The Indian government is considering expanding the official definition of startups to include more companies beyond current age and turnover limits. Officials said the move aims to support innovation led firms that require longer gestation periods, especially in deep tech and capital intensive sectors. A broader definition could allow more firms to access tax benefits, incentives,regulatory support,strengthening India’s startup ecosystem and long term competitiveness globally.

AquaAirX has secured ₹12.5 crore in a seed funding round led by Rainmatter to accelerate development of its deep tech air purification and climate control solutions.The startup plans to deploy capital toward product engineering, pilot deployments, and team expansion. Backing from Rainmatter signals investor confidence in scalable clean air technology addressing urban pollution and industrial air quality challenges across India markets and sustainability goals.