In an interview to Shilpy Sinha, V Vaidyanathan , chairman of non-banking finance company, Capital First, said Capital First exercises great diligence in lending, but the method of lending is different from traditional ways. Edited excerpts: Q: A large part of your portfolio comprises SMEs, which…
Tag: GIC
Online marketplace shopclues drops regional operations, eyes cities for growth
Online marketplace ShopClues is looking to expand its seller base and make intra-zonal shipments the norm to speed up deliveries and reduce logistics cost, a move that comes at a time when etailers are seeking to fulfill orders faster than their competitors as discounts take a back seat. “W…
Shopclues opens up its bulk factory for consumers
ShopClues, a managed marketplace has announced the launch of its Bulk Factory campaign for businesses and consumers alike. Shoppers can now buy products from a wide range of categories in larger quantities to avail wholesale rates starting from Rs 51 only. Last year, ShopClues had launched the &#…
PEs,VCs invest Rs 843 crore in Bengal start-ups
Over Rs 843 crore have been invested by private equity firms, angel funds, start-ups, venture capitalists and others after Mamta Banerjee’s government came to power in West Bengal, said the state Finance and Industry Minister Dr Amit Mitra at an ASSOCHAM-IACC event held in Kolkata. “We have cross…