In a social media-centered world people may have so many platforms to voice their opinion, but there are few platforms where opinions can be converted into ground-level action. Bengaluru-based MyVote.Today looks to fill that gap by providing a polling platform on various issues. “We pick up…
Tag: SME
Gujarat e-commerce entry tax will pose challenges | Nasscom
The bill by Gujarat government to levy entry tax on interstate e-commerce transactions will pose significant commercial challenges to all stakeholders, industry body Nasscom said on April 14. “This levy of entry tax poses significant challenges both commercially and operationally for the e…
93% Indians want to be entrepreneurs | Study
According to the Amway Global Entrepreneurship Report (AGER) 2015, India ranks highest among 44 countries worldwide in entrepreneurial spirit: 9 out of 10 Indians show strong desire to be an entrepreneur. “93.6% of Indians show desire to become an entrepreneur. This is way above the average score…
China SMEs plan to invest $1 billion across Indian states
Hoping to give a leg up to the Chinese investments in India, Small and Medium-sized Enterprises (SMEs) from China are planning to invest $1 billion across various states in sectors ranging from telecommunications to electrical equipment to appliance manufacturing and machinery as part of Presiden…
KredX raises $750,000 from Prime Venture Partners
Invoice-discounting platform, KredX has raised $750,000 from Prime Venture Partners. Founded in 2015 by Manish Kumar, Anurag Jain, and Puneet Agarwal, KredX helps Micro Small and Medium Enterprises (MSMEs) looking for working capital, connect with individual financiers. It enables growth of MSMEs…
India to support mutual cooperation among IORA members
India has called for advancing mutual cooperation among members of the Indian Ocean Rim Association (IORA) for joint marketing, transfer of technology and forming joint ventures to enable small and medium enterprises to cater to the markets in grouping. “India’s vision for the Indian …
Lithuanian start-up may ease India’s traffic
Lithuanian start-up TRAFI, which offers a public transport app to help people plan their journey, is entering the Indian market. The firm said it aims to ease India’s traffic woes by using real time data, scientific algorithms and machine learning, which gives computers the ability to learn witho…
Start-ups eye car servicing, spare parts retailing business
To tap the growing market of out-of-warranty/second-hand cars, start-ups are getting active in the car servicing and spare parts retailing space. These new players are also tying up with manufacturers to sell original spare parts. These start-ups use technology to form a marketplace that will con…
V-Cats to hold road-show for start-ups
Seed investor and start-up accelerator Venture Catalysts (V-cats) plans to conduct a road-show for start-ups looking to raise pre-Series or Series A funding. ,This will be similar to those held by companies that plan to go for an IPO (Initial Public Offering). At the May 18-19 VC Roadshow, which …
Tata Capital ties up with Biz2Credit to lend to SMEs
Tata Capital, the financial services company of the Tata Group, has tied up with Biz2Credit, an online resource for small business finance, to lend to small- and mid-sized companies. According to a press release, Tata Capital will use the acquisition channels on Biz2Credit’s small business lendin…