A clutch of business-to-business e-commerce players are seeking to attract more business by helping Small and Medium Enterprises (SMEs) address the issue of recruitment. Ahmedabad-based startup Tradohub, an end-to-end supplier for SMEs, is one such company. It has tied up with local human resourc…
Tag: Infosys
Karnataka plans Skill Development Ministry
To address growing concerns arising from automation, the Karnataka government is planning to set up a Ministry for Skill Development. Addressing a gathering of corporates at CII’s (Confederation of Indian Industry) 12th India Innovation Summit, RV Deshpande, Minister for Large and Medium Industri…
Nilekani invests in e-commerce startup 10i commerce services
Infosys Co-Founder Nandan Nilekani has put his weight behind an ecommerce startup for the first time, backing a venture that seeks to help small traditional shops fight online and organised retailers with the use of technology. After operating quietly for over a year, Bengaluru-based 10i Commerce…
Naidu lays foundation stone for MSME technology centre
Andhra Pradesh Chief Minister N Chandrababu Naidu laid the foundation stone for an MSME technology centre near here under a World Bank-funded programme. He said he has been visiting various countries to get investments so that Andhra Pradesh is able to compete with other states in the field of in…
SIDBI readies money for more startup funds
The Small Industries Development Bank of India (Sidbi) is set to review ten proposals from alternative investment funds seeking a commitment of Rs 675 crore from the Fund of Funds for Startups (FFS) announced by PM Modi in the Startup India Action Plan. Sidbi’s Venture Capital Investment Co…
Amazon reaches the cloud to shower start-ups with data
One of the world’s biggest providers of cloud computing services in the world, Amazon Web Services (AWS), launched two data centres in Mumbai on June 28. The new AWS Mumbai Region consists of two separate Availability Zones, data centres in distinct locations within a single region that can funct…
Infosys partners with MTDC to open a tourism pavilion at its Pune Development Center
Infosys announced the inauguration of Maharashtra Tourism Development Corporation’s (MTDC) Tourism Pavilion at its Pune Development Center (DC). The company has partnered with MTDC with the objective of promoting tourism and cultural understanding of Maharashtra amongst its employees in Pune. The…
Indian Angel Network tops list of start-up funders
Seed and early-stage funding by angel investors has been the lifeline to entrepreneurs to start their ventures. And, leading the list of top 10 angel investors is Indian Angel Network (IAN), an early mover in the sector. Since January 1, 2011, IAN has done 61 investments followed by Mumbai Angels…
JM financial acquires 9.84% in p2p lending startup Fairassets
Close on the heels of Reserve Bank of India’s move to bring the nascent peer-to-peer (P2P) lending under regulation, financial services firm JM Financial has acquired 9.84% stake in P2P lending start-up Fairassets Technologies through one of its subsidiaries. All five existing investors of …
Infosys Co-Founder Nandan Nilekani invests in RailYatri
Infosys Co-Founder Nandan Nilekani has invested an undisclosed amount in train travel app, RailYatri.in. In addition to the Former UIDAI Chairman, RailYatri’s existing investors Helion Ventures, Omidyar Networks and Blume Ventures have participated in this round, RailYatri said in a stateme…