{"id":14723,"date":"2019-02-02T04:44:48","date_gmt":"2019-02-02T04:44:48","guid":{"rendered":"http:\/\/faceinews.com\/?p=14723"},"modified":"2019-02-02T04:44:48","modified_gmt":"2019-02-02T04:44:48","slug":"post-budget-quote-mr-karthik-ramaiah-co-founder-kobster","status":"publish","type":"post","link":"https:\/\/www.faceinews.com\/?p=14723","title":{"rendered":"Post Budget Quote &#8211; Mr. Karthik Ramaiah, Co-founder, Kobster,"},"content":{"rendered":"<p style=\"font-weight: 400;\"><strong>Post Budget Quote &#8211; Mr. Karthik Ramaiah, Co-founder, Kobster,<\/strong><\/p>\n<p style=\"font-weight: 400;\"><strong><a href=\"http:\/\/faceinews.com\/wp-content\/uploads\/2017\/11\/Faceinews-Logo-Copy.png\" rel=\"attachment wp-att-7654\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7654\" src=\"http:\/\/faceinews.com\/wp-content\/uploads\/2017\/11\/Faceinews-Logo-Copy.png\" alt=\"Faceinews Logo - Copy\" width=\"173\" height=\"43\" \/><\/a>\u00a0<\/strong><\/p>\n<p style=\"font-weight: 400;\">It\u2019s heartening to note that the startup ecosystem saw over $10.5 billion of venture capital investment in 2018 in the country; and the sector is witnessing investments in\u00a0Tier II cities\u00a0too because of a maturing ecosystem. The aim to create\u00a0one lakh digital villages in the next five years\u00a0is laudable.<\/p>\n<p style=\"font-weight: 400;\">\n<p style=\"font-weight: 400;\">The fact that mobile data usage in India has increased by an exceptional 50 percent within no time and the cost of data and voice calls in the country being possibly the lowest in the world came as pleasant revelations.\u00a0 Mobile and its parts manufacturing companies having grown from 2 to 268 now, creating thousands of jobs in both urban and rural areas of the country is great news and truly inspires the \u2018Digital\u2019 cause.<\/p>\n<p style=\"font-weight: 400;\">\n<p style=\"font-weight: 400;\">However, from\u00a0a new age startup perspective, we feel that the\u00a0<em>Angel Tax issue shouldn\u2019t have remained unaddressed. However, since the Department of Industrial Policy &amp; Promotion (DIPP), which has now been renamed to\u00a0<\/em>Department for Promotion of Industry and Internal Trade,\u00a0<em>is meeting up on the issue, we are expecting some positive outcome from it.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Post Budget Quote &#8211; Mr. Karthik Ramaiah, Co-founder, Kobster, \u00a0 It\u2019s heartening to note that the startup ecosystem saw over $10.5 billion of venture capital investment in 2018 in the country; and the sector is witnessing investments in\u00a0Tier II cities\u00a0too because of a maturing ecosystem. The aim to create\u00a0one lakh digital villages in the next [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-14723","post","type-post","status-publish","format-standard","hentry","category-finance"],"_links":{"self":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/14723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14723"}],"version-history":[{"count":1,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/14723\/revisions"}],"predecessor-version":[{"id":14724,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/14723\/revisions\/14724"}],"wp:attachment":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}