E Mind Computing released India’s first ever incentive based app ‘Ads Jack’ for Android phones. It is an innovative digital marketing application, loaded with informative, innovative and interesting ads. Ads Jack is a complete user engagement platform, where viewers can browse through the product…
CCI to sell cotton stock to spinning mills in MSME category only
The recent spurt in cotton prices has resulted in higher input costs for the spinning sector in India. In view of this situation, the Government reviewed the situation and decided the following: Cotton Corporation of India will sell its existing stock, purchased under MSP, to spinning mills in th…
SRI Capital adds to its SaaS startups, invests $1.3 million
Serial entrepreneur Sashi Reddi, through his seed-stage venture capital fund SRI Capital, has invested $1.3 million in two SaaS startups — Yellowdig in Pune and Zuppler in Delhi making it a total of 15 SaaS startups in his current portfolio of 23 companies. Reddi believes that enterprise software…
Dreamworld Digital in talks with private equity companies to raise upto $5-6 million
Ecommerce startup Dreamworld Digital, which runs online retail store BollyWoo.ooo focused on Bollywood fashion and trends, is in talks with three leading private equity players to raise $5-6 million, Founder Vinayak Kalani said. The company wants to use the funding to expand from apparels busines…
Hyderabad-based startup Smartron ties up with Sachin Tendulkar, bats for IoT
Smartron India, a leading technology OEM company and an Internet of Things (IoT) startup, recently announced a new innings with cricket legend, Sachin Tendulkar. Besides being the brand ambassador of Smartron, Sachin is also a strategic shareholder in the company thus making it his first investme…
Askme Grocery foraying into gourmet foods to pep up sales
Online grocery delivery firm AskMe Grocery is foraying into high-margin gourmet foods category, a move aimed at arresting dipping average orders on its platform. The company expects gourmet foods to account for about 10 per cent of its targeted Rs 1,800 crore GMV (worth of merchandise to be sold …
KVIC to supply 23,500 silk jackets worth Rs 5.34 crore to NTPC
Khadi and Village Industries Commission, which has been on an aggressive campaign to promote the Khadi brand in the country and abroad from the past 8 months has bagged an order of supplying silk jackets to the National Thermal Power Corporation (NTPC). The power major has placed an order for wor…
Digital news media space hot; Dailyhunt expands footprint
News and ebooks mobile application Dailyhunt has picked up a minority stake for Rs 15 crore in OneIndia, the local news language portal owned by Rajesh Jain and BG Mahesh. The duo were the brains behind Prime Minister Narendra Modi’s digital strategy during the 2014 elections and the invest…
Centre launches 15 International Skill Centers across country
The Ministry of Skill Development And Entrepreneurship has made a major announcement that the government is going to set up India International Skill Centers across the country to support youth getting foreign placement. While Skill India celebrates its anniversary with huge fanfare and more than…
Consumer, SME loan market to reach $3 trillion in 10 years: Report
With the government taking various initiatives for hassle-free and cashless financial transactions, the consumer and SME loan market is expected to grow to $3,020 billion over the next decade, says a Credit Suisse report. As per the report by the Swiss brokerage, the domestic financial landscape …