Even though small sellers establish a customer base through B2B and B2C platforms, they often get overshadowed and fail to create an identity for themselves
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Tag: MobiKwik
Demonetization: A vice or a virtue for start-ups in India
With the stunning move on the 8th of November by the honorable prime minister of India, everyone, be they in media, social media, domain experts, politicians, business houses and of course the common man became part of the conversation, and a stakeholder in the debate on demonetization. One perti…
How SMEs are benefiting from the internet?
In recent past we have seen a surge in internet penetration in India. The reasons are multiple like the ambitious Digital India program, the reducing cost of internet, increase in reach of smartphones and finally Reliance JIO and others providing internet at lower prices to end users. This surely…
MobiKwik looks to raise Rs 1k cr for expansion
New Delhi: MobiKwik, one of India’s leading mobile-wallet companies, is in advanced talks with about half a dozen lenders and mutual funds to raise as much as Rs 1,000 crore to finance its expansion plans that include the likely acquisition of a rival, three people familiar with the development. …
India’s fintech sector rises to 72 start-ups in last 3 years
Fintech start-ups in the country has seen a large growth in recent times in India. At a time when the government has been aggressively pushing for digital payments and bringing into a formal ID system, increased funding and tax reliefs have pushed such start-ups. There are currently 72 start-ups …
New maternity leave a worry for start-ups
New Delhi: The maternity bill, which allows leave for more than six months from the current three months, has thrown India’s startup community into a tizzy. While some startups hailed the development as a progressive step, many said they cannot afford the cost of hiring somebody, who may be…
Broader market: Small is the new big
At a time when most sectors involved with the digital economy — including e-commerce, ride sharing, food technology — are trying to find stable ground, the booster shot provided by demonetisation to financial technology sector has allowed companies in this area to indulge in expenditure for expan…
Funding freeze puts start-up hiring in cold storage; Up to 50% drop in recruitment
BENGALURU: The prolonged funding winter bearing down on Indian start-ups could leave several companies with bare branches. Hiring at start-ups this year has dropped by 10-50%, according to recruitment companies that hire for start-ups. This is particularly true for e-Commerce, logistics, grocery …
Mobikwik sees spike in merchant enrolment in Tier II, III; registers 3k% growth
Indian mobile wallet major MobiKwik has said that Tier II and Tier III towns are leading the next level of growth in cashless transactions as the steps initiated by the Central Government to promote digital payments in smaller towns are yielding results. States such as Uttar Pradesh, Bihar and Jh…
Budget has clear focus on Digital India, skilling: Start-ups
Hailing the Budget as progressive, unicorns and startups said the proposals have a clear focus on ‘Digital India’ and skilling. The attention to affordable housing and greater employment in rural areas are the right interventions to build a more equitable society, they said. “Th…