Myntra, the country’s largest fashion ecommerce company, is reviving an incubation programme aimed at providing 10 small brands with technical, design and financial support, targeting about $500 million worth of business from them in the next five years. The online retailer had nurtured about a d…
30 Indian-origin entrepreneurs in Forbes list of super achievers
New York: Over 30 Indian-origin innovators, entrepreneurs and leaders have been featured in the 2017 edition of Forbes’ list of super achievers under the age of 30 who seek to break the status quo and transform the world. The Forbes list has 30 game changers in 20 industries including healt…
Demonetisation hits December services growth
The government’s demonetisation move provoked a downturn in the Indian service sector growth in December, with business activity contracting for the second consecutive month, revealed key macro-economic data on December 4. Indian service providers continued to be impacted by the November 8 …
More Chinese investment led by Alibaba Group, continues to flow into Indian start-ups
Lately, there is a bit of China in some of the top Indian startups, from e-commerce platform Snapdeal and mobile wallet giant Paytm to ride sharing company Ola and travel portal MakeMyTrip. In the last year or so, India’s startups have seen an influx of investments from China’s top technology fir…
Lodha Developers floats maiden fund for start-up investments
Lodha Developers Pvt. Ltd, the country’s largest real estate developer in terms of sales, has launched its maiden investment fund for start-ups focused on smart city solutions and the overall real estate sector, it said in a statement on January 4. With an initial investment corpus of Rs 50 crore…
Roposo enables SMBs, sellers & brands to expand their reach exponentially
With over 4,200 already on board, Roposo-India’s favourite fashion social network is quickly becoming the hub for small sellers including home-sellers, offline boutiques, and many others selling niche fashion and lifestyle products. Roposo’s unprecedented reach and popularity has helped expand th…
Sundar Pichai Live: Google CEO announces ‘MyBusiness’ tool to help SMEs set up own website
Google CEO Sundar Pichai is hosting a technology event today in New Delhi and the focus is mainly on SMEs in India. The event is also be attended by IT Minister Ravi Shankar Prasad along with many senior executives from Google. Pichai during the event said, “With the internet, even small business…
Demonetisation effect: Credit to small, micro units fall 7.7% in November
Chennai: Industrial credit slowed across sub-sectors in November, with loans to micro, small and medium enterprises reporting the biggest fall. Credit growth to the services sector slowed down on a month-on-month (m-o-m) basis but performed relatively better than industries. Credit to small &…
Keep labour-intensive sectors out of GST ambit: Nirmala Sitharaman
Commerce and Industry Ministry asked the GST Council to grant ab-initio exemption to exporters from the Goods and Services Tax and keep the labour-intensive sectors like leather and plantation completely out of the tax net or put them in lowest slab. Commerce and Industry Minister Nirmala Sithara…
Sundar Pichai to announce key initiatives for Indian SMEs today
New Delhi: Google’s India-born CEO Sundar Pichai will attend the small and medium enterprises (SMEs) programme on January 4, where he will announce some key initiatives for SMEs, as part of the tech giant’s efforts to bring more businesses online in the country. Information Technology…