With startups innovating with technology in the education space, veterans in the publishing space also want to be a part of this change too. From digitising their content to investing in ed-tech startups, these players want to reach their audience in an all-new tech-savvy avatar. “You have …
French beauty products maker L’Occitane leads $6-million funding round
French beauty products maker L’Occitane is leading a $6-million funding round in on-demand beauty services startup MyGlamm, which will be the largest round of funding in the sector. The funding, which also saw participation from existing investor Tano Capital and Brand Capital (part of the …
Financial listing startup BankBazaar to include mutual funds in its portfolio
Financial listing startup BankBazaar on April 6 announced the plan to expand its portfolio starting with mutual funds. The company will use its proprietary technology to provide its retail customers with customized profile-based suggestions on mutual fund schemes from select asset management comp…
Shivalik Bank looks at Rs 5,000 cr turnover by 2020
The Uttar Pradesh-based urban co-operative lender Shivalik Mercantile Co-operative Bank is eyeing a business turnover of Rs 5,000 crore by 2020, the chief of the bank said. “In the current fiscal, we are eyeing a business turnover of Rs 1,700 crore as against Rs 1,400 crore in the previous …
GOOGLE India, DSCI Partner to promote cybersecurity awareness
Google India and Data Security Council of India (DSCI), launched ‘Internet Safety Programme’ for MSMEs to deal with cyber security challenges to stay safe and secure while operating online. Under the program, DSCI and Google will organise several workshops in different cities, to help…
Logistics aggregator GoodsOnMove in talks to rise seed funding
GoodsOnMove, an on-demand logistics aggregator for relocation and trucking services, is in advanced talks with potential investors to raise seed funding, the company’s founder told VCCircle. The company, run by Delhi-based Goods on Move Technologies Pvt Ltd, plans to use the funds to be raised fo…
Textile exports can touch $300bn by 2025 | Indian Textile Industry
The Indian textile industry, which has been registering a slide on the export front, perceives that with focused trade policy support and by moving up the value chain, the industry can achieve the export target of $300 billion by 2025. Conceding that “Transpacific Trade Partnership (TPP) is a nat…
RBI taking steps to improve credit to MSMEs | Dy. Governor Mundra
The Reserve Bank of India is taking a number of steps to ensure timely credit availability as also improving cash flow to the Micro, Small and Medium Enterprises (MSMEs), which stand as the beacon of hope in an otherwise difficult economic environment. Addressing the Bankers’- Borrowers int…
Commerce Ministry wants priority sector status for export credit
The Commerce Ministry will seek priority sector status for export credit and focus on a revival of Special Economic Zones (SEZs), as it has identified six areas to prop up outbound shipments in goods, which contracted for a 15th straight month through February. Following the first meeting of a re…
UC web, Flipkart join hands to launch mobile-site on UC browser
UCWeb, the maker behind UC Browser, India’s No. 1 mobile browser with over 55% market share (according to StatCounter) and a business within Alibaba mobile business group, has partnered with ecommerce major Flipkart in an effort to offer its users shopping on the go. Flipkart site, now available …