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  1. Business News
  2. Authors
  3. sandeep.soni

Sandeep Soni

zomato, food delivery, restaurant discovery, platform fee, daily payouts, restaurant partners, gst, zomato gov
Zomato announces Daily Payouts for small restaurants for better cash flow

Zomato said restaurants won’t have to pay additional fees for switching from weekly to daily payouts even as they would…

By Sandeep Soni
January 10, 2024 13:53 IST
sa-dhan, microfiance, mfi, micro and small enterprises, households, nirmala sitharaman, finance minister, budget expectations, microfinance losses
Budget 2024: Microfinance association seeks dedicated fund for equity support to small, emerging MFIs

MFIs have lent over Rs 1.5 lakh crore to over 5 crore households so far, around 75 per cent of…

By Sandeep Soni
January 10, 2024 12:02 IST
sbi, state bank of india, ecowrap report, soumya kanti ghosh, k-shaped recovery, economic recovery, micro firms into large firms, raghuram rajan, income
19.5% of majorly micro-sized firms transitioned into larger firms: SBI Ecowrap report

This clearly indicates MSME units are getting bigger and getting integrated into larger value chains with initiatives like PLI (production-linked…

By Sandeep Soni
January 9, 2024 17:25 IST
tracxn, startup funding, investors, venture capital, ipos, acquisition, seed stage, phonepe, peak xv partners, accel, we founder circle, deal volume, soonicorn, unicorn
2023 downturn: Indian tech startup ecosystem closes year in red across multiple metrics

Funding dropped to $8.3 billion in 2023 from $25.6 billion in 2022 while funding rounds declined to 1,133 from 2,781,…

By Sandeep Soni
January 8, 2024 19:25 IST
nasscom, zinnov, startups, indian startup ecosystem, startup funding, unicorns, innovation, ai, blockchain, deeptech, profitability
Less than 50% of tech startup founders expect better funding environment in 2024: Nasscom-Zinnov report

Focus on business fundamentals in 2024 is expected to grow stronger with over 60 per cent of tech startup founders…

By Sandeep Soni
January 8, 2024 14:10 IST
deloitte india, gst, goods and services tax, msme credit, msme risk exposure, ecommerce, tax collected at source, exporters, msme loans, pre budget expectations, budget 2024
Budget 2024: De-risk MSME credit inflows, boost credit access for advanced manufacturing, says Deloitte India

With respect to Goods and Services Tax (GST) related compliances for e-commerce businesses, Deloitte India sought respite for exporters and…

By Sandeep Soni
January 5, 2024 12:55 IST
private equity, venture capital pe-vc, startup funding, unicorns, real estate, venture intelligence, manipal hospitals, unicorn
PE-VC funding drops 38% in 2023, lowest in 5 years: Report

2023 PE-VC deal value and volume were the lowest in five years. Between 2019 and 2023, investments peaked at $65.48…

By Sandeep Soni
January 3, 2024 13:52 IST
rbi, reserve bank of India, bank credit, msme loans, small business loans, msme credit, priority sector lending, msme loan schemes, msme npa, non food credit
MSMEs secured Rs 23.36 lakh crore in bank credit under priority sector lending in November

Rs 23.36 lakh crore deployed during November was 14.9 per cent of Rs 155 lakh crore non-food credit deployed by…

By Sandeep Soni
January 2, 2024 12:35 IST
rbi, reserve bank of india,
Banks’ MSME portfolio quality improves further as GNPAs drop below 5% in Sept: RBI report

The RBI report also noted increased lending by both public and private sector banks to MSMEs in H1 despite ECLGS…

By Sandeep Soni
December 29, 2023 13:42 IST
rbi, reserve bank of india, rbi report on banks progress, nbfc, non banking financial companies, banks, msme credit, msme loans, central bank, fidc, risk weights
NBFC credit growth to MSMEs more than 3x that of banks: RBI report

“NBFCs have steadily expanded their MSME portfolio, addressing the credit needs of the sector and contributing to overall financial inclusion…

By Sandeep Soni
December 27, 2023 18:27 IST
bank holidays, banks, banking sector, consumers, new year, january 2024
TReDS sees 56% YoY growth in invoices uploaded, financed: RBI report

The number of registered MSME sellers increased by nearly 51 per cent during FY23, while the number of buyers (corporates/other…

By Sandeep Soni
December 27, 2023 17:46 IST
startup india, commerce ministry, fund of funds, ffs scheme, startup fund, layoffs, paytm, byju's ola, startup jobs
Average 11 jobs created by each startup; Rs 17,272 crore invested in 915 startups: Startup India review

“Several programs have been implemented over the years under the Startup India initiative to support entrepreneurs, build a robust startup…

By Sandeep Soni
December 26, 2023 18:34 IST
startups layoffs, startup employees, tech layoffs, paytm, byju's, ola, swiggy, sharechat, dunzo, spinny, meesho, jiomart, funding winter, tracxn
Startup layoffs 2023: Over 16,000 employees fired in India amid funding winter

Startups have been narrowing their employee count as India saw another cycle of drying up funding since last year to…

By Sandeep Soni
December 26, 2023 17:24 IST
bharatpe, merchant loans, pos, bharatpe swipe, bharatpe fy23 results, bharatpe losses, bharatpe profit, bharatpe financials
BharatPe sees 182% jump in FY23 operating revenue; logs Rs 886 crore pre-tax loss

BharatPe said it reported a 129 per cent increase in loans facilitated, reaching Rs 5,339 crore in FY23.

By Sandeep Soni
December 26, 2023 14:12 IST
delayed payments, samadhaan portal, msme dues, small business dues, unpaid dues of msmes, BSNL, IOC, bharat heavy electricals
Year ender 2023: Here are the biggest defaulters of MSME payments; top PSUs, central departments, and more

As of December 4, 2023, state governments were responsible for the highest number of 4,392 pending MSME payments applications amounting…

By Sandeep Soni
December 26, 2023 13:28 IST
budget 2024, interim budget, budget expectations, finance minister, Nirmala Sitharaman, MSME, Credit Availability, tax rationalization, Skill Development, collaboration
Mudra loan NPA 2.68% of advances as of June 2023: Govt data 

As of December 15, 2023, 3.72 crore Mudra loans involving Rs 2.95 lakh crore were sanctioned of which Rs 2.88…

By Sandeep Soni
December 22, 2023 12:40 IST
retail, supply chain, facility management, customer experiences, inventory management, Smart Technologies, IoT, forecasting tools, security measures, sustainability, cost savings
Warehouse robotics startup GreyOrange raises $135 million in funding led by Anthelion Capital

The company has so far raised more than $400 million. It had last raised $110 million in June last year,…

By Sandeep Soni
December 21, 2023 16:16 IST
BluSmart, BP Ventures, Inflection Point Ventures, Mayfield India Fund, Survam Partners, LetsVenture, 9Unicorns, Trifecta Capital, Green Frontier Capital, Alteria Capital, Black Soil, Stride Ventures, electric vehicle, ev, cab booking, ride hailing, ola, uber, online tax booking
Electric ride-hailing startup BluSmart raises $24 million in new equity round

BluSmart’s existing investors include BP Ventures, Inflection Point Ventures, Mayfield India Fund, Survam Partners, LetsVenture, 9Unicorns, Trifecta Capital, Green Frontier…

By Sandeep Soni
December 21, 2023 12:15 IST
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