Tag: AskmeBazaar

AskmeFin to credit rate Small & Medium units, use algorithms

AskmeFin plans to venture into credit rating of small and medium enterprises to enable them get funds at competitive rates. To start with, the company will use algorithms to provide credit scores for the 1.5 lakh SMEs registered with it and also helping them tie-up short-term funds. A part of the…

Budget 2016 | Quotable Quotes

“Finance Minister spent a considerable amount of time in trying to address the rural distress and the difficulties being faced by the farmers. The emphasis on the budget on various schemes and ideas, which including for instance the linking of the MNREGA scheme to rural challenges, is very signif…

AskMeBazaar demands GST roadmap in Budget 2016

AskMeBazaar, an online bazaar with many stores from across India, has demanded that forthcoming budget should come out with clear cut roadmap for the rollout of game changing indirect tax reform, Goods and Services Tax. With growing e commerce, rollout of GST is critical for its growth as it is l…

Indian e-commerce platforms help SMEs to get easy loans

E-commerce marketplaces such as Snapdeal, Paytm, AskmeBazaar and Flipkart are using transaction data of thousands of vendors on their platforms to help them raise working capital through tie-ups with banks and financial service firms. The e-marketplaces use tools to crunch data on the trading his…