Sat, Nov 09, 2024
The Indian startup ecosystem raised more than $138 million this week which includes three growth-stage funding and 20 early-stage deals. At least 25 domestic startups raised nearly $138.7 million in funding.
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Wed, Jul 17, 2024
The small businesses-focused lender will be using the funds to expand lending capabilities, enhance technological infrastructure, and broaden branch footprint, as per an official statement.
Wed, Mar 20, 2024
Optimo Loan on Wednesday announced that it raised $10 million in seed funding from venture capital firms Blume Ventures and Omnivore, with additional contribution from the company's founder, Prashant Pitti.
Thu, Sep 10, 2020
The government will release the results of the second edition of ‘Ranking of States on Support to Startup Ecosystems’ on Friday according to a government press release. The results will be released by Minister for Communications, Electronics and Information Technology Ravishankar Prasad at 3 PM tomorrow, the release said
Wed, Sep 09, 2020
In a major development, Nitin Gadkari, Union Minister for Road Transport and Highways and MSME has said that he aims to enhance MSME contribution to GDP from about 30% to 50% and in exports from 49% to 60%.
Tue, Sep 08, 2020
Are you running a small business? Struggling to get a business loan? Now, you can borrow money instantly with Razorpay’s ‘Cash Advance’ Credit Line.
Sun, Sep 06, 2020
The government proposes to introduce an umbrella production-linked incentive (PLI) scheme with an allocation of about Rs 40,000 crore to replace the existing Merchandise Exports India Scheme (MEIS) scheme introduced in April 2015 to promote manufacturing and exports of specified goods from India.
Fri, Aug 21, 2020
A Keraal based startup has won government’s challenge of creating a video conference solution and takes home a whopping Rs 1 crore. Union Minister Ravi Shankar Prasad on Thursday (August 20) announced the results of the Grand Challenge for Developing Video Conference Solution.
Tue, Aug 11, 2020
The Amazon Prime Day sale has turned out to be a huge opportunity for Small and Medium Businesses (SMBs) who were otherwise hit by the coronavirus pandemic. The sale has allowed small businesses to reach out to more customers, with 209 SMBs turning crorepati during the 48 hour sale.
Mon, Aug 10, 2020
In the wake of COVID-19 crisis, Paytm has launched the first pocket Android POS device for contactless ordering and payments in India, a move that will make this technology more affordable for SMEs. The company has introduced 'Paytm All-in-One Portable Android Smart POS' at an introductory price of Rs 499 per month rental.
Sat, Aug 08, 2020
Amazon freedom day sale 2020: Buoyed by the success of its two-day Prime Day sale, Amazon India on Saturday announced its `Freedom Sale', which will run until August 11.
Tue, Jul 28, 2020
Swiggy has announced the second round of job cuts, letting go of 350 more employees, in the wake of COVID-19 pandemic. The food aggregator said that it has no more restructuring plans.
Sat, Jul 25, 2020
In a significant development government has now brought e-commerce operations under the ambit of Consumer Protection Act, 2019 empowering customers against unfair trade practices of e-tailers.
Thu, Jul 23, 2020
India’s homegrown e-commerce platform, Flipkart on Thursday announced the launch of a new marketplace, called Flipkart Wholesale. With the launch of new marketplace, Flipkart aims to transform the kirana retail ecosystem in India by leveraging cutting-edge and locally developed technology.
Sat, Jul 11, 2020
Emergency Credit Line Guarantee Scheme: The government is going all out to ensure that liquidity concerns of the MSME sector are addressed on priority under its ECLGS.
Thu, Jul 09, 2020
NASA has selected four US small businesses to develop a range of technologies for sustainable exploration of the Moon under the Artemis programme.
Tue, Jul 07, 2020
Punjab National Bank (PNB) has sanctioned Micro Small and Medium Enterprise (MSME) loans worth Rs 8,690 to the small businesses to help them come out of the COvID-19 pandemic heat.
Sat, Jul 04, 2020
Government departments and agencies will have to pay interest on late payment to vendors, largely MSMEs, for products procured through the Government e-Martketplace (GeM), starting October 1.
Wed, Jul 01, 2020
Under the 100 per cent ECLGS backed by a Government guarantee, Indian Public Sector Banks (PSBs) have sanctioned loans worth over Rs 1 lakh crore as of June 26, 2020.
Sat, Jun 27, 2020
State Bank of India (SBI) has sanctioned loans to over 4 lakh accounts under the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme for MSME sector.
As India gears up for unlock 2,0, ecommerce platform Flipkart on Saturday said it has enabled more than 90 per cent of its sellers to resume operations on the marketplace.
Wed, Jun 24, 2020
COVID-19 impact: As part of the recently launched RideSafeIndia initiative, Ola has fitted a protective partition screen between the driver-partner and passenger section on its autos, as an additional layer of protection to ensure physical separation.
Tue, Jun 23, 2020
There has been absolutely no impact on the Indian e-commerce industry with buyers making almost similar amount of purchase through online mode as they were before the lockdown.
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