Setting up a Business Entity: A Guide for Indian Entrepreneurs

By Dr. Saikat Gochhait, Dr CA Abhijit Chirputkar, Dr. Anand Shindikar, CA Kiran Kunte, Dr. Sophia Gaikwad | Symbiosis International (Deemed University), Symbiosis International (Deemed University), Symbiosis International (Deemed University), Symbiosis International (Deemed University), Symbiosis International (Deemed University)

Learners enrolled: 1867

Course Overview :This course aims to helps participants develop a thorough business plan from the idea generation to incubation enabling a connect with real-time mentors for counseling and guidance and finally culminating into an opportunity of a business plan competition. Thus it completes a full circle with a participant being able to pitch their real time filtered ideas and business plan to a probable investor for getting funded and building a startup. This course is also unique and different as it enables the learners to learn through mentors, facilitators and peers all at one time and helps them resolve their queries. Students, entrepreneurs, homemakers and aspiring small business people can engage through the course and take its benefit with better understanding on the startup Eco system.

Objectives :

1. To define the concept of Entrepreneurs, and Intrapreneurs and classify the different types of businesses.

2. To identify market gaps, develop solutions through ideation and translate them into concrete business ideas.

3. To identify the role of different incubators and EDP's.

4. To identify the legal and ethical foundations for startups, and start up financing.

Summary

Course Status :	Ongoing
Course Type :	Core
Language for course content :	English
Duration :	8 weeks
Category :	Entrepreneurship
Credit Points :	3
Level :	Postgraduate
Start Date :	20 Jan 2025
End Date :	30 Apr 2025
Enrollment Ends :	28 Feb 2025
Exam Date :	24 May 2025 IST
Translation Languages :	English
NCrF Level	6.5
Industry Details :	Retail
Exam Shift :	2

Note: This exam date is subject to change based on seat availability. You can check final exam date on your hall ticket.

Page Visits

Course layout

Week 1: Concept of Entrepreneurs, and Intrapreneurs
Week 2: Classification of the different kinds of businesses
Week 3: Role of different incubators and EDP’s
Week 4: Role of Entrepreneurial Development Programs (EDP)
Week 5: Setting up of business entities
Week 6: Legal Issues in Entrepreneurship
Week 7: Goods and Services Tax (GST) Registration
Week 8: Startup funding

Exam Schedule

Books and references

Taxmann's Setting up of Business Entities and Closure, Taxmann Publications Private Limited (2023)

How to Start a Business in India,Clever Fox Publishing, 2020

FT Guide to Business Start Up 2021-2023 ,Pearson Education Limited

Harvard Business Review Entrepreneur's H: Everything You Need to Launch and Grow Your New Business (HBR Handbooks)

Instructor bio

Dr. Saikat Gochhait

Symbiosis International (Deemed University)

Dr. Saikat is a distinguished academician and researcher with a robust blend of academic achievements, teaching expertise, and industry exposure. His contributions span across marketing, entrepreneurship, information technology, and cutting-edge research in Artificial Intelligence (AI) and healthcare technology.

Academic Excellence

Dr. Saikat's academic journey is marked by prestigious fellowships and global recognition. He earned a Post Doctoral Fellowship in Entrepreneurship from the University of Extremadura, Spain, in 2018, followed by another Post Doctoral Fellowship from National Dong Hwa University, Taiwan, in 2019. His doctoral degree in Marketing, conferred by Sambalpur University, India, in 2014, was a cornerstone of his academic journey, with his thesis earning the esteemed Doctoral Bursary Award from Coventry University, UK, in 2010.

His academic credentials are further enriched by notable fellowships, including the DITA Fellowship from the University of Deusto, Spain, in 2016, the MOFA Taiwan Fellowship in 2019, and a Russian Fellowship from Samara State Medical University, Russia, in 2020. In recognition of his exceptional contributions to intercultural research, Dr. Saikat was awarded the Honoris Causa by ITUEM, Mexico, in 2023.

Teaching and Industry Experience

Dr. Saikat has over 15 years of teaching experience in marketing, entrepreneurship, and information technology, equipping students with the knowledge and skills to excel in dynamic environments. His academic expertise is complemented by five years of industry experience in manufacturing with renowned organizations like Tata Groups and Bajoria Groups, providing him with a pragmatic understanding of industry dynamics.

