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GST RollOut: India Against The World
The year was 1954. In an attempt to reduce tax evasion, France introduced a new scheme which since has been adopted by more than 160 countries, the Goods and Services Tax. With an aim to introduce the concept of One Nation, One Tax, India recently joined the GST bandwagon to unite indirect taxes under one umbrella. In light of India’s newest entry, let’s take a look at how the GST taxes are levied around the world.
Just like the Indian Constitution, the GST has also drawn inspiration from other countries. The dual GST system which allows both levels of the Government to levy and collect taxes is similar to that applied in Canada and Brazil. In Canada, the Goods and Service tax is levied by the Federal government while the State levies the Provincial sales taxes ranging from zero to ten percent. Brazil also follows a similar structure with the Federal tax imposed by the center varies from 17% to 18% and the State tax varies between 4% and 255.
In India, however, GST is broken into four slabs between 5,12,18 and 28 percent but there are seven categories of taxes in total. While 75% of goods and services fall under the blanket tax of 18% certain commodities and services can be charged with 28% tax rates. In a majority of the countries around the world, a single central GST tax is levied sticking to the concept of One Nation, One Tax. Singapore, Malaysia, New Zealand, Thailand, Australia, Denmark, Germany, Indonesia, Mauritius, South Africa and the United Kingdom to name a few have only one tax rate across the country.
A strong reason behind India having a dual GST structure lies in the irregular distribution of finances with the majority of the population still living in rural areas. Another notable difference is the GST is payable at the final point of consumption meaning that current taxable events such as manufacturing of goods and rendition of services will not be relevant under the new regime.
The United States of America, despite being a major economy in the world does not have GST as States have high autonomy in taxation. Australia had one of the most smooth implementations of GST in 2000 with a rate fixed at 10%. Malaysia joined the GST bandwagon with 6% rate in 2015, after 26 years of debate. France levies GST at the rate of 19.6% today, while the GST rate in the United Kingdom is 20%.
Rozana, India’s leading rural retail platform, has secured ₹290 crore ($35 million) in a Series B funding round led by Bertelsmann India Investments (BII), with participation from Omidyar Network India, Vivid Capital, and Tana Investment Holding. This Rozana funding brings its total capital to over ₹500 crore, fueling hyperlocal expansion in underserved rural markets. Founded in 2021 by brothers Prashant and Prateek Chauhan, the startup’s phygital model blends micro-stores, app-based ordering, and last-mile delivery to connect 5 million+ users in 12 states with brands like ITC and HUL.
The ₹290 crore investment will supercharge Rozana’s rural omnichannel retail strategy, targeting 5x growth in 18 months. Plans include adding 5,000 micro-stores in Uttar Pradesh, Bihar, and Rajasthan; AI-powered inventory tech; and new categories like groceries and electronics. By empowering 20,000+ rural micro-entrepreneurs, Rozana taps into India’s $700 billion rural retail boom, where smartphone penetration and UPI drive 12% annual growth.
This Rozana Series B milestone positions it as a frontrunner against rivals like Ninjacart, eyeing unicorn status by 2028 amid ONDC tailwinds. CEO Prashant Chauhan emphasized, “We’re building rural prosperity through accessible premium brands.” For more on Rozana funding news and rural retail trends, stay updated on India’s startup ecosystem.
Peak XV Partners has launched three new funds totaling $1.3 billion, targeting India’s booming startup ecosystem. The lineup features the $600M Surge fund (8th edition) for early-stage ventures, a $300M Growth Fund for Series B+ scaling, and a $400M Acceleration Fund for rapid portfolio expansion. This commitment arrives as India’s VC inflows rebound, with AI and fintech leading 2026 trends.
These funds build on Peak XV’s legacy of backing unicorns like Zomato and Pine Labs, offering founders capital plus strategic guidance amid post-winter recovery. Early-stage deals surged 20% last year per Tracxn, positioning Peak XV to fuel the next wave of innovation in SaaS, climate tech, and consumer plays.
For startups eyeing Peak XV new funds or Surge fund 2026 applications, this signals prime opportunities. Investors and marketers should watch for deployment updates India remains a global VC hotspot.
Hyderabad, January 13, 2026 Neeman’s, India’s leading D2C footwear brand famed for sustainable shoes and patented PIXLL® technology, has raised $4 million from existing investors. This funding boosts its cumulative capital past $10 million since 2015, with a post-money valuation nearing $50 million. CEO Vijay Chahoria emphasized offline retail as the “next frontier,” planning 50+ new stores in Tier 2/3 cities like Jaipur and Lucknow to blend eco-friendly innovation with hands-on customer experiences.
In India’s booming D2C ecosystem where footwear sales hit ₹1.2 lakh crore in 2025 Neeman’s targets hybrid retail amid high online CAC and 25-30% returns. Backed by vegan, machine-washable shoes priced ₹2,000-4,000, the brand leverages PIXLL® (5x more breathable than leather) for carbon-neutral comfort. Recent 5x revenue growth to ₹100 crore ARR, 1M+ pairs sold via Myntra and stores, and awards at India D2C Summit 2025 position it ahead of rivals like Paaduks.
Neeman’s offline expansion India eyes the $15B sustainable footwear market by 2028, fueled by PLI schemes, Gen Z’s 70% eco-preference (Nielsen), and Southeast Asia exports. Challenges like real estate costs are offset by data-driven inventory and omnichannel QR tech. Watch for Q1 2026 launches in Hyderabad and Bengaluru redefining D2C success through authentic, “Wear the Change” branding.
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