Business & Economics Dictionary

A company registered under the Companies Act that provides banking services without holding a banking license.

A major road in Bengaluru that has become a prime IT and commercial corridor.

A unique 10-character alphanumeric identifier issued by the Income Tax Department to taxpayers.

A significant change in a startup's business model, product, or target market while staying true to its core vision.

The degree to which a product satisfies strong market demand, essential for startup success.

A scheme offering financial incentives to manufacturers for increasing production in India.

A financial statement summarizing revenues, costs, and expenses over a period to show net profit or loss.

A landmark law regulating real estate sector to protect homebuyers and promote transparency.

A significant decline in economic activity spread across the economy, lasting more than a few months, typically visible in GDP, income, employment, and production.

India's central banking institution that controls monetary policy, regulates banks, and manages currency.

A performance measure used to evaluate the efficiency of an investment, calculated as (Gain - Cost) / Cost × 100.

The amount of time a startup can operate before running out of money, typically measured in months.

The regulatory body for securities and commodity markets in India, protecting investor interests.

Nickname for Bengaluru, referring to its status as India's premier technology and startup hub.

A software distribution model where applications are hosted in the cloud and accessed via subscription.

The interconnected network of entrepreneurs, investors, mentors, and support organizations that foster startup growth.

The fundamental economic model describing the relationship between the availability of a product and the desire for it.

An investment method where a fixed amount is invested regularly in mutual funds.

A tax imposed on imported goods and services, designed to protect domestic industries or generate revenue.

A system where tax is deducted at the point of income generation, ensuring regular tax collection.