Global trading giant will unleash SME potential by leveraging technology & e-Commerce
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Tag: Alibaba
Alibaba acquires majority stake in Indian ticketing start-up TicketNew
Alibaba Pictures, the entertainment unit of China’s e-Commerce major Alibaba Group, has reportedly acquired a majority stake in Chennai-based TicketNew for an undisclosed amount. Post acquisition, Alibaba will have four representatives on TicketNew’s board and the firm’s promoters will have two o…
Haryana to unveil MSME policy soon: Vipul Goel
Panchkula: The Haryana government is in talks with global e-commerce players such as Amazon and Alibaba to support micro small and medium enterprises in the state, a Minister said. The state government will soon unveil its MSME policy, the draft of which has already been prepared, state Industrie…
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…
Here’s how Chinese investors are helping Indian start-ups
The first time iXigo Founder Aloke Bajpai pitched to Fosun Kinzon Capital, the venture capital arm of Chinese conglomerate Fosun, it was through an interpreter. He was uncomfortable with the language barrier — a major factor that impedes the intermingling of the start-up ecosystems of the two nei…
Our special area of focus is traditionally underserved micro-entrepreneurs: Capital Float
In a long chat with Rohan Angrish, CTO, Capital Float, here is an understanding of how their online platform reduces the hassles associated with processing working capital requirements for SMEs in India. Edited excerpts: Q: Please tell us about your organization and how it plans to address financ…
Startup India vs Startup China: The Differences
Fresh from a 2-week long trip to China after interacting closely with various stakeholders in the Chinese startup ecosystem – investors, startups, BAT (-B) and government officials, here’s the first post to capture the rich learnings. There are some striking cultural, structural and political dif…
Indian banks misread the Fintech threat
A payment system is to an economy what plumbing is to houses: The only time people talk about it is when it’s not working. That’s been the case in India since the government’s demonetization decision on Nov. 8. While that shock gutted commerce, it also upended the payment metho…
More Chinese investment led by Alibaba Group, continues to flow into Indian start-ups
Lately, there is a bit of China in some of the top Indian startups, from e-commerce platform Snapdeal and mobile wallet giant Paytm to ride sharing company Ola and travel portal MakeMyTrip. In the last year or so, India’s startups have seen an influx of investments from China’s top technology fir…
Alibaba ramps up B2B commerce play in India to aid SMEs
Amid talk of Alibaba’s foray into the consumer-facing e-commerce space in India, the Jack Ma-led Chinese internet behemoth has gone ahead and struck a string of partnerships to prop up its existing business-to-business marketplace venture here in India. Alibaba is partnering with DHL and De…