Indian Startups receiving FDI (Foreign Direct Investment) must comply with FEMA provisions and report the transaction to Reserve Bank of India (RBI). The article gives a brief overview of different steps involved in the compliance.
If statistics are to be believed, most businesses never receive Angel or Venture capital funding. How do they survive and become successful in absence of such investment? The article helps one find ways to bootstrap their business when VC money is either no available or not an option.