The Flipkart Group company had registered a consolidated loss of Rs 539.4 crore for the financial year ended March 2019, as per a Registrar of Companies filing shared by market intelligence firm Tofle
“The company continues to invest in, opening new fulfillment centers, and technology advancement…The company also continues to invest on launching new products and services for its customers and s
Steuart Walton, member of the billionaire Walton family from Walmart, Dirk Van den Berghe – the executive vice president, global sourcing and regional chief executive officer of Asia for Walmart, Ma
Snapdeal said that over 2 per cent of India (27 million buyers) bought from its marketplace in FY20 while over 85 per cent of its orders were shipped to customers based in cities beyond the top 10 met
Technology for MSMEs: On the manufacturing side, MSEs in gems and jewellery, and textiles showed maximum improvement. Adoption of digital selling platforms among gems and jewellery units more than qua
Credit and Finance for MSMEs: While the overall year-on-year credit growth to MSEs showed continued growth, credit deployment to manufacturing MSEs was finally out of red in the current FY.
Ease of Doing Business for MSME: The pandemic has forced many small business owners to run their businesses in a more lean and efficient manner, leading to a permanent shift in their operating landsca
Paytm, which competes with Walmart's PhonePe, Google Pay, MobiKwik, and now WhatsApp Payments as well in the digital payments space, was able to cut its expenses 19 per cent in FY20 from the preceding
Credit and Finance for MSMEs: The digital lending value increased from $33 billion in FY15 to $150 billion in FY20 and is expected to hit the $350-billion mark by FY23. Among the leading players in th
Credit and Finance for MSMEs: Applications for delayed payments filed by MSEs are examined by MSEFC of the respective state where the enterprise is based. After examining the case, MSEFC directs the b
When we talk about the future of logistics, it is all pertains to the speed of responding to market changes and staying ahead of the demand curve by leveraging operational responsiveness.
Skilling, Labour, and Talent for MSMEs: The scheme aimed to encourage youth including scheduled caste and scheduled tribe men and women, differently-abled, and below poverty line people apart from ex-
Credit and Finance for MSMEs: PM SVANdhi offers an interest subsidy at 7 per cent per annum as incentives to borrowers for making regular loan repayment while it also has a provision of up to Rs 100 p
Technology for MSMEs: Tech disruption in recent years and the digital push from the government have offered the necessary fillip for the germination of entrepreneurial culture in the country, thereby
The investment will be routed to the company’s short video app Josh that competes with MX TakaTak, Roposo, Moj, Mitron, Trell, and Chingari and currently banned TikTok.
The loan is being disbursed to NACL as part of ADB’s ongoing Covid-19 response. NACL will on-lend the loan proceeds and provide guarantees to financial institutions and individual borrowers.
A majority of industries and businesses are now inching towards pre-COVID-19 levels, MSMEs have also started charting their path for recovery, Invoicemart said in a release.
Ease of Doing Business for MSMEs: “Technology adoption and digitization will continue to play a crucial role in offering expanded access and opportunities to SMBs, and we remain committed to invest
The cyberattacks were named “Big Billion Days Spin the Lucky Wheel Scam'' and “Amazon Big Billion Day Sale” maliciously spread via WhatsApp. The attacks targeted users who were trying to win ‘
Ease of Doing Business for MSMEs: The partnership with Assam is part of SIDBI’s initiative to set-up such PMUs in 11 states including Gujarat, Odisha, Maharashtra, Tamil Nadu, New Delhi, Haryana, Ra
Held on December 12, the Small Business Day event has seen the "highest ever participation and biggest ever opening" for its Small and Medium Business (SMBs) sellers, a statement said.