Only 497 start-ups have been set up so far, which, even by the most conservative estimates, is set to be the lowest in the last three years by a huge margin
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Tag: E-commerce
Digitisation must for success of micro industries: Experts
MSMEs constitute over 80 per cent of the Indian retail sector, and, with proper training and guidance, they are capable of revolutionising the future of our country
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Why fintech start-ups are wooing India’s small businesses
Fintechs specializing in micro-financing are gaining the trust of Indian SMEs and MSMEs. Small and medium businesses have thrived in India for decades, specifically empowering smaller towns and cities.
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Internet start-ups top the enterprises chart in India; Delhi-NCR leads the clan
There is a boom in the number of internet start-ups in India accounting to a total of 18,648 across all major cities, suggests a latest report on the city-wise and sector-wise distribution of these enterprises. Delhi NCR takes up the top position with a whopping 6080 internet start-ups. Further c…
UP plans to take-over Khadi industry globally with ‘made-in-UP’ products
UP Khadi & Gramudyog department preparing made-in-UP brand logo; On-boarding e-Commerce giants for global spread of state’s Khadi products
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FDI in e-Comm & start-ups contracts over 65% in CY2016: Kotak report
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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ShopClues rolls out GST compliance services for over 6 lakh MSME merchants
ShopClues is introducing several merchant initiatives and workshops nationwide to have a smooth transition to the Goods and Services Tax (GST) framework. The online aggregator plans to pan over five lakh plus merchants under the new tax regime as it is required to file returns under GST, which wi…
MaxWholesale raises $1 m from Indian Angel Network & Maple Capital Advisors
MaxWholesale, a mobile-based B2B grocery supply chain, has raised $1 million in Pre-Series A round of funding led by Indian Angel Network (IAN) and Maple Capital Advisors. IAN investors include Ambarish Raghuvanshi, Raman Roy, Sunil Munjal, amongst others. Bikky Khosla of Tradeindia, Pankaj Karna…
As start-up story goes awry, Esops lose their sheen
Employee stock option plans (Esops) are so yesterday — so much so that almost no high-flyer recruit in e-Commerce now wants them. Once the ultimate wealth-creation vehicle, and part of the start-up lore, Esops have lost their sheen along with the start-up story. Headhunters say executives are neg…
Tech funding soars in India: CB Insights
Venture capital funding has roared back in 2017 in Asia after a slowdown in 2016. Technology funding in India has also jumped, according to the ‘Asia Tech Investment Report’ by CB Insights, a data intelligence platform. Highlights from the report: $106 billion invested across 5,019 deals since 20…