Online platform that facilitates SMEs in obtaining working capital loans through its NBFC ‘Lendingkart Finance’ on April 19 disbursed loans to over 1000 SMEs in the state of Gujarat. The Ahmedabad-based digital lending platform has reached out to SMEs in more than 40 cities in the sta…
How Cloud solutions empower SMBs
Coimbatore: Adoption of cloud technologies not only empowers small and medium businesses (SMBs) but also help them save cost on hardware, increase efficiencies and deliver agile products and services to their customers. Coimbatore incidentally is home to one of the largest markets for SMBs in Ind…
AirAsia buys 50% stake in travel planning start-up Touristly for $2.6mn
AirAsia, the budget airline for Southeast Asia that’s headquartered in Malaysia, isn’t commonly associated with startup investments, but today the company announced that it has bought a 50 percent share in trip planning service Touristly in a deal worth MYR 11.5 million, or $2.6 million. The deal…
What happens while you wait for next big round for start-up investments
Start-up companies seek various forms of funding to help kick-start their operations and, eventually, to scale their growth. Typically, the seed capital ploughed in by the promoters themselves and/or their close friends and kin helps the start-up companies create a workable product prototype and …
Industrial IoT start-up IoTrek raises $154K in seed investment
Delhi-based IoTrek Technology Pvt. Ltd, which provides industrial Internet of Things (IoT) solutions for telecommunications, energy and solar grid management, has secured $154,000 (Rs 1 crore) in seed funding from a consumer goods maker, a top company executive said. The startup will use the fund…
Food-tech start-up Holachef gets $3 mn from SIDBI VC, Kalaari
Mumbai-based food delivery startup Holachef Hospitality Pvt. Ltd has raised Rs 19.5 crore ($3 million) in a Series B round of funding from SIDBI Venture Capital Ltd and existing investor Kalaari Capital. The VC arm of state-run Small Industries Development Bank of India led this round with a Rs 1…
Patanjali to go global, says Acharya Balkrishna at FICCI Food Buyer Seller Meet
Gurugram : Acharya Balkrishna, Co-Founder and CEO of Patanjali Ayurveda announced Patanjali’s plans of going global in the near future. He was speaking at ‘Made in India – Food Buyer Seller Meet’ organised by FICCI and ‘Agricultural and Processed Food Products Export Development…
SME के लिए टीवी चैनल और बिजनेस जोन बनाने का प्रस्ताव, 28 अप्रैल को राज्यों के साथ केंद्र की मीटिंग
नई दिल्ली। सरकार लोकसभा, राज्यसभा या किसान चैनल की तर्ज पर छोटे कारोबारियों के लिए अलग टीवी चैनल शुरू करने पर विचार कर रही है। यह प्रस्ताव सरकार द्वारा एमएसएमई पॉलिसी बनाने के लिए गठित एक सदस्यीय कमेटी ने रखा है। इस प्रस्ताव पर 28 अप्रैल को होने वाली बैठक में विचार विमर्श किया जाएगा। […]
NowFloats records 38k+ live businesses in NCR; Boosts SMBs using innovative technology
New Delhi: NowFloats, a location-based disruptive technology for online discovery that helps businesses get discovered, has registered impressive growth in the Delhi/NCR region. The innovative platform has grown to more than 38,000 live customers in the past 3 years, and is playing a pivotal role…
The art of doing business under GST
Most of India’s business transactions will soon move through the technology-led GST system. This will change the way firms interact with each other and with the Government. As close to one crore firms/persons will start using this system soon, it would be useful to understand how a firm will comp…