Food delivery back to 85% of pre-Covid GMV level; full recovery may follow IPL, festive season: Zomato

Zomato claimed that more premium restaurants are now opening up to online delivery even as overall spend in these restaurants by affluent customers grew by more than 25 per cent over pre-Covid level.

Amazon gears up for festive season as Jeff Bezos company allows customers to shop in these 4 languages

Amazon said that hundreds of thousands of its customers from Tier I, II and III cities have switched to the Hindi interface even as its adoption has grown by 3X in the past five months.

Delayed payments: Pending MSME dues in August declined by Rs 135 cr; ministries, CPSEs paid this much

Credit and Finance for MSMEs: Government buyers are liable to pay MSMEs within 45 days of the acceptance of the order from MSMEs even as complaints made to MSE Facilitation Council (MSEFC) have to be

Vivriti Capital gets Rs 100 crore boost by Creation Investments in Series B funding

Financial Services company Vivriti Capital has received a fresh Rs 100 crore boost from its existing investor Creation Investments.

Geopolitical impact will be big risk for cos with global footprint: Ritesh Agarwal

He was responding to a question on the impact of rising tension between India and China on its business.

Globally, OYO is seeing a robust demand in the vacation home segment in Europe while business in Indonesia has also fairly picked up.

‘Temporary funding pause from China’s VCs will not disrupt investments to Indian startups’

The deep entrenchment of China’s supply chain in India’s manufacturing and services industry is a bigger matter of concern than investments.

india china trade relations, china investment, FDI, exports, imports, FDI inflow

Sequoia finds another way to help startups scale up faster; gets top founders to launch new programme

Sequoia has 43 startups currently in its India and Southeast Asia portfolio such as Byju's, Capillary Technologies, OYO, Gojek, Insider and many more. The annualized revenue for each startup ranges be

Snapdeal bets big on vernacular interface as it gears up for festive season

Snapdeal says its app is now available in Hindi, Tamil, Kannada, Telugu, Malayalam, Gujarati, Punjabi, and Marathi in addition to English.

Snapdeal app in vernacular languages

Micro firms bear maximum Covid brunt; labour, credit, NPA issues more severe than SME, large units

Skill, Labour, Talent for MSMEs: The problem of migrant labourers was most relevant in construction, real estate, manufacturing and power sectors and was least relevant for BFSI sector followed by ser

sme, small business, msme

PM SVANidhi: Modi govt disburses over Rs 130 cr loans to street vendors in 11 weeks; SBI top lender

Credit and Finance for MSMEs: PM SVANidhi, which started processing loans on July 2, 2020, also provides interest subsidy at 7 per cent per annum as incentives to businesses for making regular repayme

Sellers from Karigar, Saheli programmes clocked strong growth over pre-COVID period: Amazon India

In July, Amazon India had announced offering a 100 per cent SoA (Sell on Amazon) fee waiver for 10 weeks to help over 10 lakh artisans, weavers and women entrepreneurs who are part of its Karigar and

Amazon India's Stand for Handmade' (SFH) initiative

Paytm alleges arm-twisting by Google; internet giant says a/c can be terminated for repeat violations

Google had blocked Paytm on its Play store following a policy update on September 18, ahead of the IPL cricket tournament, to disallow apps that support any unregulated gambling but restored the mobil

FSSAI ban on junk food sale around schools: 2 cr shops to lose over 75% business, traders tell govt

Ease of Doing Business for MSMEs: FSSAI had said that foods high in saturated fat or trans-fat or added sugar or sodium cannot be sold to school children in school canteens, mess premises, hostel kitc

Startup India: Under Modi’s pet scheme, startup jobs jump 126%; this many companies recognised

37,171 startups have been recognised till date under the scheme out of which majority are in Delhi, Maharashtra, Karnataka, and Uttar Pradesh.

Byju’s acquires Unitus Ventures-backed LabInApp

There are 550 simulations on LabInApp with more in various stages of development. The content is designed as per the NCERT guidelines and supports all major curriculum from Grades 6 to 12. 

MSME ministry lays out new guidelines for pottery, beekeeping activities

This is being done to enhance the production, technical knowhow of pottery artisans and to develop new products at reduced costs; and to enhance the income of pottery artisans through training and mod

These bill are listed for consideration and passage in the Lower House on Tuesday.

Amazon India sets up all-women delivery station in Gujarat

The new all-women delivery station, operated by a delivery service partner, is part of the company's efforts towards increasing participation of women in the workforce, a statement said.

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Flipkart IPO: Walmart’s e-commerce firm may list next year, eyes up to $50b valuation

Walmart acquired a roughly 77% stake in Flipkart for about $16 billion back in 2018. That deal remains the single largest foreign direct investment in India.

DBS Bank woos small businesses with new credit solution; disbursed this much under pilot programme

Credit and Finance for MSMEs: Small businesses with up to Rs 25 crore turnover can get an in-principle approval for loans of up to Rs 5 crore within 24 hours subject to fulfilment of the lending crite

Interview | Rs 6.9 lakh cr sitting idle in banks can be given to stressed MSMEs: Niranjan Hiranandani

Ease of Doing Business for MSMEs: "Many small companies would find it difficult to sustain and repay the bank loans even after the moratorium comes to an end."

Toy MSMEs welcome govt’s 4-month extension for quality compliance; says enough time to be BIS compliant

Ease of Doing Business for MSMEs: DPIIT in its order dated February 25, 2020, had mandated toys manufacturers to conform to the Indian standards and bear the Standard mark under a license from the Bur

Twitter-backed ShareChat acquires HPF Films as it looks to milk TikTok ban

Homegrown alternative to massively popular TikTok -- ShareChat -- has made its second acquisition in less than a month as the company looks to ramp up its digital content creation.

ShareChat acquires

Covid makeover to MSME, startup hiring: From objective, skill-based e-assessments to virtual interviews

Skill, Labour, Talent for MSMEs: For long, interviews have had a physical component associated with it. However, thanks to the current remote-work state of affairs, companies have started to rely on m

According to Manish Kalra, successful businesses are built by teams with a solid understanding of customer behavior and have a customer first approach.

Be self-reliant, ease curbs on AIFs to boost start-up funding: Parliamentary Standing Committee

Large financial institutions in India should also be encouraged to channelise a proportion of their investible surplus into domestic funds, which would bring in additional local capital for startup in

Banks should also be allowed to invest in Category-III alterate investment funds (AIF).
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