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Showing posts from November, 2026

NIDHI-SSP Startup Funding: Can Early-Stage Startups Get Up to ₹1 Crore?

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  NIDHI-SSP Startup Funding: Can Early-Stage Startups Get Up to ₹1 Crore? The NIDHI-Seed Support Program (NIDHI-SSP) is a Government of India initiative that provides financial support to early-stage startups to develop innovative products, test business ideas, and start commercial operations. Eligible startups can receive seed funding of up to ₹1 crore through approved incubators. The actual amount depends on the startup's innovation, business potential, funding needs, and evaluation. Startups must submit a viable business plan and financial projections to an approved incubator. Sharda Associates helps prepare professional project reports and financial plans to support startup funding applications. Quick Answer Yes. A deserving early-stage startup may receive seed support of up to ₹1 crore under the NIDHI Seed Support Program (NIDHI-SSP) . However, ₹1 crore is the maximum support limit and is not guaranteed to every startup. Founders generally apply through a supported startup in...

Why Startups Need Accounting Software from Day One

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  Accounting software is one of the cheapest ways a startup can avoid expensive mistakes. It records every transaction in one place, creates GST-ready invoices, matches your bank entries, and gives you live reports on cash, profit and dues. A spreadsheet can work for a few weeks, but it breaks down quickly once sales, expenses and tax dates start piling up. At Sharda Associates , our Chartered Accountants (CA) help startups choose and set up their accounting system, file GST and tax returns from it, and prepare CA-certified project reports for bank loans and funding. When your books are kept in software from the first month, your project report can be built from real figures instead of rough estimates. That matters when a bank or investor reviews your business. Clean software records let a CA prepare projections, cash flow statements and repayment ratios quickly, and let you answer follow-up questions without searching through files. If you plan to raise a loan in the next year, ...