Siftr Labs, founded by former Abode employees Romil Mittal and Mayank Bhagya, launched its junk cleaning app AI powered Magic Cleaner in six Indian languages including Hindi, Marathi, Tamil, Telugu, Kannada and Bengali. The move is part of the company’s strategy to reach out to non-english …
Tag: SME
Egypt organises visits to India, Hungary to learn about SME financing
Small and Medium Enterprises (SME) in the Egyptian Banking Institute (EBI) organised two visits to India and Hungary in May 2016 in order to learn about their experience in financing SMEs. The purpose of the visit to Hungary was to meet heads of units of SME financing in banks in order to identif…
Telangana wants to be the next start-up hub
Pitching as a new start-up haven, India’s youngest state Telangana has been trying to emerge as a base for budding companies in the country. Looking to keep the momentum alive on generating home-grown entrepreneurs, the government is planning an event similar to Prime Minister Narendra Modi…
Patent office issues guidelines for startups
Indian Patent Office has issued guidelines for facilitators and startups with respect to filling and processing of applications for patent, designs and trade marks aiming to encourage budding entrepreneurs and boost innovation. As per the guidelines, a startup willing to file a patent application…
Paytunes raises $500,000 from IAN, CIO Angels
Mobile advertisement platform, PayTunes said it has received a funding of $500,000 from Indian Angel Network. The pre-series A round also saw participation from PayTunes’ existing investor, CIO Angel Network as well as Apurva Parekh from Pidilite and Sanjay Mehta. Vishal Khare and Rajeev Ar…
MSMEs can benefit from producing defence components | Experts
Leveraging the liberalised Defence Production Policy and the offsets clause governing imports of military hardware, Micro, Small and Medium Enterprises (MSMEs) can look at making components for the sector provided they are in it for the long haul and adopt disciplined manufacturing processes, exp…
Frost & Sullivan India ICT Awards recognises Vodafone’s leadership in the enterprise segment
Vodafone Business Services (VBS), the enterprise arm of Vodafone India, claims top honors at the Frost & Sullivan India ICT Awards 2016. VBS won the award for the ‘Enterprise Mobile Service Provider of the Year’ for the sixth year in a row. In addition, it was also the first time that VBS wa…
Bihar tops in MSME registrations using UAM
More than 7.9 lakh MSMEs have registered themselves using Udyog Aadhaar Memorandum (UAM) out of which maximum are from Bihar and minimum from the north eastern states. According to the data available on the UAM website, 794,886 MSMEs have registered themselves through UAM. Out of the total units …
Revamped schemes for Coir Industry
Enthused by rising exports of coir products and to improve ‘ease of doing business’, the Ministry of Medium, Small and Micro Enterprises (MSME) plans to revamp all schemes related to the industry. The revamped schemes, with focus on technology upgradation and incentivising new products for export…
KVIC targets to increase sale of Khadi products by 35%
Encouraged by a 29 per cent jump in the sale of khadi products during 2015-16, the Khadi and Village Industries Commission (KVIC) has set a target of 35 per cent in the current fiscal. “The sale of khadi products has recorded a quantum jump even in the face of economic slowdown and we aim t…