News

Car rental start-up Drivezy raises $10 m funding

Mumbai-based self-driving car rental startup Drivezy has just received funding of Rs. 65 crore ($10million) as part-equity and part debt. The company used to be known as JustRide earlier. Of this, $5 miilion has been made by Axan Partners, Das Capital and IT Farm, which have their origins in the …

SIDBI to broaden scope of MSME lending portal Udyamimitra

Mumbai:  SIDBI plans to broaden and deepen its scope of lending to small and medium businesses by upgrading its lending portal Udyamimitra. The upgraded portal will put in place a digital financial market place for micro, small and medium enterprises (MSMEs) to leverage the pr…

Back small, medium businesses to create jobs, Rahul urges government

New Delhi: The government should support small and medium businesses and the informal sector to create jobs instead of unleashing taxmen on them, Congress Vice President Rahul Gandhi has said.  In a video released by the Congress on October 6, Gandhi said the central issu…