RBI governor Raghuram Rajan on May 21 said Small and Medium Enterprises (SMEs) hold the key to creating more jobs and accelerate country’s economic growth and the sector ought to be encouraged to flourish in a hassle-free environment. Rajan stressed the need for rapid implementation of prog…
Peer to peer Lending platform i2i funding raises angel funding
I2iFunding, one of the leading peer to peer lending platforms in India, today announced that the company has secured Angel funding, from a group of industry veterans. “We are delighted that this distinguished group of investors has chosen to support i2ifundinging our mission to increase financial…
Online furniture startup Urban Ladder rolls out new maternity benefits
Bengaluru-based online furniture and home decor startup Urban Ladder has revised its maternity benefits policy, in line with industry trends and in an effort to prevent women at mid to senior levels dropping out of the workforce when they become mothers. “We enjoy a healthy diversity ratio …
Google confirms area 120 incubator that allows employees build their own startups
Google is setting up an in-house startup incubator called ‘Area 120’ to help retain its entrepreneurial talent and give them an avenue to explore new ideas, CEO Sundar Pichai has confirmed to Forbes. These plans were first reported by The Information last month. “We’ve alw…
MyTradeBox, India’s first assisted bulk-buying hybrid e-commerce start-up
MyTradeBox, India’s first assisted bulk buying hybrid e-commerce start-up, will soon have a physical presence in local markets to give an ease of accessibility to local retailers as well as local buyers. With a brand motto of -‘Happy sellers, Happy buyers’, it will give the e-co…
FICCI Business Delegation accompanying Energy Minister Piyush Goyal to Singapore
New Delhi, 20 May 2016: To further strengthen relations of India and Singapore in the energy sector, a high-powered delegation led by Piyush Goyal, Hon’ble Minister of State (IC) for Power, Coal, New & Renewable Energy, and Government of India will be visiting Singapore on May 23, 2016…
Shopmatic ties up with Aramex
Shopmatic, a homegrown e-commerce SaaS (Software as a Service) company, on May 19 announced a strategic partnership with Aramex, a provider of comprehensive logistics and transportation solutions. The partnership will allow online merchants to deliver their products efficiently and securely, ther…
Reduce minimum float for SME listing | I-Bankers
Investment bankers for SMEs (Small and Medium Enterprises) want to lower the minimum percentage of shares going public to 10 per cent of equity, from 25 per cent now. Going public is the act of listing certain number of shares on an exchange. Experts believe that, at present, the funding need of …
INDO-UAE global investment summit – 2016 to be held at Dubai on may 24 under aegis of PHD Chamber
PHD Chamber of Commerce and Industry in association with Brands Academy will be organizing a day long INDO-UAE GLOBAL INVESTMENT SUMMIT – 2016 on 24th of May at Dubai to promote bilateral trade between India and Gulf Corporation Council (GCC) in areas such as infrastructure, construction, renewab…
FICCI-MRSS report suggests 5-point agenda to boost MICE tourism
NEW DELHI, 19 May 2016: Of the various forms of tourism that exists in the globe, Meetings Incentives, Conferences Exhibition (MICE) is the one which has shown the maximum potential across the globe. Ever since the inception of the concept in Europe and America almost a century back, the MICE ind…