Sandeep Soni

Articles By Sandeep Soni

851 Articles

Only a third of MSMEs looking to benefit from Modi govt’s Atmanirbhar campaign despite awareness

Ease of Doing Business for MSMEs: Only 22 per cent respondents were aware about the Rs 3 lakh crore emergency credit line guarantee scheme announced by the Finance Minister Nirmala Sitharaman for Covid-hit MSMEs in May.

Snapdeal’s Kunal Bahl to head CII’s e-commerce committee; these areas are on immediate agenda

Kunal Bahl-led committee will have “upcoming e-commerce policy, the consumer protection rules and a consistent interpretation of the intermediary status of e-commerce platforms” on its immediate agenda.

BSE sees more listings ahead on its Startups platform; partners with IIT Alumni Council to ease process

The council, which is a global body of IIT alumni, students and faculty across 23 IITs, will work towards bringing in bringing transparency, governance improvement, market discovery of share price, providing liquidity to PE i

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Mukesh Ambani’s Jio Platforms raises Rs 730 crore from Qualcomm; sells 0.15% stake

The investment by Qualcomm Ventures into Jio Platforms will be made in exchange for 0.15 per cent equity stake at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.

MSMEs see no benefit so far from anti-China chorus; expect business normalcy in 12 months

Ease of Doing Business for MSMEs: MSME Minister Nitin Gadkari has been urging MSMEs to take benefit of the current crisis faced by China as an opportunity to grow. The minister had asked the industry to attract investments fr

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Myntra, Flipkart, Snapdeal, others begin showing country of origin even as DPIIT suggests Aug 1 deadline

Online retailers have sought a three-four month time period from DPIIT to update country of origin details for every product listed online. They had agreed to display the same during their first meeting related to this issue

Sequoia, Accel lead startup investors’ funding tally in H1 2020 even as investment declines 29%

Funding in the first half of 2020 was led by $500 million raised by Byju’s from Tiger Global and General Atlantic (in two separate deals) and $300 million secured by FirstCry from SoftBank. Zomato, Swiggy, Unacademy and Bou

Now shop for products handpicked by digital influencers on Flipkart’s refurbished goods vertical 2Gud

The company’s refurbished goods platform 2Gud has now forayed into social commerce space to allow users to track and follow the latest videos on fashion trends, gadgets review, beauty tips etc. by various digital influencer

Back from the brink: Unlock 1.0 puts MSMEs back on recovery path littered with manpower, capital issues

Ease of Doing Business for MSMEs: For MSMEs, it is critical to keep their expenses in check and remain solvent in the current scenario. Lack of solvency in the business would further not allow them to take advantage of the no

PE-VC capital piles up due to fewer deals by investors amid Covid; fundraising to stay muted this year

Due to Covid, exits from companies are likely to decline in the next six-12 months as investors are expected to remain invested in companies for a longer period to achieve desired returns.

Covid-spooked startup funding may not fully recover this year; majority investors not looking for deals

Going forward, 59 per cent investors would prefer working with startups in their current portfolio until the situation improves instead of working on new deals.

Ploughing for scale amid Covid: How agritech startups are fighting pandemic to retain farmer connect

The contactless purchase has been part of the new normal in the agri tech ecosystem. The pandemic has created greater urgency for small farm-owners to shift to digital trading not just for better deals but overall safety and

Agritech startup innovations are addressing some of our key challenges connected to agriculture and food production.

Modi govt eases registration for MSMEs; launches portal for setting up business with only Aadhaar

Ease of Doing Business for MSMEs: MSMEs already having Entrepreneurs Memorandum (EM)-II or Udyog Aadhaar Memorandum (UAM) registrations etc., issued by different authorities under the Ministry of MSME, will also have to regis

Chinese apps ban watershed moment for desi startups’ user experience, valuation only if sentiment stays

The government on Monday had banned “malicious” 59 Chinese apps including TikTok, Helo, WeChat, Club Factory, Shareit, UC Browser, Cam Scanner and more for being "engaged in activities which are prejudicial to sovereignty

Mukesh Aghi, president of US-India Strategic and Partnership Forum, told PTI on Wednesday that this is India's internal security matter.

Marico strengthens bet on men’s grooming market; acquires startup Beardo

Marico had already acquired a 45 per cent stake in Beardo back in 2017 to tap into the men’s grooming market in India.

OYO, Byju’s, Swiggy, Zomato lead startup funding in H1 2020 even as Covid pulls down deal volume, value

The first half of 2020 saw investors including SoftBank and Naspers leading large rounds of funding in unicorn companies even as OYO, Swiggy, Postman, Byju’s, Zomato were among the top fundraisers.

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Notice to Amazon, Flipkart, others: Delhi HC seeks e-commerce firms’ stand on displaying country of origin

The Delhi High Court has sought responses from the e-commerce companies including Amazon, Flipkart and others on giving consumers information about the country where the product has been made.

Scooter rental startup Bounce cuts 22% jobs; co-founder explains “incredibly difficult” move in letter

Six-year-old Bounce had last raised $96.8 million in its Series D round in January this year and competes with Vogo, Onn Bikes, and other two-wheeler rental startups.

Now pay for your Swiggy order from new digital wallet as food delivery firm adds another payment mode

Using Swiggy Money, users would be able to avail instant refunds, top-up their wallet and make single click purchase without multiple authentications.

Swiggy begins home delivery of alcohol, starts from Ranchi

Your Amazon package is now single-use plastic free as company hits milestone across fulfilment centers

Amazon had conducted multiple pilots while developing the single-use plastic-free solution to look at the in-transit strength of its packaging.

Amazon India to hire 20,000 temporary staff in customer service to serve global customers

Strong execution of stimulus package must for reviving MSMEs, says GAME task force; suggests measures

Ease of Doing Business for MSMEs: The task force, which has members including Persistent Systems Chairman Anand Deshpande, ITC chairman Sanjiv Puri, Apollo Hospitals joint MD Sangita Reddy, Teamlease chairman Manish Sabharwal

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Google’s investment fund CapitalG backs small business lender Aye Finance; leads new funding round

Credit and Finance for MSMEs: The investment was led by Google’s private equity fund CapitalG while existing investors LGT Lightstone, Falcon Edge Capital, A91 Partners and MAJ Invest also participated.

Now Flipkart’s users in South need not struggle with language as company deepens connect with Bharat

New languages on Flipkart are in addition to the English and Hindi interfaces available for users while Amazon offers interfaces in English and Hindi only as of now.

Amazon, Flipkart, Snapdeal, others now must show country of origin amid China boycott calls

E-commerce marketplaces agreement to display the country of origin for online retailers has come a day after the Finance Ministry asked sellers on public procurement portal Government e-Marketplace (GeM) to mention the same f

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Govt’s MSME credit scheme continues to roll with 800% jump in amount disbursed to small businesses

Credit and Finance for MSMEs: The amount sanctioned under the Rs 3 lakh crore collateral-free scheme crossed Rs 79,000-crore mark, as of June 20, 2020, while the amount disbursed stood at Rs 35,000 crore.

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No turning back: Covid-led e-retail, payments growth here to stay even as in-store buying may stay muted

Across the world, Coronavirus has led to a 20 per cent growth in revenues for digital commerce during the first quarter of 2020 from a year earlier.

Hic, hic, hurray! Amazon, BigBasket users in West Bengal to get e-booze; 8 more startups may get permit

The ease in regulations for online delivery of liquor has given last-mile delivery companies such as Amazon, BigBasket, Swiggy, Zomato etc. another channel to earn revenue and cope up with the Covid impact on their businesses

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