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Amazon looks to ensure orders this festive season aren’t delayed; onboards more kiranas, delivery partners

Ease of Doing Business for MSMEs: Amazon's flagship delivery programme I have Space, for kiranas with extra space for storage of Amazon packages and sufficient manpower to deliver them in two-three km radius of their stores, now has over 28,000 such stores in nearly 350 cities.

Flipkart Wholesale gears up for festive season: Aims to boost MSMEs, lift consumer sentiment

Flipkart hopes the festival sales will be an opportunity for the entire retail ecosystem to come together, lift consumer sentiment which has been downbeat for sometime due to the pandemic.

‘With Covid interruption, sustainability of Indian startup ecosystem will be the focus in coming year’

India has transitioned to a 'Purpose-driven' entrepreneurship from 'Necessity-driven' entrepreneurship as depicted by the latest ranking of the country in three out of four parameters introduced by Global Entrepreneurship Monitor (GEM) consortium.

CAIT’s e-commerce portal to be operational in October to take on JioMart, Amazon, Flipkart, others

Ease of Doing Business for MSMEs: CAIT urged Commerce Minister Piyush Goyal to set-up a Regulatory Authority along with the upcoming e-commerce policy for regulating and monitoring e-commerce business and "having adequate powers to penalise offenders of e-commerce policy."

Amazon.in to host ‘Handicrafts Mela’ from Sep 26-Oct 10 to support artisans, weavers

Over eight lakh artisans and weavers associated with 1,500 Amazon Karigar sellers and 17 government emporiums including Tantuja, Harit Khadi, Tribes India and national-level artisan organisations like Craftmark and Dastkari Haat Samiti will benefit from this mela, Amazon India said in a statement.

E-grocery GMV estimated to touch over $3 billion in 2020

In fact, Abhijit Routray, senior consultant at RedSeer, told FE that partnership with kiranas is likely to emerge as a growing business model in the smaller cities.

Digital India: China fallout, pandemic lay ground for SMB growth; MSMEs to adapt to shifting reality

The on-going COVID-19 pandemic has brought significant changes in consumer behavior and the shift from ‘physical’ to ‘digital’ is witnessing a big push due to pandemic.

Govt forms five task forces to make Indian MSMEs future-ready: Secy

These five task forces would work for a month in five key areas where we feel that the industry of the country and particularly the MSME sector should head towards," MSME Secretary A K Sharma said at a virtual session organised by FICCI.

Unacademy acquires UPSC test preparation platform Coursavy

Earlier this year, Bengaluru-based Unacademy had acquired Kreatryx, and PrepLadder (for USD 50 million), besides investing in Mastree, and taking over the custodianship of CodeChef.

Hero MotoCorp’s Pawan Munjal, DCM Shriram’s chief invests in ShareChat’s TikTok alternative Moj

Moj is among a slew of apps that had cropped up in the short video segment to tap into the Chinese apps ban by the Indian government on June 29, 2020. ShareChat's latest round also included DCM Shriram's Chairman Ajay Shridhar Shriram and existing investors such as Twitter, SAIF Partners, Twitter, Lightspeed Ventures and India Quotient.

ECLGS for MSMEs: Over 40% of Rs 3 lakh cr scheme disbursed to this many individuals, small businesses

Credit and Finance for MSMEs: The government had announced the scheme on May 13, 2020, as part of the Atmanirbhar Bharat package to provide emergency credit to businesses from banks and NBFCs up to 20 per cent of entire outstanding credit as on February 20, 2020.

Banks sanction loans worth Rs 1.77 lakh cr to 44 lakh MSMEs under credit guarantee plan

The loan amounts sanctioned by the PSBs increased to Rs 79,347.73 crore, of which Rs 65,051.89 crore has been disbursed as of September 21, she said.

Facebook expands small business programme; onboards Matrix Partners to offer digital skilling

Technology for MSMEs: Matrix Partners is an early-stage fund that had backed companies like Ola, Quikr, Practo, Dailyhunt, Mswipe, Country Delight, Razorpay etc.

Public procurement contracts for local sellers cross 50k mark post tweak to global tender enquiry rules

Trade, import and export for MSMEs: DPIIT in its order had stated that in the procurement of all goods and services with an estimated value of purchase less than Rs 200 crore, in accordance with Rule 161 (iv) of GFR 2017, global tender enquiry shall not be issued.

Flipkart Wholesale gears up for festive sales: Aims to support kiranas, MSMEs with expansion

MSME EODB: Ahead of festive season sales, homegrown platform Flipkart has announced expansion into 12 new cities for its fashion category as e-commerce players expect a major surge in sales in the coming few weeks.

‘Small businesses not just positive about recovery but also expecting up to 50% growth in 3-5 years’

Ease of Doing Business for MSMEs: As businesses resume a more regular rhythm, they’ll regain their long-term visions instead of the day-to-day survival mode they’ve been in over the last few months.

‘D2C approach lets MSMEs reach consumers directly, get direct feedback unlike traditional export market’

Technology for MSMEs: A digital-first culture must be embedded into a business’s DNA to keep ahead of the changing times. This will also enable them to serve customers who prioritize safety over everything else.

4 out of 5 small businesses hope survival despite Covid spread; see consumer spending back in 3 months

Ease of Doing Business for MSMEs: Majority consumers are likely to prioritise shopping from local shops or small businesses to help them overcome the Covid impact.

Flipkart to bring Max Fashion apparels on its platform ahead of festive season

Homegrown Flipkart has partnered with apparel brand Max Fashion ahead of the upcoming festive season as e-commerce platforms are gearing up for a demand revival.

Bharti Airtel picks up stake in Waybeo as telecom firm looks to scale up cloud offerings

Sunil Mittal Bharti-led Airtel has picked up a stake in tech startup Waybeo under the Airtel Startup Accelerator Program as the telecom firm looks to ramp up its cloud offerings.