There is little to dispute the fact that online healthcare discovery platforms are helping to increase the reach of doctors and improve access to, and delivery of, healthcare services in India. Over the past few years, emerging healthcare tech startups have been developing systems for hospital ma…
Opinion
How GST will be a turning point for SMEs
Introduction of the Goods and Services Tax (GST) after a decade-long deadlock is a welcome measure for Indian small and medium enterprises (SMEs). India’s approximately 51 million SMEs are vital for its economy, contributing 45 per cent to the country’s GDP and employing 450 million people. GST h…
India has over 50 m SMBs, so why isn’t there an established player yet?
In India, the retail and e-Commerce industry may not be as established as it is in the west, but numerous tech-driven disruptors are taking steps to offer improved choices at lower prices and with more convenience to Indian online shoppers. India is a booming startup destination and is home to ma…
To push manufacturing growth, domestic procurement is a legitimate tool: A Didar Singh
At last, India intends to adopt a national policy to give preference to domestic goods in public procurement. Last week, it was reported that there have been meetings in this regard at the PMO level. There are several estimates for the market size of government procurement, but an important aspec…
3 reasons why start-ups should outsource digital marketing
A lot of startups would like to get themselves known out there, and actually work hard in their digital marketing efforts. Time after time, I see that a lot of entrepreneurs fail to see what a complicated process digital marketing is, and that they need experts. Some of them hire social media int…
How will GST impact MSMEs?
The increasing formalisation of the Indian economy, especially through digitisation, is an inexorable advance that will upend the business model — based on the twin arbitrage of labour and cash transactions — of micro, small and medium enterprises (MSMEs). India’s paradigm shift to the Goods and …
‘Venture capital market poised to be on a high growth trajectory in Q2’2017’
2016 has been a good year with uncertainty waning in the US. According to Venture Pulse, a quarterly report on global VC trends published by KPMG, there are signs of optimism in the venture capital (VC) market as total investment in the first quarter of 2017 by US VC-backed companies reached $17.…
Improving the state of MSMEs
Late last month, the National Board of Micro, Small, and Medium Enterprises, organised by the Ministry of Micro, Small, and Medium Enterprises (MSME) including Khadi/Coir with all States and Union Territories’ Ministers and Secretaries met in the Capital. With a welter of as many as fifteen items…
In the fourth wave of disruption, SMEs present an interesting partnership opportunity
The fourth wave of disruption is coming. (If you have been sleeping during the last few years, here is a good article on it). Technology innovations have disrupted business during each wave and in some cases made them obsolete. Will today’s enterprises be washed away by a tsunami? Or will they be…
Why raising money is a never ending struggle for entrepreneurs
Running a start-up can be extremely challenging and founders often underestimate how much time and energy they will need to spend in raising money to make sure that they don’t run out of cash. Most founders are well-equipped to handle the technical problems which they will have to deal with. They…