SME

FITSO: This sports facilities provider aims to get people fitter

This full-stack sports facilities provider aims to get people fitter by playing sports
Industry News

A job can’t be the end result…you may be redundant in 3 years: Ronnie Screwvala

Ronnie Screwvala says, "The next big wave (in education) has to be the online way because then you can take the best faculty, put them in an environment, take the training to a different level, and yo

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Flipkart, Amazon stresses their big e-commerce role, support to SMEs against CAIT’s FDI violation charge

The charges leveled by CAIT included predatory pricing, deep discounting, controlling inventory by portals, exclusivity apart from FDI policy violation against Flipkart and Amazon leading to an uneven

amazon flipkart festive season sale News

Govt urges MSMEs, startups to come together to boost defence manufacturing; seeks armed forces support

MSMEs contribute significantly to defence manufacturing primarily at the sub-system and component level even as 50 per cent of India’s manufacturing manpower is engaged in MSMEs, according to DDP.

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GST: Double whammy for SMEs; new rules for ITC refund may aggravate the cash flow problem

Input Tax Credit: The new rule notified on October 9 may aggravate the cash flow of SMEs.

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Cheer for startups: Venture capital sees biggest quarterly comeback since 2017; deals grow too

The last (Q3) quarter of 2019 saw the biggest quarterly come back of the venture financing in Indian startups since Q3 2017.

Startup India, Startup Funding, Angel Invester, Angel Investing, Venture Capital, Lead Angels Network, Unicorn India Venture News

Restriction on export rebates not just hits MSMEs but also makes tough for India to climb tax rankings

Trade, Imports, Exports for MSMEs: Imposing restrictions on exporters claiming benefits under other export incentive schemes not only puts them in a disadvantageous position when compared to other exp

Both imports and exports were growing at a healthy rate during the same period last year at 8% and 9%, respectively. (Representational image) News

Yes Bank’s big bet on small businesses: New three-in-one app to meet MSMEs’ digital needs

Technology for MSMEs: The bank has launched a news app Yes Scale Bizconnect to allow members of MSME associations to list their products and services with an option to buy or sell among other members

Yes Bank files complaint against fake news on its financial health News

Amazon disses report on festive sales numbers; says highest customers still with us, not Flipkart

Jeff Bezos owned Amazon’s India branch has said that the e-commerce behemoth ruled during the festive season sales, pipping competition which included major rival Flipkart.

amazon flipkart festive season sale News

Amazon, Walmart will help save banks as customers tap credit amid online festive sales

Both of India’s leading e-commerce marketplaces cited small towns – and credit – for their success.

amazon flipkart festive season sale News

Flipkart beats Amazon in first leg of online festive sales; e-tailers clock in total Rs 19,000 crore

Homegrown Flipkart led the e-commerce platforms in terms of GMV (Gross Merchandise Value) with its standalone share at over 60%.

amazon flipkart festive season sale News

BSE joins hands with Ficci to boost MSME sector

Speaking at the event BSE MD and CEO Ashishkumar Chauhan emphasised on the need of having vibrant ecosystem comprising of debt and equity to address the concerns of MSMEs.

Industry News

U Gro Capital tie-ups with Bank of Baroda to lend to SMEs; raising Rs 75 cr from Sachin Bansal, Poonawalla

Credit and Finance for MSMEs: Small business lending platform U Gro Capital, launched last year by former Religare Enterprises Group CEO Shachindra Nath has partnered with public sector lender Bank of

Pm modi invests in post office national savings certificate earn high interest News

CCI approves Sachin Bansal’s BACQ acquisition of Essel Mutual Fund via ‘green channel’

The Competition Commission of India (CCI) on Monday said that it has approved the acquisition of Essel Mutual Fund by an entity owned by former Flipkart co-founder Sachin Bansal’s BACQ via the ‘Gr

Flipkart, co founder, Sachin Bansal, CRIDS, Chaitanya Rural Intermediation Development Services,  News

MSMEs hope near future benefits from RBI rate cuts; seek mindset change for bankers towards lending

Credit and Finance for MSMEs: The total credit outstanding of public sector banks to the MSME sector increased marginally by 7.38 per cent from Rs 8.20 lakh crore in FY16 to Rs 8.81 lakh crore in FY19

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Swiggy eyes expansion; to add 100 cities, 125 universities by December 2019

We will further expand this to 600 cities and 200 universities by December 2019," Swiggy COO Vivek Sunder said.

Industry News

Online festive sales: Snapdeal records 52% sales growth; non metros buy most

Homegrown e-tailer Snapdeal has recorded over 52% sales growth in the online Diwali sales as shoppers from tier 2 and tier 3 cities grew.

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AI can accelerate MSME share in GDP but small businesses must overcome data, ROI, awareness limitations

Technology for MSMEs: AI has become a bedrock for well-funded companies and remains a distant dream for SMEs who continue to expand their bandwidth on basic working capital management to run and expan

Cafe SME News

E-commerce shoppers see bias in ratings, reviews of online products, says survey

The draft e-commerce guidelines by the Department of Consumer Affairs released in September this year had cautioned e-commerce sites against false reviews.

Industry News

OYO to raise $1.5 billion in latest round of funding

As part of a Series-F funding, RA Hospitality Holdings will infuse approximately USD 700 million as primary capital in the company, with the balance USD 800 million being supplemented by other existin

A significant part of the funds will be diverted towards continued growth in OYO's fastest-growing market - the United States, and in strengthening the company's position in the vacation rentals business in Europe, it added. News

Uber Works: Tinder for blue-collar workers to find freelance jobs on the go launched

After the food business with Uber Eats and micro-mobility with Jump, Uber has now ventured into becoming a matchmaker for blue-collar freelancers or gig workers and businesses.

It was alleged that Uber is spending about $885 million to generate a revenue of $415 million News

Snapdeal to launch 3 e-stores for Karva Chauth, Dhanteras, and Diwali

The Diwali gifting store will have a huge assortment of traditional and modern gifts items, including electronics, and home related products.

Industry News

How small businesses, customers from ‘Bharat’ drove big growth for Amazon, Flipkart, Myntra in sales

Amazon and Walmart-owned Flipkart and Myntra had expected high growth from small cities during the festive sales and hence had strengthened their logistics to ensure the smooth customer experience.

RAJASTHAN HIGH COURT ISSUE NOTICES TO AMAZON & FLIPKART FOR VIOLATING FDI NORMS News

SMEs’ next big frontier: How AI can help deliver personalised, customised customer experience

Technology for MSMEs: There is much more to digitisation than mere connectivity. Providing a personalised and customised customer experience is the next big frontier for SMEs.

As part of the deal, Ola will hire Pickup.ai’s team. The start-up uses autonomous technologies like artificial intelligence, computer vision and sensor fusion to provide seamless solutions for business News
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