नई दिल्ली, 30 मई 2017: ई-कॉमर्स का असर वैश्विक कारोबार तंत्र में तेजी से बदलाव ला रहा है। ई-कॉमर्स की परिघटना पिछले पांच साल में काफी लोकप्रिय हुई है। ई-कॉमर्स फाउंडेशन की ग्लोबल बिजनेस टु कंज्यूमर्स (बी2सी) ई-कॉमर्स रिपोर्ट 2016 के अनुसार साल 2015 में बी2सी ई-कॉमर्स बिक्री में सबसे ज्यादा हिस्सा…
Rating agencies in a fix over SMEs
Volatility in the government’s budget subsidy to incentivise credit ratings for micro and small enterprises over the past few years is harming these companies as rating agencies are in a fix on whether to invest more for this sector’s ratings. The government gives up to a Rs 40,000 subsidy for MS…
Collateral medical raises $3.5 m funding from Carpediem Capital
Mumbai-based healthtech start-up Collateral Medical has secured $3.5 mn its Series A round of funding from PE fund, Carpediem Capital. Intellecap’s Investment Banking Group acted as advisors for the deal. The startup will deploy the raised funds towards scaling distribution capabilities, expansio…
DIPP asks for additional $247.7 m in fund of funds for FY ’17-18
The Department of Industrial Policy and Promotion (DIPP) has reportedly asked the Finance Ministry to release an additional $247.7 Mn (INR 1,600 Cr) under the Fund of Funds for startups (FFS) in FY 17-18. The Fund of Funds was sanctioned for contribution to various Alternative Investment Funds (A…
‘GST will give a major boost to Make in India initiative’
The Central Excise Commissionerate Noida II in association with the Institute of Chartered Accountants of India on May 29 organized a workshop for tax payers for smooth switchover to the Goods and Services Tax (GST) regime, which will come into effect from July 1. The programme, joined by represe…
Oracle expanding its start-up Cloud Accelerator from Bengaluru to Delhi-NCR & Mumbai
Oracle is expanding its Startup Cloud Accelerator from Bengaluru to Delhi-NCR and Mumbai in India. Oracle OpenWorld (Delhi NCR & Mumbai centers now live, and the call for applications for these 2 cities as well as in Bengaluru). In a conversation, Sanket Atal, Group Vice President of Developm…
Logistics tech start-up Loadshare gets funds from Matrix
Technology-enabled logistics start-up Loadshare has raised an undisclosed amount in its first round of funding from venture capital fund Matrix Partners India. Started in January of 2017, Loadshare has built a network focusing on small and medium players by helping them with technology and operat…
India will grow 7.2% in FY18, GST will deliver substantial gains: World Bank
New Delhi: The World Bank on May 29 said the government’s November decision to withdraw high-value currency notes may have a disproportionately high impact on the poor and vulnerable while its decision to implement the goods and services tax (GST) will be equitable without any negative impact on …
Helion’s Rahul Chandra floats a $100 m venture capital
Helion Venture Partners’ Managing Director Rahul Chandra has floated a new venture capital called Unitary Helion, which is planning to raise a $100 million fund focused on deals in the financial technology space. The move comes as Helion Venture Partners, which raised over $600 million back…
Cattle Trade Ban: Leather industry claims exports will decline by $3.5 b
The Centre’s ban on the sale and purchase of cattle from animal markets for slaughter would adversely affect the leather industry, leather exporters in Kolkata said and demanded that the decision be either revoked or amended. If nothing is done, the leather exporters threaten to take to the…