According to the report, about 13 e-Commerce companies which raised a total of around $3.46 billion in 2015 managed to receive just $1.31 billion in 2016 in FDI inflows.
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Tech start-up funding touches $5.56 b in first half of 2017: Report
Over $5.56 billion was invested across 452 Indian tech start-ups during the period January-June 2017. While in Q1 2017 about $1.46 billion was invested across 206 start-ups, Q2 witnessed 217 deals amounting to $4.1 billion in funding.
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EY India launches free of cost GST Helpdesk for small businesses
Built by the EY GST domain experts, EY GST Helpdesk is a free of cost service for small businesses, traders and entrepreneurs wherein information seekers can post their queries.
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Get-Set-Takeoff: Intuit launches GST-ready QuickBook for SMBs
Intuit QuickBook has been working on the GST version for over a year now and meanwhile assisted businesses become GST-ready with their Get-Set-Takeoff (GST) programme.
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Evening Post | July 10, 2017 | GST to boost MSME competitiveness | Lean manufacturing & tech are tools of manufacturing hub
GST to boost MSME competitiveness & help industry contribute $280 b to GDP by 2026: Study Industry is estimated to contribute $280 billion to India’s GDP by 2026 as a positive fall-out of the Goods and Services Tax, says a joint report titled ‘Emerging Mantras for Bankers-Borro…
Morning Post | July 10, 2017 | Start-up Coast soon in K’taka | G20 lauds India’s start-up initiatives
Union Commerce and Industry Ministry Nirmala Sitharaman has initiated the “Startup Coast” project for setting up state-of-the-art innovation centres, modern incubation centres, tinkering labs and co- working space for start-ups on the west coast in Karnataka.
G20 has lauded the …
GST will boost competitiveness of MSMEs: Study
The Goods and Services Tax (GST) will boost the competitiveness of micro, small and medium enterprises (MSMEs), noted a recent joint study by The Associated Chambers of Commerce and Industry of India (ASSOCHAM) and Ashvin Parekh Advisory Services (APAS). “From a MSM…
NSE Investor Fair organized in Ranchi
India’s leading stock exchange, the National Stock Exchange of India Ltd. (NSE) on July 8 organized an ‘Investor Fair’ in Ranchi, to inculcate the equity cult among entrepreneurs, investors and students in the city. The NSE Investor Fair focused on three comprehensive themes, which highlighted be…
Yogi Adityanath urges SIDBI to set aside Rs 200 cr for start-ups in UP
The Yogi Adityanath government in Uttar Pradesh has urged the Small Industries Development Bank of India (SIDBI) to institute a start-up fund for promoting micro, small and medium enterprises (MSMEs) within the state. Sidbi Deputy Managing Director Ajay Kumar Kapur, said on July 7 that the propos…