Research and Collaborations

A passionate researcher, Dr. Saikat has successfully collaborated with over 40 universities worldwide, driving advancements in AI, healthcare technology, and entrepreneurship. His innovative work has led to the development of a patented model that addresses contemporary challenges in these domains. He has authored over 100 Scopus-indexed research publications, many of which are in collaboration with esteemed universities outside India, showcasing his commitment to global knowledge exchange.

Project Grants and Innovations

Dr. Saikat's research endeavors have garnered substantial support from prestigious funding bodies, including the Department of Science and Industrial Research, SIDBI, and the Department of Science and Technology, Government of India. His leadership in innovation was evident when he headed the Business Incubator (BI) funded by the Ministry of Micro, Small & Medium Enterprises (MSME) from 2016 to 2017.

Currently, Dr. Saikat holds five patents, including one invention patent, which underscores his contributions to technological advancements. His research interests lie at the intersection of technology and human-centric solutions, making significant strides in intellectual property development.

Global Impact

Dr. Saikat’s academic and professional pursuits are deeply rooted in a vision for fostering innovation and global collaboration. His efforts have bridged the gap between academia and industry, setting a benchmark in interdisciplinary research.

In summary, Dr. Saikat’s career is a testament to excellence in academia, innovation, and industry engagement. His extensive experience, coupled with global collaborations, continues to inspire and shape the future of research and education.

Dr CA Abhijit Chirputkar

Symbiosis International (Deemed University)

Dr. Abhijit Chirputkar is presently the Director at Symbiosis Institute of Digital and Telecom Management (SIDTM) which is a constituent of Symbiosis International (Deemed University) (SIU). He is a Rank holder in M.Com. in University of Pune. He is a Chartered Accountant and before joining Symbiosis, he was a practicing Chartered Accountant and Certified Information Systems Auditor. He furthered his education in finance and completed a program of Masters in Business Finance from ICAI. He has consulting experience of more than ten years in the areas of Finance, Audit and Assurance, Taxation. He has more than 22 years of teaching experience including corporate training. He has written more than 35 articles, papers, case studies and chapters in books and more than 5 patents to his credit. He has presented papers in national and International Conferences including IIM-A.

Dr. Anand Shindikar

Symbiosis International (Deemed University)

Dr. Anand Shindikar

(Head-Intellectual Property)

Dr Anand Shindikar is currently working as an Associate Professor and Head, Intellectual Property (IP) Cell at Symbiosis Centre for Research and Innovation (SCRI), Symbiosis International (Deemed University), Pune, India.

Dr Anand Shindikar received the doctoral and postgraduation qualification in Pharmaceutical sciences from University of Mumbai.

He is a registered Indian Patent Agent. He has more than 17 years of cumulative research experience inclusive of Industry and Medical research. His research areas include Chemical Process Development, Drug Discovery and Health Sciences. During his stint in pharma industry, he has developed efficient chemical processes for drug and drug intermediates.

As an inventor, he has to his credit, patent applications published in India and abroad. He has presented research work in various Drug Discovery conferences, Indian Pharmaceutical Congress and in conferences held by Indian Society of Chemists and Biologists. His research work on Antiepileptic drugs molecules, Antimycobacterial agents has been published in peer reviewed journals with 120 + citations.

Dr. Shindikar is a recipient of HF Khorakiwala Gold Medal.

He has held the following research fellowships

i) Amrut Mody Research Fellowship at Bombay College of Pharmacy, Santacruz, Mumbai,

ii) Senior Research Fellowship of Council of Scientific and Industrial Research (CSIR),

Govt. of India

iii) Senior Research Fellowship of Indian Council of Medical Research (ICMR),

Govt. of India.

He has received certification from Clinical Development Services Agency (CDSA) for completion of course work on ‘Current Regulatory Requirements for conducting clinical trials in India for investigational new drugs / new drug.

CA Kiran Kunte

Symbiosis International (Deemed University)

CA Kiran Gopal Kunte, is a distinguished Chartered Accountant (FCA, DISA, LL.B, IFRS, and Qualified Insolvency Professional) based in Pune. With over two decades of experience, he founded K.G.Kunte & Associates, a prominent firm specializing in Audit and Assurance, Direct tax representation, Corporate law, FEMA, and Project Finance. Kiran's expertise extends to Corporate Consultancy, Business Valuation, Systems Audit, and XBRL implementation.

