Tag: Reliance Jio

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Airtel launches solution for GST filing

New Delhi: Airtel Business, the enterprise arm of Bharti Airtel has rolled out a solution aimed to help small and medium scale entrepreneurs file their goods and services tax (GST) returns. Called Airtel GST Advantage, its features include a help desk to attend customer querie…

Data-driven lending to help micro, small enterprises: Praveen Hari

Data-driven lending to help micro & small enterprises: iSpirit

Data-driven lending by banks and non-banking financial institutions will help bring formal credit to more individuals and micro, small and medium enterprises, giving the sector an edge over moneylenders, according to research by think tank Indian Software Product Industry Round Table (iSpirt). “W…

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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…

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Funds pouring in for both early & late-stage start-ups

Since 2017, there are as many private equity deals in the start-up space, as much as seed funding deals, according to data by trak.in. While the line between late-stage funding by venture capitals (VCs) and early private equity (PE) investments is blurred, the size of investments have steadily in…

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Cisco betting big on SME sector for growth, to triple customer base to 90k

IT hardware giant Cisco is betting big on India’s Small Medium Enterprises (SMEs) sector for growth. Company is looking to increase its customer base from 30,000 to 90,000 over the next three years. “We have about 30,000 SMEs customer in India and over the next three years we aim to triple this t…

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Indian banks misread the Fintech threat

A payment system is to an economy what plumbing is to houses: The only time people talk about it is when it’s not working. That’s been the case in India since the government’s demonetization decision on Nov. 8.  While that shock gutted commerce, it also upended the payment metho…

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Will Reliance Jio revolutionise the start-up & SME sector in India?

One has to only log on to Twitter or drive past a Reliance store to get a sense of the excitement generated by the Reliance Jio launch. At one point, it seemed to be the only thing Indians were talking about. The promise of fast, affordable Internet access really seems to have struck a chord with…

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Reliance Jio sets aside Rs 5,000 cr fund for startups

Reliance Jio has parked Rs 5,000 crore venture capital fund to help young entrepreneurs in the country build their business. Speaking at Reliance Industries 42nd annual general meeting, Chairman Mukesh Ambani said Reliance Jio’s aim is to build a platform for young Indians who want to creat…