SME
35 startups have chance to stand out among nearly 4 lakh startups in India; here’s how govt is planning
The Department for Promotion of Industry and Internal Trade (DPIIT) has invited applications for its first-ever National Startup Awards.
Black Friday for Amazon: Blame Jeff Bezos’ firm for climate change, say French activists
Jeff Bezos’ Amazon is under fire again as protestors around France accuse the company of catalysing climate change. Several protestors were seen carrying banners asking Amazon to stop overproduction
GST e-invoicing to help MSMEs secure loans faster
Another official said e-invoicing would help to generate invoice in a standard format, which can be read by any system and reporting of e-invoice to a central system becomes possible.
Paytm in talks to raise another $1 billion funding: Sources
Paytm had earlier this week announced a USD 1 billion (around Rs 7,173 crore) fund raise led by US-based asset management firm T Rowe Price.
Ariel, Tide, Gillette manufacturer hunts for ‘eco-friendly’ small businesses, startups; here’s what on offer
Credit and Finance for MSMEs: P&G is among a host of large enterprises in India focusing on startups in order to tap on their ideas, technology, and talent.
Modi wants half of his $5 trillion economy from MSMEs; here’s how govt is bringing small biz together
Micro and small enterprises -- Cluster Development Programme (MSE-CDP) under the MSME Ministry to boost productivity and competitiveness of MSMEs developed 35 clusters between FY16 and FY19.
Lend more to women, SIDBI tells how microfinance can boost women entrepreneurship
Credit and Finance for MSMEs: Lack of access to collateral and financial feasibility of the business deprives women of access to financial services. To overcome this, the disaggregation of women-speci
Forget spending big on marketing, branding; here’s what can get entrepreneurs more bang for their buck
Conversion rate optimization takes the already existing demand (traffic) and converts them into buyers at a higher rate. This is not only cost-effective but also yields a better RoI.
Want to redesign the financial experience of youngsters: Rajan Bajaj, Founder, Slice | Interview
Issued in partnership with Rupay, the slice card can be used across 5 million merchants in India, online and offline. The average age of our customer is 22. Slice card is a zero fee card with no hidde
Microservices will change the macro picture for tech firms
Under the microservices architecture, software systems are developed keeping each business application module independent
Govt gets private tutor to coach fintech startups to make Modi’s digital payments dream come true
National Payments Corporation of India along with Government’s Department of Science and Technology and Hyderabad-based incubator T-Hub has launched an accelerator programme for fintech startups.
E-commerce for Bharat: Flipkart bets on Hindi speaking population to acquire users
Flipkart on Wednesday launched audio-based navigation feature in Hindi and English languages on its app to help first-time e-commerce users navigate through the app to shop online.
More Chinese money for Indian startups: Alibaba’s Ant Financial plans new fund to invest in these areas
Ant Financial, which has backed large Indian startups such as Paytm and Zomato, would be focusing on startups in payments and online finance verticals.
Unease of doing business: Despite positive intent, business-friendly environment still a long way to go
Ease of Doing Business for MSMEs: EoDB rankings are primarily based on data in Mumbai and Delhi. This may not be representative of how business is done in other cities.
Now book bus tickets on Amazon as Jeff Bezos company turns into mother of all apps
The company, which sells almost everything under 17 broad categories, is swiftly adding one service after another -- gradually becoming a super app -- one app housing several apps.
Uber’s loss Ola’s gain? Here’s how Ola sweeping into Uber’s territory in London
Ride-hailing company Ola on Tuesday said it has started registering licenced drivers in London on its platform ahead of the launch of its operations in the city.
Another blow for Zomato? After NRAI, 8,000-member strong AHAR boycotts Deepinder Goyal’s company
AHAR logout comes weeks after the National Restaurant Association of India’s (NRAI) logout campaign that reportedly saw over 2,500 restaurants delist themselves against Gold’s dine-in service.
Not just product delivery, logistics companies helping SMEs bring efficiency in supply chain, technology
Logistics for MSMEs: Logistics companies usually have a pan India reach. They cover even the hinterlands of the country and are helpful to the MSMEs in these areas.
Money lenders, friends, family, not banks the lifeblood for SMEs
Credit and Finance for MSMEs: Even as Indian MSMEs continue to struggle with access to low-cost credit, a majority 67 per cent of finance supply for small businesses in India comes from informal sourc
Oyo losses rise over 6 times to Rs 2,385 crore in FY19
Flipkart Internet posted losses of over Rs 1,000 crore, while Paytm’s parent company reported a near 165% y-o-y increase in losses to about Rs 3,959.6 crore.
Government formulating policy on credit ratings for MSMEs, says Nitin Gadkari
The MSME sector, which is facing liquidity shortage is contributed 49 percent of India's total exports.
Shuttl raises $18 million from SPARX Group, Toyota Tsusho Corporation
The Amazon-backed company currently operates across six cities - Delhi-NCR, Kolkata, Pune, Mumbai, Hyderabad and Chennai. It serves over one lakh rides daily by operating over 350 routes and 2,000 bus
Govt enhanced budget for key MSME marketing schemes in FY20, here’s how much has been spent
Nitin Gadkari had earlier this year announced that the government will be launching a dedicated portal -- Bharat Craft for the marketing of goods by MSMEs on the lines of Amazon and China’s Alibaba.
Adtech unicorn InMobi steps up to tap vernacular content market; acquires Tiger Global backed Roposo
India’s first unicorn Inmobi has acquired Tiger Global backed short-video platform Roposo for its mobile content arm Glance launched last year.
How MSMEs in after-sales automobile accessory market is witnessing change in fortune
Despite the slowdown in the auto sector, the after-sales of auto accessories have created massive growth for MSMEs.
India’s biggest unicorn Paytm commits $1.4 billion to penetrate deeper into hinterland; raises funding
Paytm announced raising its latest funding round of reportedly $1 billion at $16 billion valuation even as it faces intense competition from Walmart’s PhonePe, Google Pay, and Amazon Pay in hyper-co
Paytm raises $1 billion in fresh funding from SoftBank, Alibaba’s Ant, others
The company will expand into insurance, lending and investments and invest 100 billion rupees ($1.39 billion) over the next three years to include more users in the country, Paytm said.
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