Kiran actively engages in professional development through teaching and seminars. He conducts On-Site Management Programmes for SIBM at BACS (Gurgaon) and DB (Bangalore, Mumbai), and is a regular faculty for ICAI-CPE Seminars, particularly on Bank Branch Audit and Companies Act 2013. He has delivered lectures on XBRL and Concurrent Audit of Banks at Sarasbag CPE Study Circle, Pune. Kiran also contributes articles to ICAI Pune's newsletter.

Dr. Sophia Gaikwad

Symbiosis International (Deemed University)

Dr Sophia has been a Teacher Educator since 2007 and presently working as the Head of Symbiosis Teaching Learning Resource Centre (STLRC), Symbiosis International (Deemed University). She is with STLRC, since 2013. During this tenure the centre has planned and successfully organized more than 550 Faculty development programmes with National and International experts/ resource people from Academia and Industry; in the areas of Teaching, Learning, Evaluation, Andragogy, Higher Education and Research Methodology. STLRC, SIU received the 8th FICCI Higher Education Excellence Award in the category of “Excellence in Faculty Development” in November 2022. Her Ph.D. in Education from SNDT Womens’ University, focuses on Multiple Intelligences based teaching and she had received Sohani scholarship prize for the same. She has qualified SET and NET and also has an M.A. and M.Ed. to her credit. She works in the areas of Interactive Teaching-Learning, Andragogy, Instructional design, Higher Education, and Inclusion; and facilitates sessions on the same at various HRDCs and universities.She has authored two books on 'Teaching Methodology' and her research papers have been published in SCOPUS indexed journals. She has been the Reviewer of chapters of the IGI Global book, Cross-Disciplinary Approaches to Action Research and Action Learning; and also, is Reviewer and Article Editor for selected articles with SAGE open.

She has worked on various research projects including a minor research project on Assessing the needs and reach of training in higher education. She was also a team member from Symbiosis in an Erasmus+ funded project on Content and Language Integrated Learning (CLIL) in its initial phase during 2017-18. She is currently working in an Erasmus+ CBHE project on 21st Century teaching skills. She has travelled to The University of Castilla–La Mancha, Ciudad Real, Spain, The Royal University of Phnom Penh, Cambodia, Manipal Academy of Higher Education, Manipal, NCERT, New Delhi, Karnataka, Pondicherry University, Pondicherry, for training and project related work. She is an Approved Ph.D. supervisor of Symbiosis International (Deemed University) under the faculty of Humanities and Social Sciences; and presently 3 scholars are working with her. She is also an Approved Ph.D. Supervisor with Lincoln University College, Malaysia under the faculty of Education; and 2 scholars are working with her. 20 students have completed their Research work as a part of the M.Ed. syllabus under her guidance; and have submitted their dissertations to SNDT Women’s University. Till date 24 students have completed their Seminar paper which is a research paper to be written by students as a requirement of the last semester for the degree in B.A./B.Sc. Liberal Arts, Symbiosis School of Liberal Arts. These papers were under the theme of Inclusion, Creativity, Pillars of Education and NEP 2020. She has successfully completed the ‘Designing Learner Centric MOOC’ course with Silver Medal and closely monitors the work of MOOC creation at SIU.

Course certificate

Enrolling and learning from the course is free. However, if you wish to obtain a certificate, you must register and take the proctored exam in person at one of the designated exam centre’s. The registration URL will be announced when the registration form is open. To obtain the certification, you need to fill out the online registration form and pay the exam fee. More details will be provided when the exam registration form is published, including any potential changes. For further information on the exam locations and the conditions associated with filling out the form, please refer to the form.

Grading Policy:

Assessment Type	Weightage
Weekend Assessment	25%
Final Exam	75%

Certificate Eligibility:

40% marks and above in weekend assessment
40% marks and above in the final proctored exam

Score	Type of Certificate
>=90	Gold
75 - 89	Silver
70 - 74	Bronze
40 - 70	Successfully Completed
<40	No Certificate

Sample Certificate:

Disclaimer: In order to be eligible for the certificate, you must register for enrolment and exams using the same email ID. If different email IDs are used, you will not be considered eligible for the certificate.