B2B e-commerce platforms inventory management services is gaining popularity among small and medium enterprises (SMEs). This has resulted in reducing inventory costs by 40 per cent for SMEs. SMEs who would earlier procure raw material from various sources and stock it for one month to three month…
Tag: E-commerce
SMEs attracting women with offers of greater flexibility
A mix of greater flexibility, more mentoring and a personalised management style is attracting more and more women, especially those who are restarting their career after a break, to smaller organisations, experts say. “Women have begun working in smaller organisations in order to obtain gr…
Commerce Ministry launches portal for e-Procurement
The Commerce Ministry has launched an e-marketplace for online purchase of goods and services by various central government ministries and departments. The move is aimed at bringing in more transparency and streamlining the government procurement of goods and services. The Directorate General of …
Race to acquire fashion portal Jabong hots up
The race to acquire Jabong is hotting up. Alibaba, Future Group, Flipkart’s unit Myntra and Aditya Birla’s e-commerce venture Abof are among those in negotiations to acquire the online fashion portal, said people with knowledge of the matter. Even Snapdeal is said to be in the fray, b…
Government allows 100% FDI for online grocery startups
In a boost to retailers and grocery startups such as Bigbasket and Grofers, the government on June 20 allowed 100% FDI in food retail, including through e-commerce, provided such items are produced, processed or manufactured in the country. This will allow multi-brand retail giants such as Walmar…
Microsoft launches its online store with Tata CLiQ
Software giant Microsoft on June 13 announced the launch of its online store with Tata CLiQ — the e-commerce portal of the Tata Group — to sell a wide range of Microsoft products including tablets, personal computers, software and phones. “We are expanding our online presence th…
Shopmatic ties up with Aramex
Shopmatic, a homegrown e-commerce SaaS (Software as a Service) company, on May 19 announced a strategic partnership with Aramex, a provider of comprehensive logistics and transportation solutions. The partnership will allow online merchants to deliver their products efficiently and securely, ther…
Cutting influence of big businesses is good, but strengthen SME policies
Narendra Modi’s government is completing its two years and while several things have changed people’s expectations is that more could be done. But what is it that can be done if real change has to happen. What is needed is not always what business particularly big business wants. One thing that h…
Capital float receives ₹170 cr in Series B round
Capital Float, a leading online lender for small businesses, has raised about ₹170 crore ($25 million) in a Series B round led by Creation Investments. Existing investors Aspada, Sequoia India and SAIF Partners participated in this round that valued the company at over $100 million. This is Capit…
Varanasi weavers to be taught skills to sell products online
Coming June, weavers in Prime Minister Narendra Modi’s constituency Varanasi will be taught skills like photography, marketing, packaging and inventory control so that they can sell products directly through e-commerce , as part of a pilot programme. “We are going to do a pilot projec…