Ruchir Modi’s wellness startup Puro Wellness has raised Rs 250 crore from Torrent — the holding company of Gujarat-based conglomerate Torrent Group — in its pre-revenue stage. As per some investment banking executives, Torrent has taken a significant stake in Puro Wellness, which aims to de…
Tag: Working capital
Exempt exporters from indirect taxes in GST: EEPC
Exporters have urged the government to exempt them from all domestic indirect taxes while rolling out the Goods and Services Tax to make them more competitive in the global market. TS Bhasin, Chairman, Engineering Export Promotion Council of India, said while GST will be a major reform , exporter…
Digital lending platforms ease fund raising at SMEs
The Small and Medium Enterprises are the spine of economic development in any country and more so in India as we have a huge population to be served. They employ more than 106 million workers, according to government statistics, in a country that brings a million new workers into the workforce ev…