Private sector lenders have started extending short term credit to meet working capital needs for Ola, Power2SME, Flipkart, OYO, Zinka, Capital Float, investment banker-turned-entrepreneur Fulguni Nayar-owned Nykaa and many others.
Co-working spaces are popping up across Indian metros as well as tier-II cities, providing startups with flexible working options at affordable rents.
“We are ready for implementing it from July . The law is ready , the rules have been finalised and are in public domain and our IT infrastructure is ready ,“ said revenue secretary Hasmukh Adhia.
