 17 - NIS English January 16-31
P. 17
Success through Ayurveda BENEFITS OFFERED TO
NADI TARANGINI: This healthcare-based RECOGNISED STARTUPS
Startup has its root in Ayurveda. Founded
by Dr Aniruddha Joshi, an IIT alumni, Nadi SELF-CERTIFICATION: Self-certify and
Tarangini is a tool to detect and analyse comply under three Environmental and six
information about a person’s inner health. Labour Laws
Nadi Tarangini is a perfect combination of TAX EXEMPTION: Income Tax exemption
hardware and artificial intelligence-based, for a period of three consecutive years
intuitive software that makes the first move and exemption on capital and investments
in the new age Nadi Pariksha system. Using above Fair Market Value
three pressure sensors to record the pulse EASY WINDING OF COMPANY: In 90 days
on wrist at vata, pitta and kapha locations, it under Insolvency & Bankruptcy Code, 2016
mimics the way a Vaidya takes nadi manually. STARTUP PATENT APPLICATION &
Initial journey was not easy but once his IPR PROTECTION: Fast track patent
product got recognition by the application with up to 80% rebate in filling
Government, the path became patents
smoother. The Startup is very EASIER PUBLIC PROCUREMENT
successful and has been the NORMS: Exemption from requirement of
recipient of Silver Award earnest money deposit, prior turnover and
for excellence in IT by experience requirements in the Government
Ministry of Ayush and the tenders
winner of Lexus Design SIDBI FUND OF FUNDS: Funds for
Award (Jury’s choice), investment into Startups through Alternate
2019. Investment Funds
Commercial services, Food and Beverages, class innovation hubs, grand challenges, Startup
Agriculture, Finance Technology or FinTech, businesses and other self-employment activities,
Green Technology, Technology Hardware particularly in technology driven areas.
and Renewable Energy. According to the data So far, 14,916 schools across the country have
available on the Startup India portal, so far 4,47,343 been selected for Atal Tinkering Laboratories, out
Startups have registered on the Startup India Hub of which 4,875 have received Rs 12 Lakh grant
which is a one-stop platform for all stakeholders in each and are operational. AIM has selected
the Startup ecosystem to interact with each other 86 incubators across the country to provide
in a highly dynamic environment. Around 38,756 financial support through grants in aid and has
Startups have been recognised by DPIIT. And 264 already disbursed grants worth Rs 201 Crore to
Startups have been funded by SIDBI while 221 68 incubators so far. In the last three years, over
Startups have availed tax exemption benefits. In 1,250 Startups have been incubated in the Atal
order to create and promote a culture of innovation Incubation Centers, out of which 500 are women
and entrepreneurship across the length and led Startups.
breadth of the country, the Government has also Due to the Startup India Initiative by the
launched the Atal Innovation Mission (AIM) with Government, India has emerged as the third
Self-Employment and Talent Utilisation (SETU) largest ecosystem for successful Startups
Programmes under the Startup India initiative. It and has also become the third largest unicorn
will serve as a platform for promotion of world- community.
New India Samachar 15
