Paytm has introduced Hindi interface on its seller app to expand seller base in tier-II and III cities. The interface will also help the marketplace scale-up its online-to-offline business for shipping large appliances and electronics beyond the current base of 10 cities. “The top-10 cities…
Tag: Snapdeal
Snapdeal assists capital needs of 1,200 SMBs with Rs 300 crore
Snapdeal’s Capital Assist programme has reached out to 1,200 small and medium-sized enterprises across 300 cities in the country and disbursed loans of around Rs 300 crore till date. The e-tailer has tied up with 25 financial institutions under its Capital Assist programme, which includes HDFC Ba…
A new app for choosing gifts
From shopping to hiring a cab, from ordering food to addressing your grievances, today, there is an app for almost everything. Similarly, in the gifting space you have apps, but most fail to solve problems around what to gift, how to gift and in short -making gifts more relevant. “We carrie…
Amazon India-Capital First tie-up to offer loans to SMEs
Much on the lines of its competitors, e-commerce giant Amazon Seller Services on February 8 launched a seller lending programme in India, enabling small & medium businesses on its platform to get working capital loans ranging from Rs 5 lakh to Rs 2 crore. Amazon has partnered with Capital Fir…
Net Neutrality: TRAI order gives start-ups premium relief
The Telecom Regulatory Authority of India (TRAI)’s ruling on differential pricing has come as a relief for start-ups, especially the smaller ones. Many had feared paying a premium to stay relevant if the regulator had not put to rest the controversy of differential pricing by imposing a heavy pen…
Ratan Tata, US varsity to invest in Indian Start-ups
The private company of Tata Group doyen Ratan Tata will jointly invest with the $100-billion investment arm of the University of California, in start-ups and companies in India that focus on the segments of mobile telephony, energy, health care and emerging technologies. The investment cycle woul…
China bet big on India’s Digital Startups
The drought is turning into a deluge. For years, Chinese investment in India remained a trickle — $1.2 billion between 2000 and September 2015, which was only 0.47% of the total Foreign Direct Investment inflow. While China became India’s largest trading partner in 2008, investment flow fro…
Firstcry becomes Ratan Tata’s fourth investment in 2016
Ratan Tata has invested an undisclosed amount in baby and maternity products retailer FirstCry, marking his fourth investment since the start of 2016. FirstCry, which is owned by BrainBees Solutions, follows an omni-channel strategy of selling both through online and offline stores. “The id…
SBI partners with Snapdeal to launch e-platform for SMEs
Country’s largest lender State Bank of India on January 15 announced launch of SBI e-Smart SME to offer easy working capital to online e-commerce players. Country’s largest lender State Bank of India today announced launch of SBI e-Smart SME to offer easy working capital to online e-commerc…
Leveraging technology to encourage children to play
MadRat Games, a gaming startup backed by the founders of Flipkart and Snapdeal, has developed an interactive suit designed to encourage children to venture out and play even within the restrictive confines of housing complexes. The SuperSuit, which will be launched at the Consumer Electronics Sho…