India’s decade-old software-as-a-service, or SaaS, sector that has traditionally catered to overseas clients is experiencing a reversal of sorts with a surge in domestic demand. A bunch of young SaaS startups, including customer analytics platform CloudCherry , web optimisation firm Zarget …
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CII joins hands with IIM-Calcutta to boost first-generation entrepreneurs
Kolkata: CII has joined hands with IIM-Calcutta to boost a group of 25 first-generation entrepreneurs. What is unique about the venture is that most of these entrepreneurs, hail from Kolkata and four of its adjoining districts like, Howrah, North 24 Parganas, South 24 Parganas and Hooghly, belong…
Haryana abolishes market fee for small traders with annual turnover upto Rs 5 lakh
The Haryana government has announced abolition of market fee for small traders having an annual turnover of upto Rs five lakh. The abolition of the fee was among a number sops announced by Haryana Chief Minister Manohar Lal Khattar during a trader’s conference ‘Virat Vyapari Sammelan&…
Startup India & Start Up Nation (Israel) should talk to each other more: Israeli Ambassador
New Delhi: India and Israel are celebrating 25 years of diplomatic ties in 2017-18. Prime Minister Narendra Modi and his Israeli counterpart Benjamin Netanyahu are expected to exchange visits before the anniversary year closes in January 2018. In an interview, Israel’s ambassador to India Daniel …
SAP tailors its HANA platform for Indian SMEs
With the government pushing for digital transactions and a unified technology driven taxation system, goods and services tax (GST) likely to be rolled out by July 2017, small and medium enterprises (SMEs) are gearing up to optimise the limited IT resources to remain agile and capitalise on emergi…
Four principles of organisational excellence which every small business should know
Embedding excellence is the aspiration of all small businesses. An excellent organization is one which is able to meet and exceed stakeholders’ expectations not once, not twice but sustains it over a period of time. It is not achieved by fluke, but by systemically ensuring all elements of t…
New maternity leave a worry for start-ups
New Delhi: The maternity bill, which allows leave for more than six months from the current three months, has thrown India’s startup community into a tizzy. While some startups hailed the development as a progressive step, many said they cannot afford the cost of hiring somebody, who may be…
Start-ups see M&A wave in 2017: Survey
Startups in India see a flurry of merger and acquisition (M&A) deals this year as both raising funds and staying afloat turn harder in what is increasingly becoming a highly competitive, profitability-focused market, shows a survey of startup entrepreneurs. The survey, based on responses fro…
New textile policy seeks special focus on handicraft
New Delhi: The new textiles policy will focus on a three-pronged approach to boost the growth of Indian handicraft sector, which is facing tough competition from international players. According to sources, the approach involves incentivising expansion of production base for quality manufacturing…
Banks & fintech start-ups see more value in cooperation than in rivalry
In 2011, ICICI Bank was confronted with a unique problem. Most of the frontend staff of India’s largest private sector bank by consolidated assets were reasonably fresh, and had to be quickly trained to interact online with customers. A lot of time was wasted toggling between multiple screens to …