STPI registered IT firms in Bengaluru export Rs 36,459 crore during lockdown

Software companies registered with Software Technology Parks of India (STPI), Bengaluru, have exported software worth Rs 36,459 crore during the lockdown period. STPI was the first organisation to enable work from home facility to its member units well before the national lockdown was declared on March 24, Omkar Rai, Director General, STPI, said in a statement.

To help start-ups during the COVID-19 lockdown to remain afloat, the government has waived-off rentals for start-ups operating out of the STPI for a period of four months from March 1, 2020 to June 30, 2020. About 18 start-ups in Karnataka have benefited from this.