India Reforms
Several reforms have been introduced in India to support the growth of startups. *SEBI's new inoperative fund framework* aims to simplify the winding-up rules for alternative investment funds. The *Taxation Laws (Amendment) Bill* has been introduced to attract more foreign capital and provide policy certainty. The *Sidbi* has tweaked startup fund rules to nudge VCs to draw capital faster. These reforms are expected to have a positive impact on the startup ecosystem in India. Many startups have achieved *ZED certification*, which has helped them strengthen their competitiveness. Some startups, such as *Sarvam*, have received significant funding to support their growth.
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