Delhi-based logistics startup Truxapp was founded by Manmohan Agarwal along with Dhruv Khandelwal, Sharad Pratap Singh and Naseer Ahmed. Launched in 2015, the startup is a mobile-app based logistics service which connects truck owners to businesses. Agarwal is also co-founder of e-commerce portal…
DBS Bank & Tally offer GST-enabled connected banking solution for SMEs
DBS Bank India and Tally Solutions have entered into a partnership to launch a first-of-its-kind connected banking platform, to enable convenient GST payments and accounting processes for SMEs. The connected banking solution, available to DBS Bank’s SME customers on the GST-ready version of Tally…
Forex solutions provider MyForexEye secures $220k in pre-series A from HNI’s & bankers
Myforexeye, India’s first full service Forex Company has raised pre-Series A funding of $220k from a clutch of individual investors. The investment has been made by HNI’s and senior bankers from India and overseas. The investment round saw participation from Rahul Dev Kumar, Executive Director – …
Amazon India signs MoU with Telangana Handloom department to train weavers
Amazon India has said it signed a Memorandum of Understanding (MoU) with the Telangana Department of Handloom and Textiles, to educate, train and enable weavers and artisans to directly sell their products to Amazon customers across the country. According to a statement issued by the e-commerce g…
IAN & BIRAC come together to nurture bio-tech start-ups
Indian Angel Network (IAN), the world’s largest angel network, on August 8 said it has signed a memorandum of understanding (MoU) with Biotechnology Industry Research Assistance Council (BIRAC) to invest into biotechnology startups and bring the ecosystem together to promote biotech industry in I…
The involvement of SMBs is the weakest link in the GST chain: FireEye
As cyber-attacks become more and more mainstream and everything from payments to tax filing goes digital, cyber security is no longer just a hypothetical concern. It is real and it is impacting organisations and fast becoming a national security concern, Kaushal Dalal, Managing Director for India…
Post Startup India, over 2,195 new ventures get DIPP recognition
New Delhi: Over 2,196 new ventures have been recognised by the Department of Industrial Policy and Promotion (DIPP) since the launch of Startup India, easing patent filing and credit availability for them. Government data shows there has been a spurt in registrations of startups following the cha…
TCS iON to launch GST Shiksha hub for MSMEs
Hosted on the TCS iON Digital Learning HUB, the GST Shiksha hub will provide content to help MSMEs across India to be GST aware and compliant.
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Crisil SME Tracker: For small fleet operators, time to hit mainstream road
GST will lead to the emergence of key hubs in major locations, leading to increased freight load
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For MSME suppliers, it pays to get on the TReDS platform
Micro, small and medium enterprises (MSMEs) supplying to top-notch corporates can get their invoices discounted at or close to banks’ benchmark lending rates if they get on to the Trade Receivables Discounting System (TReDS). This is so because financiers — banks and non-banking finance companies…