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Blinkit's quarterly contribution margin turns positive for 1st time: Zomato CEO

Blinkit's quarterly contribution margin turns positive for 1st time: Zomato CEO

Sat, Nov 04, 2023

Zomato CEO Deepinder Goyal said that Blinkit is seeing good product market fit and is growing well in each of the cities that it is present in currently.

Casual puzzle gaming studio QuriousBit, home decor brand DecorTwist, cybersecurity firm Zeron raise funding

Thu, Sep 28, 2023

Casual puzzle gaming studio QuriousBit aims to utilise the funds from this seed round to build innovative games and curate a team for the casual mobile gaming studio.

Enkash expects business to grow by 36% to Rs 250 crore this fiscal

Enkash expects business to grow by 36% to Rs 250 crore this fiscal

Mon, Aug 07, 2023

Fintech firm Enkash expects its business to grow by 36 per cent to USD 30 million, about Rs 250 crore, in this fiscal on account of digitisation in small and medium business in the accounting segment, a senior official of the company said.

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Gruhas Proptech to launch USD 150 million-proptech focused fund

Gruhas Proptech to launch USD 150 million-proptech focused fund

Tue, Dec 21, 2021

Gruhas Proptech, backed by Zerodha promoter and Puzzolana Group, plans to launch a USD 150 million proptech focused fund in the first quarter of next financial year that will invest in incubators, startups and special situations, its officials said.

SecureNow to onboard nearly 50,000 small businesses by March-end

SecureNow to onboard nearly 50,000 small businesses by March-end

Sun, Dec 19, 2021

Tech-enabled insurance broking firm SecureNow, mainly focussed on providing commercial insurances to small and medium enterprises (SMEs), targets to scale up its clientele base to 50,000 by the end of this fiscal and further to 10 lakh in the next three years, the company's co-founder said

HDFC Bank MSME loan book in Tamil Nadu breaches Rs 20,000 cr

HDFC Bank MSME loan book in Tamil Nadu breaches Rs 20,000 cr

Sat, Dec 18, 2021

Private sector HDFC Bank on Friday said the bank's micro, small and medium enterprises loan book for Tamil Nadu crossed Rs 20,000 crore as of September 30, 2021.

Rishabh Jain – Entrepreneur to watch out for in 2022

Rishabh Jain – Entrepreneur to watch out for in 2022

Tue, Dec 14, 2021

An Entrepreneur who is shifting trade to the future – Rishabh Jain, Founder & CEO, Shiftal is our entrepreneur to watch out for in 2022. He was just 20 years old when he first understood the concept of Trading.

LenDenClub raises USD 10 mn in Series-A funding; fresh capital to be used to expand loan book, user base, company says

LenDenClub raises USD 10 mn in Series-A funding; fresh capital to be used to expand loan book, user base, company says

Sat, Dec 11, 2021

P2P lending platform LenDenClub has raised USD 10 million in a Series-A round co-led by a consortium of investors including Tuscan Ventures, Ohm Stock Brokers, Artha Venture Fund, CRED Founder Kunal Shah, and Policybazaar Co-founder Alok Bansal, the company said in a media release

ECLGS helped majority of small businesses sail through financial woes: Survey

ECLGS helped majority of small businesses sail through financial woes: Survey

Thu, Dec 09, 2021

Nearly two-thirds of small businesses believe that the government's Emergency Credit Line Guarantee Scheme (ECLGS) has helped them pass through financial troubles, according to a survey.

Meta to skill 1 crore small businesses, 2,50,000 creators in India

Meta to skill 1 crore small businesses, 2,50,000 creators in India

Wed, Dec 08, 2021

"India's not just the largest country for Facebook, WhatsApp and Instagram, it's also where in many ways, the future of the internet is being shaped. We see this office as an opportunity for us to build a space that does not just house our largest team in the country, but will also be a space that deeply engages with the world outside," Facebook India (Meta) Vice President and Managing Director Ajit Mohan told reporters here.

