$17.3 billion funding by US-based PE and other global sovereign wealth funds in Jio Platforms, Reliance Retail, and Reliance Digital Fibre Infrastructure Trust accounted for 44 per cent of the total P
At present, while the DPIIT formulates and notifies FDI policies, any violation of such rules is dealt under the penal provisions of the Foreign Exchange Management Act (Fema). This Act is administere
The company estimates GMV to exceed 50% on New Year’s eve compared to the previous year as curfews across various cities is expected to boost demand for food delivery. Zomato recorded as many as 2,5
Technology for MSMEs: For SMEs, ICICI Lombard had earlier launched its automated bot platform, MyRA (My Robotic Assistant) to get policy quotes via email and complete the transaction through the bot i
The startups are also looking to leverage the measures taken by the RBI and the government to address infrastructure and liquidity related concerns to streamline their growth in 2021.
Revenues for the Paytm and Google Pay rival continued to improve year-on-year. For FY20, Phonepe earned Rs 427 crore in total revenues, up from Rs 245 crore in FY19. Expenses were up marginally from t
Credit and Finance for MSMEs: MSMEs in India can truly thrive in 2021 only if they understand the need to adapt and embrace what a new-age world has in terms of the offering.
GigIndia plans to use the freshly-raised funds in enhancing their technology platform for building a larger community of such workers to serve contracts signed with the largest enterprises from next y
The latest acquisition will help fortify the growth of Unacademy -- an online learning platform for cracking competitive exams -- in the test prep segment of the edtech sector in India.
Ease of Doing Business for MSMEs: Financial Express Online had recently reported that the average daily order value for GeM increased 282 per cent from Rs 34.12 crore in April 2020 to Rs 130.53 crore
The company reported climbing out of red from Rs 17.63 crore in losses during FY19 to Rs 28.90 crore in net profit for FY20 – a 264 per cent jump. Sequoia, Beenext, Beenos Partners, RB Investments,
Technology for MSMEs: The e-commerce marketplace is expected to cross Rs 2 crore in turnover by end of the current financial year 2020-21 with khadi masks, khadi fabric, and honey being the top-sellin
Ease of Doing Business for MSMEs: The government had revised the annual public procurement target for CPSEs in 2018 to 25 per cent from MSEs out of their total annual purchases. The 25 per cent procur
Ease of Doing Business for MSMEs: Black Swan moments disrupt the status quo but they also provide newer opportunities. SMEs would do well to be agile and resilient enough to pivot into new areas when
Ease of Doing Business for MSMEs: While the documents required for the proposal may vary as per the internal guidelines of the banks, MSMEs would have to upload soft copies of the signed application f
2020 arguably saw it all – rising fast, falling fast, tweaking or pivoting to survive, rethinking business models, learning fast and acting on it, fixing problems, latching on to one or the other se
Ease of Doing Business for MSMEs: ERM should be a mandatory process for MSMEs, in order to improve their chances of sustained and successful longevity. However, it is often perceived simply as an adde
As for crop diversification, the government has been considering a proposal to allow ethanol production from surplus rice, and not just from cane juice or molasses.
Venture capital (VC) investors, private equity (PE) players, corporates, accelerators, angel investors, etc., together put over $11.4 billion in startups this year (second highest annual deal value in
Ease of Doing Business for MSMEs: Flipkart had launched the B2B marketplace with the acquisition of the wholesale business of its parent company Walmart in India that operated 28 Best Price cash-and-c
Aqgromalin supplements the income of small landholding farmers through ready to implement micro-farms mainly in the areas of Animal Husbandry and Aquaculture.
Ease of Doing Business for MSMEs: The Central Board of Indirect Taxes and Customs (CBIC) has introduced Rule 86B in GST that restricts the use of input tax credit (ITC) for discharging GST liability t