Hyderabad: Goodbox, which offers small and mid-size businesses an e-commerce platform, has announced that its app is now available across the country, the company said in a statement on April 14. The businesses can have their e-commerce platform at a hundredth of the cost of developing their own …
देश का सर्विस एक्सपोर्ट फरवरी में 5.9% बढ़ा, इंपोर्ट में मामूली बढ़त
सेवा निर्यात फरवरी 2017 में एक साल पहले की तुलना में 5.9 फीसदी बढ़कर 13.06 अरब डॉलर रहा।2016 के इसी महीने में यह 12.33 अरब डॉलर था। रिजर्व बैंक के आंकड़ों के अनुसार इसी दौरान सेवा आयात हल्की बढ़त के साथ 7.24 अरब डॉलर रहा। फरवरी 2016 में 7.19 अरब डॉलर मूल्य की सेवाओं का […]
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SME IPOs catch investors’ eye, raise Rs 811 cr in FY17
New Delhi: Small and medium enterprises (SMEs) raised a staggering Rs 811 crore through initial public offerings in 2016-17, more than two-fold jump from the preceding fiscal. The huge fund-raising can be attributed to reforms and initiatives taken by the government to encourage the SME sector. F…
Reality check: Forget Digital India, 73% MSMEs still use printed directories in age of internet
The industry in the district lags behind in terms of adopting latest technology and marketing tools. A study of MSMEs in the district conducted by the Chamber of Commercial and Industrial Undertakings (CICU) has found that only 27 per cent of the units have their websites and just 9 per cent of t…
India world’s largest start-up ecosystem, but in VCs & angel networks it stutters
India is the world’s third largest start-up ecosystem with over 4,200 start-ups in existence according to NASSCOM. Yet, in terms of VCs and angel networks, India compares poorly to the developed world. In the US alone, there are an estimated 1,300 venture funds in operation in contrast to a paltr…
Reliance Group’s Unlimit launches IoT platform for ‘Enablement’ of start-ups
Reliance Group’s Unlimit has launched an Internet of Things (IoT) platform which will aim to enterprise users on April 13. Reliance’s Unlimit had joined hands with a global IoT Software provider Cumulocity and launched a new platform ‘Enablement’ to showcase their new products and services. ‘Enab…
Edutech start-up myly secures funds from SIDBI
The Jaipur – based firm, EduCommerce Technologies, which runs the edutech startup, myly, recently announced that it has secured fresh funds from Small Industries Development Bank of India (SIDBI) under the bank’s Startup Mitra scheme. The edutech startup has so far raised Rs. 1.61 crores from var…
eBay kicks off start-up competition for early stage entrepreneurs
eBay Foundation and GriffinWorx have launched the 2017 eBay StartUp Cup Challenge, a business model competition in four cities helping early stage entrepreneurs with any type of business idea to design, test and build a viable business. Through a competitive selection process over several months,…
10 ways in which you can ensure your start-up’s success
Entrepreneurship requires you to be many opposing things, simultaneously and consistently. We at EGK Foods, stand on the cusp of raising our first real round of funds so, I would love to share what I have learnt so far. I was once an amateur online poker player, therefore, I can broadly describe …
Indian start-ups to scale analytics opportunity in China
Chennai: Upto 30 Indian startups stand the chance to offer solutions to complex issues identified by the Guizhou province in China. Considered to be the data analytics hub of the country, the province intends to have 2 million servers by 2020 and is going all out to invite startups across the wor…