Udaan.com, a business-to-business online marketplace, on November 22 said it has raised $10 million in series A funding from venture capital firm Lightspeed Venture Partners India and Lightspeed US. Udaan was launched earlier this year by Sujeet Kumar, Vaibhav Gupta and Amod Malviya, former senio…
Tag: LOGISTICS
Payroll outsourcing will bring huge relief to small business owners | Husys CMD G R Reddy
Running a small business is a stiff challenge given the constant pressure on funds, technology and manpower. The human resource function is yet to evolve in majority of small businesses. But a window of opportunity has come about with the advent of specialised talent management companies focused …
Scorpion Express partners with LogiNext, deploying its technology to optimize operations
Continuing to disrupt the logistics space with their advanced technology, powered by Big Data Analytics and Internet of Things, PayTM backed LogiNext deployed its technology solutions to aid one of the largest 3PL company of India, Scorpion Express Pvt. Ltd., founded in 2000, under the flagship o…
Snapdeal invested $300mn in supply chain, logistics in 18 mnths
E-commerce major Snapdeal has pumped in $300 million (about Rs 1,990 crore) over the last 18 months to strengthen its supply chain and logistics and facilitate the increase in shipment volumes. The city-based firm has seen 1.9 times increase in shipment volumes from 1.29 lakh daily shipments last…
Haryana formulates scheme for e-Commerce linkages of MSMEs
Haryana Government has formulated a scheme for e-Commerce linkages of Micro, Small and Medium Enterprises (MSMEs) for online trading and brand building of their products. The scheme is primarily focused on increasing quality, industrial output and employment generation through incubation of e-com…
Domestic e-Commerce market may grow to $102 billion by 2020
The domestic e-Commerce (B2C) market could grow to almost $102 billion by 2020 from $16 billion in 2015, according to the latest report by the Confederation of Indian Industry (CII) and consultancy firm Deloitte. The number of online shoppers could rise to 220 million by 2020 from 39 million in 2…
Agarwal Packers demands tax sops for logistics in budget
Logistics major Agarwal Packers & Movers has sought a set of tax sops to take India’s logistics to $300 billion business by 2020, a critical industry to push Prime Minister Narendra Modi’s ambitious Make in India plan and job creating MSME sector. Giving a long wish list to Finance Ministry, …
SMEs call for enabling policy to empower e-commerce sector
Small and Medium Enterprises (SMEs) have asked the government to form a friendly policy to liberalise the e-commerce sector. These retailers, who are selling products on e-commerce platforms, want government to treat their virtual shops as technology platform. Recently in a letter to Commerce and…
Exclusive | Key to SME growth is ease of doing business | A Didar Singh, Secretary General, FICCI
Big business chambers have traditionally focused on serving interests of big business. But at India’s leading apex chamber, the Federation of Indian Chambers of Commerce and Industry (FICCI), the small enterprises are no less important given their mammoth contribution to the national income. Cham…
Budget 2016 should facilitate business friendly Tax Admin | Dr A. Didar Singh, Secretary General, FICCI
In a candid conversation with SMEpost.com Editor K R Sudhaman, FICCI Secretary General Dr A. Didar Singh expressed that the forthcoming budget should strive to create an eco system wherein tax administration is more structured and conducive to business. This actually impacts SMEs more than anybod…