IT Minister asks bankers to create robust, digital platform for easy credit availability to small businesses

IT Minister asks bankers to create robust, digital platform for easy credit availability to small businesses

Sun, Dec 05, 2021

IT Minister Ashwini Vaishnaw on Sunday exhorted the banking industry to create an innovative digital platform -- as powerful, seamless and robust as UPI -- for providing quick and easy credit to MSME, small businessmen, and those at the bottom of pyramid.

Bootstrapped AppyHigh sees 10-fold jump in users during pandemic; aims 1 billion users by 2026

Bootstrapped AppyHigh sees 10-fold jump in users during pandemic; aims 1 billion users by 2026

Sat, Dec 04, 2021

Mobile internet technology company AppyHigh has seen a 10-fold jump in its Monthly Active Users (MAU) across its ecosystem of apps during the pandemic, the company said.

Microsoft introduces 'Teams Essentials' for small businesses

Microsoft introduces 'Teams Essentials' for small businesses

Thu, Dec 02, 2021

Microsoft has announced a standalone offering to its collaboration platform Teams for small businesses at only $4 per user per month.

Started a new business? Want to raise capital? Top 5 ways to finance your startup

Started a new business? Want to raise capital? Top 5 ways to finance your startup

Tue, Nov 30, 2021

Money is the bloodline of any business.

FinTech startup Slice raises $220 million, becomes India's newest unicorn

FinTech startup Slice raises $220 million, becomes India's newest unicorn

Mon, Nov 29, 2021

FinTech start-up Slice has raised USD 220 million in a Series B round that values the company at over USD one billion, making it India's newest unicorn.

Electric scooter rental startup Bounce partners with Park+ for battery swap infrastructure

Electric scooter rental startup Bounce partners with Park+ for battery swap infrastructure

Sat, Nov 27, 2021

This smart framework will be available at locations like residential societies, key parking spaces, malls, corporate offices, among others, for customers to find the nearest swapping station on their Bounce App or Park+ app, the company said

AI-driven healthcare start-up Intpurple Technologies gets funding from Malta govt

AI-driven healthcare start-up Intpurple Technologies gets funding from Malta govt

Thu, Nov 25, 2021

Malta's economic development agency Malta Enterprise will invest an undisclosed amount in the company for further research and development of their product Felixacare, the company said.

Prevest DenPro announces H1FY22 results

Prevest DenPro announces H1FY22 results

Mon, Nov 22, 2021

The company has reported a total income of Rs. 1,775.42 lakhs during the H1FY22, with PAT of Rs. 535.31 lakhs.

Union Minister Narayan Rane launches Credit Linked Capital Subsidy Scheme for services sector

Union Minister Narayan Rane launches Credit Linked Capital Subsidy Scheme for services sector

Sat, Nov 20, 2021

Union Minister Narayan Rane on Friday launched the Special Credit Linked Capital Subsidy Scheme for the services sector.

Muscle & Strength India eyes to open 100 stores by next year, looks at global expansion

Muscle & Strength India eyes to open 100 stores by next year, looks at global expansion

Fri, Nov 19, 2021

Muscle & Strength India, a leading retailer of fitness supplements and nutritional products, is aiming to expand its business in India and also to enter overseas markets as it sees the demand for the nutritional supplement space rising amid the COVID-19 pandemic.

Innovana Thinklabs Results: PAT zooms over 94% in 1st half of FY22

Innovana Thinklabs Results: PAT zooms over 94% in 1st half of FY22

Fri, Nov 19, 2021

Innovana Thinklabs reported a net profit of Rs. 15.86 crore in the financial year ended on March 31, 2021 with a total income of Rs. 60.6 crore.

Loom Solar reaches milestone of powering 50,000 homes

Loom Solar reaches milestone of powering 50,000 homes

Fri, Nov 19, 2021

Loom Solar on Friday announced reaching the milestone of powering 50,000 homes across the country with its rooftop solar panels.

Adobe taps startup Bolt to add one-click checkouts to commerce sites

Adobe taps startup Bolt to add one-click checkouts to commerce sites

Thu, Nov 18, 2021

Adobe Inc on Thursday said it was partnering with San Francisco-based startup Bolt to add one-click checkouts for retailers that use Adobe`s e-commerce software tools

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