SME

Honeywell targets 10% revenue contribution from its SME brand Impact in 2 yrs

Honeywell India President Akshay Bellare said the new brand is expected to contribute over 10 per cent of overall revenue of Honeywell India in the next two years.
Honeywell targets 10% revenue contribution from its SME brand Impact in 2 yrs

How evolving role of ‘compliance partner’ for MSMEs, startups will be critical in determining scale ahead

Ease of Doing Business for MSMEs: The challenge with startups and MSMEs is the lack of general awareness of the regulatory landscape. Also, compliances are generally not considered as a part of core b

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Holding back: What it would take for India’s healthtech sector to churn out its first unicorn startup

Healthcare startups need to first gain trust in the first five years of their business operations, go deeper in terms of geographical expansion in the next five years, and after the 10th year scale up

Healthcare Budget 2021 Expectations, Budget 2021 Expectations for healthcare

Startup ecosystem report card: 44 unicorns with $106 billion value in 10 years; this many jobs created

The average time taken by startups to hit the $1-billion valuation mark stood at 8 years. However, this is declining.

Zomato now nearly $2B more valuable than Swiggy; valuation of India’s biggest foodtech startup up by $1.5B

The latest primary fundraise saw $115 million contributed by Kora Management followed by $55 million from Fidelity, $50 million from Tiger Global, $20 million from Bow Wave Capital, and $10 million fr

zomato, food orders on new years eve, food delivery app, zomato demand hike, food ordered per minute, zomato founder Deepinder Goyal

After Unacademy, Byju’s, now Vedantu adds to edtech consolidation; buys Q&A study platform Instasolv

Extending its strategic investment in Instasolv to a complete buyout marked Vedantu's growing focus into Tier-II and Tier-III towns to solve the challenge of providing access to quality teachers and d

MSME loans: Average ticket size for existing, new borrowers contracts significantly amid Covid

Credit and Finance for MSMEs: The ETB lending accelerated to 30 per cent during January-September 2020 from 7 per cent during the year-ago period by banks and NBFCs.

RE

PMEGP: PM Modi’s pet scheme disburses Rs 1,300 cr subsidy in FY21 so far; Bank of Baroda leads tally

Credit and Finance for MSMEs: Bank of Baroda had disbursed the highest subsidy amount of Rs 143 crore across 3,402 projects followed by Rs 129 crore in 4,695 projects disbursed by Punjab National Ban

Corporate Bond Fund

Grocery startup DailyBasket replies to BigBasket’s ‘cease and desist’ notice; calls it corporate bullying

According to the notice sent to DailyBasket last week, BigBasket had alleged that the young startup is “violating and diluting” the former's brand name and trademark.

Small businesses post-Covid recovery: Why banks alone cannot empower MSMEs to survive and thrive

Credit and Finance for MSMEs: MSMEs tend to be treated as one generic pool based on their turnover, which is not appropriate to determine access to working capital. Their risk profiles and who they ge

From few micro VCs backing Flipkart, Ola, others, how ecosystem has grown in number of investors, capital

Investors such as Helion Venture Partners, which had put $800k in Flipkart back in 2008, earned 16.7x returns on its exit from the Walmart-owned company. Others including Orios secured around a whoppi

ELSS, Equity Linked Savings Schemes, BOI, Income Tax Act, BOI AXA Tax Advantage Fund

CAIT requests PM Modi for fresh Press Note to block alleged FDI escape routes by e-commerce companies

Ease of Doing Business for MSMEs: The DPIIT had in December last year asked the Reserve Bank of India and Enforcement Directorate to take necessary action following CAIT’s allegations with respect t

ecommerce

Big rise in business positive pandemic takeaway for food delivery apps

Zomato, for instance, claims to have clocked nearly 60% higher GMV year-on-year this New Year’s eve. It translates into a GMV of Rs 75 crore in a single day.

More people became compatible with the idea of placing online food orders, which otherwise was largely popular among corporates and millennials.

The rise of the agripreneur: Agritech startups trying to fix some major issues faced by agriculture sector

Even as the country is in the throes of a farmers’ protest, a clutch of young entrepreneurs are actively trying to fix some of the major issues faced by the agriculture sector.

From the use of new-age tech to innovative business models, these agripreneurs are trying to make agriculture lucrative and sustainable

Indian Bank signs MOU with SID of IISc, for funding Start-ups and MSMEs

The government is likely to file an appeal against the Cairn arbitration award contesting its sovereign rights to tax, sources said.

indian bank

Small VCs making a beeline for startups, says report

Investments into the startup ecosystem by micro venture capital funds, investments under USD 30 million, have jumped manifold to USD 341 million in the past three years through 730 deals across 566 st

startup

Flipkart leads Q4FY21 international net sales for Walmart

The CEO said that although the penetration of e-commerce in the country is low, it is growing rapidly. “We are well positioned to grow as an emerging middle class spends more money through mobile ph

The CEO said that although the penetration of e-commerce in the country is low, it is growing rapidly.

Flipkart to help this state’s small businesses, artisans sell online; to offer incubation, training, more

Technology for MSMEs: Tamil Nadu had recently announced its MSME Policy 2021 and set a target to attract new investments worth Rs 2 trillion in the MSME sector by 2025 along with additional employment

The announcement of the new board appointments was made by Flipkart in an email to its employees on Thursday

Small business lender U GRO Capital expands to unorganised micro businesses; to lend up to Rs 15 lakh

Credit and Finance for MSMEs: U GRO also announced the expansion of its distribution network by adding 25 branches across Karnataka, Tamil Nadu, Gujarat, Telangana, and Rajasthan.

In January, the Noida-based firm turned unicorn after it bagged funding from MasterCard at a valuation of about $1.6 billion.

Two-wheeler rental startup Vogo raises funding from existing investors; eyes profitability by year-end

Launched in 2016 by the alumni of IITs and IIMs - Anand Ayyadurai, Padmanabhan Balakrishnan, and Sanchit Mittal, Vogo caters to personal mobility solutions to daily commuters.

Tips for Purchasing Pre-owned Two-wheeler, Tips for buying bike or scooters Second-hand bike, Tips for buying bike or scooters Second-hand scooters, RC, PUC, Pre-owned Two-wheeler market, Second-hand Two-wheeler market, indian bike market, indian scooters market

Breaking down India’s quest to build its own Twitter: Can Koo chirp louder than the blue bird

This isn’t the first time that an Indian startup is operating in a market dominated by foreign rivals. Ola vs Uber, Flipkart vs Amazon, Quikr vs OLX, Zomato and Swiggy vs Uber Eats and more have fou

WhiteHat Jr expands product portfolio, launches ‘Create with Math’ curriculum

The company, which was acquired by edtech major Byju's last year in a USD 300 million deal, plans to introduce multiple new subjects over the next few months.

whitehatJr

Create institutions that outlive this century: PM Narendra Modi to start-ups

Emphasising that the country has lot of hopes and aspirations from its IT-ITeS sector, Modi urged the industry to create new benchmarks of excellence and competitiveness, if India aims to achieve a le

Speaking about various initiatives taken by the government to open up sectors, Modi said, “The policies regarding mapping and geospatial data have been liberalised for the industry. This step will empower our tech start-up eco-system and the mission of Aatmanirbhar Bharat,” he added.

Amazon documents reveal company’s secret strategy to dodge India’s regulators: Report

The note, reviewed by Reuters, advised Carney what to say – and what not to say. He should highlight the fact that Amazon had committed more than $5.5 billion in investment in India and how it provi

amazon fraud
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