New Delhi: CouponClue is a new Gujarati start-up that has recently emerged as one of the leading coupons site in India. India’s online coupons market is one of the most competitive niches in the country’s ecommerce sector. Like other companies in this space, CouponClue competes for th…
Tag: Snapdeal
Snapdeal makes way for Japanese SMEs; Partners with JETRO
As Snapdeal reels under heavy operational crisis, the company is now eyeing to expand its International brand portfolio. As a result of those ambitions, the company will now sell consumer products of various SME brands from Japan via a fresh partnership with Japan Trade Organization (JETRO). The…
SMEs churning more revenues from exports through social media, technology: Report
Mumbai: Exporting revenue accounts for the majority of the total revenue for SMEs, a study by logistics and supply chain management giant, FedEx, revealed. In a study titled, “Global Trade in the Digital economy: Opportunities for Small Businesses”, FedEx states that 69% of Small and …
Broader market: Small is the new big
At a time when most sectors involved with the digital economy — including e-commerce, ride sharing, food technology — are trying to find stable ground, the booster shot provided by demonetisation to financial technology sector has allowed companies in this area to indulge in expenditure for expan…
Digital start-ups get together to engage better with policymakers
Bengaluru: A handful of bitcoin startups, led by Zebpay’s Saurabh Agrawal, had been talking for a while about reviving their defunct industry group. It finally took a Central bank warning notice that resurfaced in February after four years to kick them into action. The Digital Asset and Blockchai…
Bleeding start-ups stare at a harsh summer; Hand out pink slips to hundreds
The Indian start-up sector is bracing for more job losses as some half-a-dozen midsized companies issue layoff notices to hundreds of employees in a bid to trim costs and conserve cash in what portends to be a harsh summer for an industry struggling to deal with the effects of fast-paced growth. …
Oyo in talks with SoftBank for upto $500 mn raise, eyes unicorn club
Mumbai: Budget hotel aggregator Oyo Rooms is in talks with Japan’s SoftBank -an existing investor -for a $500million round of financing, which is expected to catapult it into the so-called unicorn club, comprising tech startups that are valued at $1 billion or more, according to three peopl…
Capital Float to disburse Rs5k cr in SME loans in FY18
New Delhi: SME lending platform, Capital Float, disbursed Rs1,000 crore in loans during the 10 months ended January 2017, and it expects to disburse Rs5,000 crore in the next one year, said top executives of the company. Bengaluru-based Capital Float is introducing more loan products, increasing …
Funding freeze puts start-up hiring in cold storage; Up to 50% drop in recruitment
BENGALURU: The prolonged funding winter bearing down on Indian start-ups could leave several companies with bare branches. Hiring at start-ups this year has dropped by 10-50%, according to recruitment companies that hire for start-ups. This is particularly true for e-Commerce, logistics, grocery …
Ratan Tata to resume investing in start-ups
Tata Sons interim chairman Ratan Tata has said he would go back to investing in startups this month after handing over the reins of the Tata group to N Chandrasekaran, Managing Director and chief executive of Tata Consultancy Services (TCS), who will formally take over on 23 February. After retir…