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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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GST Impact: Small business owners feel jittery over e-way bill, sales tax rule

GST Impact: Small business owners feel jittery over e-way bill, sales tax rule

Tue, Jun 13, 2017

To protect interests of small businesses with the government's introduction of e-way bill and sales rule in the upcoming GST, industry owners have urged the GST Council for relaxed procedures and revised policies before it rolls out the new tax from July 1 this year.

GST will help in e-commerce export, but clarity on policy needed: Stakeholders

GST will help in e-commerce export, but clarity on policy needed: Stakeholders

Mon, Jun 12, 2017

A few players in the e-commerce sector feel that under the current foreign trade policy, there is a "lack of clarity" in terms of e-commerce exports.

Paytm begins charging 2% for adding money to wallet but here's how you can get that money back

Paytm begins charging 2% for adding money to wallet but here's how you can get that money back

Thu, Mar 09, 2017

India's leading e-wallet company brand Paytm on March 8 said that it will begin charging customers 2% fee if they transfer money to their Paytm wallets using credit cards.

2017 to be a better year for Indian startups: Qualcomm Ventures

2017 to be a better year for Indian startups: Qualcomm Ventures

Sun, Feb 26, 2017

"2016 was the hardest year, and that is behind us. 2017 will be a better year. There was a crunch in investment dollars, especially Series C and Series D investments," Varsha Tagare, senior director, Qualcomm Ventures India told PTI.

Modi-led government transformed the Indian industry outlook by Make In India, Digital India, Standup India and Startup India

Modi-led government transformed the Indian industry outlook by Make In India, Digital India, Standup India and Startup India

Fri, Jan 27, 2017

“Modi-led government transformed the Indian industry outlook by initiating multiple programs.

After Sushma Swaraj's stern warning, Amazon removes offensive Indian flag doormats from its site

After Sushma Swaraj's stern warning, Amazon removes offensive Indian flag doormats from its site

Thu, Jan 12, 2017

After strong protest by India over Amazon selling doormats depicting Indian flag, the e-retail giant today removed the offensive article from its Canadian website.

PropTiger.com and Housing.com announce merger; Jason Kothari to exit

PropTiger.com and Housing.com announce merger; Jason Kothari to exit

Tue, Jan 10, 2017

KEY HIGHLIGHTS:

Sebi relaxes rules for angel funds to boost startup funding

Sebi relaxes rules for angel funds to boost startup funding

Thu, Jan 05, 2017

To give a fillip to startup funding, markets regulator Sebi has relaxed its rules for investment by angel funds, including allowing them to invest in up to five-year old entities.

RBI's Financial Stability Report: Special efforts for SMEs underway

RBI's Financial Stability Report: Special efforts for SMEs underway

Thu, Dec 29, 2016

Reserve Bank of India released its Financial Stability Report (FSR) December 2016.

Are you an SME? We explain how to take advantage of income tax on digital turnover

Are you an SME? We explain how to take advantage of income tax on digital turnover

Wed, Dec 21, 2016

Earlier this week, finance ministry had rolled out a benefit of lower income tax rate, under section 44AD, for small businesses with turnovers up to Rs 2 crore if it were in digital/banking transactions.

We were trying to create conversations around dating, says Tinder India CEO

We were trying to create conversations around dating, says Tinder India CEO

Sun, Oct 09, 2016

The global hysteria surrounding dating-app Tinder is not lost on anyone. So much so, that 'Swipe right' is now a verb. The phenomenon did not leave Indians untouched and Tinder set up its office in India in January this year and hired Taru Kapoor as CEO Tinder India.

E-tailers make merry with October bumper sales

E-tailers make merry with October bumper sales

Fri, Oct 07, 2016

E-commerce companies like Amazon, Flipkart and Snapdeal may have hit a jackpot with their mega-sales in October.

Would RBI's fundraising norm relaxation help start-ups?

Would RBI's fundraising norm relaxation help start-ups?

Wed, Oct 05, 2016

“Anything that increases the availability of capital to young companies is a good thing. Startups need oxygen in the form of capital and talent so the move, if it doesn't have lots of bureaucratic hurdles, seems to help on the capital side,” said Anand Sanwal CEO of CB Insights a venture capital and angel investment database research firm.

Wells Fargo account scandal extends to small business: US senator

Wells Fargo account scandal extends to small business: US senator

Wed, Oct 05, 2016

The scandal over improper sales practices at Wells Fargo & Co extended to thousands of small-business owners, according to a US lawmaker, raising questions about the scope the bank's issues with unauthorised accounts.

Amendment to Companies Act to ease fund flow to MSMEs: FM Jaitley

Amendment to Companies Act to ease fund flow to MSMEs: FM Jaitley

Thu, Aug 11, 2016

"The Companies Act passed in 2013, there were provisions like related party transactions, which resulted difficulties for MSME sector. The amendment to the Act is before Parliament and it is considering that Amendment Bill. Despite this, the sector is growing," he said.

Jaitley to launch MSME databank, finance facilitation centres

Jaitley to launch MSME databank, finance facilitation centres

Wed, Aug 10, 2016

"Through the databank, we shall carry out a census of MSMEs online for the first time. The move to go online will help save money as the previous census conducted in 2008 cost Rs 50 crore, whereas this one is expected to be completed in just around Rs 1 crore," MSME Secretary K K Jalan told PTI.

Here's what Facebook is doing to boost SME sales

Here's what Facebook is doing to boost SME sales

Wed, Aug 03, 2016

Facebook Inc will allow small businesses in emerging markets sell to customers for free through their Facebook pages, the social media company said on Wednesday, marking a new effort to build up potential advertisers in its fastest-growing regions.

Flipkart's Myntra buys Jabong for $70 million

Flipkart's Myntra buys Jabong for $70 million

Tue, Jul 26, 2016

Fashion portal Myntra, owned by India's alrgest online retailer Flipkart has bought beleagured online merchendise retailer Jabong.

World Burger Tour 2016 to soothe Indian palate

World Burger Tour 2016 to soothe Indian palate

Tue, May 31, 2016

If you ove burgers, then you are in for a treat as the yummy World Burger Tour 2016 with legendary burgers from around the world, is back in India.

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