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2018 was not really a year of startups. Here's why

Updated : January 03, 2019 07:43 PM IST

While few large startups, such as Zomato and Swiggy, were able to raise big investments, most struggled on multiple fronts, as highlighted by a survey.
The Angel Tax, a 30.9 percent tax levied on investments made by external investors in startups, has made life difficult for an entrepreneur with many receiving income tax notices in 2018.
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