Page 4 of MSME News

IIT Bombay’s incubator plans Rs 100-crore fund; support to 1,000 startups in 10 years

The institute said the startup fund will focus on science, biotech, space, defense, and other national priority sectors.

November 22, 2024 14:09 IST

Zepto raises $350 million funding in largest domestic fundraise

The latest capital infusion will add to Zepto’s war chest, enabling it to compete with its larger rival Zomato-owned Blinkit…

November 22, 2024 11:03 IST

OYO-owned Innov8 to raise Rs 100 crore funding at Rs 1,200 crore valuation

The investment will be used to fund the company’s expansion plans to double its coworking centres in India to 100…

November 21, 2024 18:43 IST

IISc’s innovation centre FSID launches accelerator programme for product innovation, development

The institute said Pravriddhi will promote market-driven and design-led manufacturing to enable India to innovate and compete on the global…

November 21, 2024 17:30 IST

PharmEasy FY24 results: Revenue falls nearly 15%, losses narrow by 51%

PharmEasy competes with Tata’s 1MG, Netmeds, Apollo 24/7, Trumeds, and marketplaces such as Flipkart Health+ and Amazon Pharmacy.

November 21, 2024 15:06 IST

MSME jobs in India cross 23 crore mark: Govt data

The total employment also included 2.84 crore jobs by 2.38 crore informal micro units registered with the government through Udyam…

November 20, 2024 17:09 IST

Mayank Bidawatka, who built India’s Twitter rival Koo, raises $4M for his new startup Billion Hearts

The seed round has been led by Blume Ventures with participation from General Catalyst and Athera Venture Partners.

November 20, 2024 12:00 IST

Delhi air pollution to hurt traders with 20% estimated business loss: CAIT

CAIT Secretary General Praveen Khandelwal said rising pollution levels deter consumers from venturing out, especially in crowded markets, leading to…

November 19, 2024 18:47 IST

81% of small organisations to transform their tax operations with tech in 5 years: Survey

81% of small organisations to digitise their tax operations in 5 years: Survey

Most respondents in the Deloitte India’s survey cite integration issues with current systems and lack of tax technology professionals as…

November 19, 2024 16:10 IST

Want to change your company name? Here’s the process

When contemplating a name change, companies should carefully assess its potential impact. A thorough market analysis can ensure the new…

November 19, 2024 13:30 IST

HealthKart raises $153 million from ChrysCapital, Motilal Oswal Alternates, others

The company also announced an employee ESOP buyback of Rs 55 crore, its first liquidity event.

November 18, 2024 17:26 IST

GeM holds seller onboarding drive at India International Trade Fair

In furtherance to this objective, the GeM pavilion has been equipped with a professional photo shoot set up for instant…

November 18, 2024 16:27 IST

MSME registration: Check online process to modify or change details to your Udyam certificate online

Enterprises with turnover up to Rs 250 crore are eligible to register on the Udyam portal and make changes to…

November 18, 2024 14:03 IST

“India traversed remarkable journey from struggles of independence to riding waves of aspiration and development”: PM Modi

Now, India’s youth are fostering a vibrant startup ecosystem, with over 1.25 lakh registered startups shaping the economy. Today, nearly…

November 16, 2024 14:00 IST

Niti Aayog’s WEP partners with Urban Company to empower women

A baseline study conducted by MicroSave Consulting identified four key sectors with more than 1,00,000 women MSMEs — beauty &…

November 16, 2024 13:41 IST

Many startups are like upstarts as they end up burning strategy, brand & technology: Rajiv Bajaj

He said those who enter a market without a strategy are “upstarts” and end up burning everything — from their…

November 14, 2024 18:44 IST

rapido, bike taxi, karnataka, high court, karnataka hc, court order, ola, uber, rapido bike, uber bike, ola bike

Ride-hailing startup Rapido narrows losses by 45% in FY24, operating revenue jumps 46%

“This growth was fueled by a 1.5x rise in ride orders, reaching nearly half a billion rides in FY24, underscoring…

November 14, 2024 12:55 IST

India’s Blue Energy Motors plans to raise $100 mln by January, CEO says

Blue Energy, India’s first LNG truck manufacturer, was valued at $250 million in its previous fundraising round.

November 13, 2024 18:45 IST

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‘Solar-plus-storage will dominate the energy mix,’ says Vineet Mittal

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Avaada Group, a top renewable energy company, has launched solar plants in Maharashtra and signed a Rs 5,000-crore deal for renewable energy projects in Bihar. Chairman Vineet Mittal talks about the effects of GST cut on solar products, plans for manufacturing, and progress in green projects. The company is also seeking funding from international lenders for its projects.

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