HQ VFX, a visual effects (VFX) studio based in India, has been recognized by the Startup India program. This recognition is a significant achievement for the company, as it acknowledges HQ VFX’s potential as a promising startup with the ability to make a significant impact in the VFX industry.

HQ VFX is a company that specializes in creating high-quality visual effects for films, television shows, and commercials. The company was founded with the goal of providing world-class VFX services to clients in India and around the world. The company has a team of experienced professionals who are passionate about VFX and are committed to delivering top-quality work to their clients.

To be recognized by the Startup India program, a company must meet certain criteria, such as being incorporated in India and having a turnover of less than INR 100 crores (approximately USD 13 million). The company must also be working towards innovation, development or improvement of products or processes, or must be creating or adding value to society. HQ VFX has met all these criteria and has been recognized as a promising startup.

Being recognized by the Startup India program has provided HQ VFX with a range of benefits that will help the company to grow and expand. For example, the company is now eligible for a tax holiday for a period of three years, which means that it will not have to pay any income tax during this period. The company is also eligible for a range of government schemes and grants, which can help it to fund its growth and expansion plans.

In addition, HQ VFX now has access to a network of mentors and advisors who can help the company to navigate the challenges of scaling up its business. This is particularly valuable for a startup like HQ VFX, which is in a highly competitive industry and faces a range of challenges related to technology, talent acquisition, and client acquisition.

Overall, being recognized by the Startup India program is a significant achievement for HQ VFX, and the company is now poised for growth and success in the years to come.