SME
Budget 2021: RAI urges govt to formulate of national retail policy, allow retailers to register under MSMEs
At this juncture, all efforts are required to boost the local economy and help revive retail, saving millions of jobs. Budget 2021-22 will play a key role in this.
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Budget 2021 Expectations: MSMED Act, MSEFCs have no teeth to resolve payment issues : Assocham’s Raikar
Union Budget 2021 Expectations for MSMEs: According to the MSME Development Act, state governments have to ensure that the MSEFC hold meetings regularly and decide on the delayed payment cases within
Budget 2021 Expectations: ‘Govt must specially focus on healthcare innovations by supporting startups’
Union Budget 2021 Expectations for Healthtech: Healthcare providers have embraced technology with virtual consultations, robot-assisted procedures, wearables (AI in medical equipment), and many more i
Bengaluru now world’s fastest growing tech hub for VC funding, ahead of London, Paris, others: Research
Bengaluru has emerged as the world's fastest-growing mature tech ecosystem in the world since 2016, followed by the European cities of London, Munich, Berlin and Paris, with India's financial centre o
PE firm Investcorp acquires SaaS e-commerce solutions provider to SMEs Unilog for undisclosed sum
Technology for MSMEs: Unilog was Investcorp’s 10th investment in the Indian market over the last four years and had backed startups and other businesses such as InCred, ASG, Zolo, Citykart, Intergro
Vijay Shekhar Sharma: PayTM could turn profitable in 2021
Speaking at a panel on how technology can help tackle financial exclusion, Vijay Shekhar Sharma said the crisis had forced more merchants to use PayTM's platforms as businesses were forced to accept d
Ed-tech Boom: Unacademy shares change hands in $50-million deal
The infusion comes less than two months after the ed-tech firm raised fresh funds from Tiger Global and Dragoneer Investment Group in a primary financing round at a post-money valuation of $2 billion.
Cracking JEE: Amazon India forays into ed-tech space
Amazon said in a statement. In addition to the JEE, those preparing for other engineering entrance exams like BITSAT, VITEEE, SRMJEEE and MET can also benefit from the available content resources. The
RBI sets up working group to regulate e-platforms, apps offering credit and promote digital lending
The move is aimed at regulating the sector, which has seen a large number of online lending platforms, majority startups, cropping up in the recent past across models including peer-to-peer, pay later
Unacademy concludes new secondary transaction; Tiger Global, Dragoneer, Steadview, GA buy $50M shares
Unacademy turned unicorn in September 2020 following a $150 million funding round led by SoftBank that valued it at $1.45 billion. In November, it had secured another round from Tiger Global and Drago
Startups, investors forge alliance for level playing field in digital ecosystem against tech biggies
The latest alliance has come months after the startup ecosystem involving founders of Paytm, GOQII, Sharechat, MakeMyTrip, Innov8, Ixigo, Toppr, etc., had come together to set up a national body repre
Amazon to help students with JEE preparation now; takes on Byju’s, Unacademy, others in test prep market
While the courses are currently available free of cost on its website and the Google Play store, but it is only “for the next few months only. Amazon Academy reserves the right to terminate access t
‘Niti Aayog’s guidelines for fantasy sports to address legal ambiguity, malpractices of offshore firms’
The ever-evolving digital infrastructure, smartphone penetration, low cost of data, and high-speed internet catalysed the rapid growth of the Online Fantasy Sports Platforms.
Clear signal: Indian startups make mega move from Facebook’s WhatsApp to Signal amid data privacy row
Large startups have already taken sides. For instance, PhonePe has already moved over 1,000 employees to Signal while Paytm too "should move on to Signal".
Byju’s to acquire Aakash Educational Services for $1 billion
The deal for what will be one of the largest edtech acquisitions in the world should close in the next two or three months, said the person, who didn’t want to be identified as the information is pr
MSME e-commerce enabler Shopmatic sees 40% revenue growth amid Covid; aims to turn cash positive in 2021
Ease of Doing Business for MSMEs: Shopmatic had acquired CombineSell in October 2019 and Octopus Retail Management in March 2019 while it had partnered with PayU, OnlineSales.ai, United Overseas Bank
Approvals received for relevant downstream investments post FDI nod from DoT: Airtel
"Accordingly, the company is initiating the process to revise its foreign investment limit, as notified to its depositories, to 100 per cent with immediate effect," Airtel said in a BSE filing on Tues
Khadi Prakritik Paint to boost rural economy, arrest exodus of rural population to cities: Nitin Gadkari
Khadi Prakritik Paint is available in two forms - distemper paint and plastic emulsion paint. Production of Khadi Prakritik Paint is aligned with the Prime Minister's vision of increasing farmers' inc
Defence services, organisations purchase from MSMEs on GeM up 72%: Defence Secretary Ajay Kumar
Ease of Doing Business for MSMEs: Importantly, the biggest jump in defence procurement from MSMEs was recorded between FY18 and FY19 with order value witnessing a massive increase of 210 per cent from
Flipkart’s accelerator programme picks these 8 startups to offer money, mentorship, partnership support
With a venture fund and an accelerator programme, Flipkart has now been part of the growing tribe of top corporates in India such as Reliance, Google, Microsoft, Cisco, Amity, Intel, Oracle, Target,
Budget 2021 Expectations: ‘Govt must wake up to call for MSME tech adoption to ensure competitiveness’
Union Budget 2021 Expectations for MSMEs: Budget 2021 should make efforts to enable the development of MSMEs by providing them access to the required credit and adopting the latest technologies.
NSIC, Airtel team up to drive digital transformation of MSMEs
In a statement, Airtel said it has partnered with NSIC "to make it easier for millions of small and medium businesses get access to Airtel's Connectivity, Conferencing, Cloud, Security, and Go-to-Mark
India’s unicorn base six times smaller than that of US, China even as it remains third largest globally
Investors had put 21.3 per cent less risk capital in 2020 vis-a-vis the preceding year in startups amid Covid. Over $11.4 billion funding, down from $14.5 billion in 2019, was made in 2020.
Smart manufacturing for MSMEs: How small businesses can overcome barriers to Industry 4.0 adoption
Ease of Doing Business for MSMEs: Given their role in promoting inclusive development, if MSMEs miss the global automation journey, it will exacerbate economic inequality.
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