Snapdeal has integrated Redbus, Zomato and Cleartrip inventory in its mobile application as a pilot that will help customers book bus tickets, flight tickets, hotel tickets and food directly from the application. This association gives Cleartrip, Zomato and RedBus access to Snapdeal’s user …
Tag: Amazon
E-commerce firms invite physical stores to sell big brands on their sites
E-commerce companies are trying to persuade brick-and-mortar retail chains — bitter rivals in most product segments — to come on board their digital platforms to sell big consumer electronic brands. This follows companies such as Samsung, LG and Sony having successfully managed to squelch once-ra…
Investor queue gets longer outside micro loan startups
Startups helping college students and young adults get small loans, typically below Rs 1 lakh, are seeing early interest from investors as fin-tech, or financial technology, emerges as one of the hottest sectoral themes for this year. Finomena, a Bengaluru-based lending platform for students, rec…
Flipkart launches instant-cataloguing service spot-list for SMEs
The Indian e-retailer Flipkart on February 17 announced the nation-wide launch of Spotlist. It’s a service that offers instant cataloguing and listing for small-scale sellers and artisans in India. The company expects to provide small-scale sellers with professional assistant to catalogue t…
SBI partners with Snapdeal to launch e-platform for SMEs
Country’s largest lender State Bank of India on January 15 announced launch of SBI e-Smart SME to offer easy working capital to online e-commerce players. Country’s largest lender State Bank of India today announced launch of SBI e-Smart SME to offer easy working capital to online e-commerc…
Need to evolve customized funding solutions for SMEs: RBI
The Reserve Bank of India is of the view that the ‘one-size-fits-all approach’ of banks is detrimental when it comes to lending to small and medium enterprises (SMEs). In a recent report prepared by RBI Executive Director Deepak Mohanty, global examples such as Amazon Lending and supplier financi…
Start ups offering competitive packages for placement at IIIT-H
The ongoing placement process at the International Institute of Information Technology, Hyderabad (IIIT-H), is marked by the increased presence of start-ups, which are willing to offer competitive packages as compared to big recruiters. This comes on the heels of a growing interest in campus plac…
Prione bets big on SMEs in Telangana
Prione, a joint venture between Catamaran Ventures and Amazon, on Tuesday said it had seen high demand for its services from Small and Medium Businesses (SMBs) in Telangana. The company, which enables SMBs to sell online, is betting big on the TS for growth. “Prione’s mission to make SMBs success…
Start-ups push up salary packages in BITs Hyderabad
Start-ups and e-commerce firms are driving a massive increase in salary packages for students in campus placements, going by the first round of placements in the Birla Institute of Technology and Sciences (BITS). As per available data, companies visiting BITS upwardly revised compensation package…