Technology major SAP plans to digitise 1 lakh companies in India as it believes an increasing number of small businesses will have to comply with the new tax era. The company, however, did not give a timeline by which it plans to achieve this number. This development comes close on the heels of G…
Tag: SAP
For IT industry, GST roll-out a $1 b business
The Indian IT industry is chasing a $1 billion opportunity with the advent of the GST regime, at a time when the sector is going through a bad patch with a slowing demand environment. Industry observers feel that the GST roll-out will provide the sector an opportunity akin to the Y2K phenomenon, …
With $40 mn revenues in 2016, Deskera looks to build perfect ERP SaaS platform for Asian SMBs
So begins Shashank Dixit, founder of global ERP (Enterprise Resource Planning) solutions platform, Deskera. The company was formally founded in 2008 and has been in operation since 2005 when Shashank and the three co-founders Somesh Misra, Brajesh Sachan, and Paritosh Mahana ran the venture from …
SAP banks on start-ups for tech disruption; More than doubles list for India
Mumbai: SAP, Europe’s largest technology company, will on board 16 startups for its accelerator programme in India this year against seven last year, as it increasingly banks on artificial intelligence, machine learning and internet of things to push ahead with its global transformation in …
Bangalore to host start-up festival
Bangalore: In a bid to put Bangalore amongst the top 10 startup places in the world, The Indus Entrepreneur (TiE) is organising a four-day Startup Festival in the city starting April 6. TiE is a non-profit global network of entrepreneurs and professionals dedicated to fostering entrepreneurship. …
Aligning with Union Budget 2017, SAP launches SAP S/4HANA private cloud enabling midsized companies to go digital
Aligning to the Union Budget 2017, SAP SE (NYSE: SAP) today announced the launch of SAP S/4HANA Private Cloud, the next generation business suite tailored for midsize companies, which will be available at a simple and affordable subscription pricing. With increased impetus for digital, cashless t…
CII to hold bootcamps to support start-ups
Realising the need to encourage start-ups in a big way, Confederation of Indian Industry (CII), Southern Region has decided to hold bootcamps at select educational institutes and offer handholding to those launching startups. “We will encourage out-of-the box ideas, research and innovation on the…
SirionLabs secures $12.25 million in Series-B funding led by Sequoia India
SirionLabs, the supplier management technology products startup, has secured $12.25 million (approx. Rs 81.5 crore) in a Series-B fund raising led by existing investor Sequoia India with participation from QualGro Asean Fund and Canopy Ventures. The funds will be used to support expansion and R&a…