Magzter GOLDで無制限に

Magzter GOLDで無制限に

10,000以上の雑誌、新聞、プレミアム記事に無制限にアクセスできます。

$149.99
 
$74.99/年

試す - 無料

CANADA'S STARTUP VISA: PUTTING LIVES ON HOLD

Mint Hyderabad

|

November 28, 2025

Legal uncertainty has left entrepreneurs stuck despite building businesses and putting down roots

- Shilpashree Jagannathan

When Maulik Pandya, founder of Eatance, a food tech startup based in Toronto, posted on LinkedIn in October that after years of waiting, he was giving up on his Canadian dream and moving back to India, the message went viral across WhatsApp groups and founder circles in both countries. His note became a talking point for hundreds of immigrant entrepreneurs stuck in Canada's Startup Visa (SUV) backlog.

Pandya's emotional post captured a crisis unfolding across Canada: many Indians had reached the country's shores, lured by the SUV programme, family in tow, with plans to start up and make it big. They now find themselves stuck, unable to raise funds, unable to travel, and in some cases, unable to stay.

Gaurav Chauhan is a case in point. The co-founder of KonarkPro, a time-tracking platform for employees, and Jellyfish Technologies, a software company, moved to Canada in 2022 under the SUV programme. His co-founder, Amit, remains in India, because his permanent residency (PR) file is still being processed. "When I applied, the processing time was around 18 months," Chauhan says. "By the time I landed, it had crossed 30 months. Now, the tracker says more than 10 years."

Chauhan's business is profitable. He pays himself a salary, employs 70-80 people in India, and pays taxes in Canada. But his legal status is unstable and he cannot plan beyond a few months. The entrepreneur says his first work permit in Canada expired in June 2023. Renewal requests took months and came back with reduced validity. His wife has been unable to leave Canada for over a year because travelling would risk her immigration status and reentry. The couple's children's study permits are tied to expiring passports and are renewed only with six-month expiry.

To top it all, Chauhan has faced questioning at ports of entry. "It feels like living in a

Mint Hyderabad からのその他のストーリー

Mint Hyderabad

Serentica may raise $8 bn for expansion

Serentica Renewables plans to raise between $6 billion and $8 billion over the next five years, to help fund acquisitions and build projects as it looks to more than double its clean energy capacity in India, a top executive said.

time to read

1 min

November 28, 2025

Mint Hyderabad

Avaada to invest ₹1 trillion in 5 years

Renewables-focused Avaada Group is aiming to invest ₹1 trillion across the country over the next five years as part of its expansion into both power generation and associated businesses.

time to read

1 min

November 28, 2025

Mint Hyderabad

Mint Hyderabad

Paint firms strengthen moats as competition heats up

A bruising market-share battle is escalating in India's ₹70,000-crore paints sector, forcing companies to look beyond aggressive discounting and instead strengthen their foothold in key geographical areas while sharpening their product portfolios.

time to read

2 mins

November 28, 2025

Mint Hyderabad

Mint Hyderabad

Sebi now trains sights on commodity derivatives

Following clampdown on equity derivatives after studies revealed steep retail losses, the stock market regulator is turning its attention to the commodity derivatives segment (CDS).

time to read

1 mins

November 28, 2025

Mint Hyderabad

VentureSoul closes first debt fund at ₹300 crore

VentureSoul Partners has announced the close of its maiden debt fund at ₹300 crore, with plans to raise an additional ₹300 crore through a green shoe option by February 2026.

time to read

1 min

November 28, 2025

Mint Hyderabad

Lok Sabha committee reviews insolvency law changes

The revised bill is likely to be tabled in the second or third week of December.

time to read

1 mins

November 28, 2025

Mint Hyderabad

CANADA'S STARTUP VISA: PUTTING LIVES ON HOLD

Legal uncertainty has left entrepreneurs stuck despite building businesses and putting down roots

time to read

8 mins

November 28, 2025

Mint Hyderabad

Mint Hyderabad

Diversification holds the key to reducing our trade vulnerability

India's merchandise exports are less exposed to US policy vagaries than services. The latter need to find new export markets

time to read

4 mins

November 28, 2025

Mint Hyderabad

Paytm gets nod for payment aggregator

Fintech firm One97 Communications said its subsidiary Paytm Payments Services Ltd (PPSL) has got the Reserve Bank of India (RBI) permit to operate as a payment aggregator.

time to read

1 min

November 28, 2025

Mint Hyderabad

Consumers warm up to Bolt as it aces 10-min hunger games

A year after launch, Bolt is emerging as Swiggy's fastest-scaling bet.

time to read

2 mins

November 28, 2025

Listen

Translate

Share

-
+

Change font size