Cabinet committee of Economic affairs approves bundle of project, what does it mean for SMB ecosystem?

The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi took several key decisions on 25 Read...

Quick Commerce Platform Zepto raised $350 million in its latest funding round

Quick commerce platform Ze...

43rd Edition of India International Trade Fair : Vocal for Local, Local to Global

IITF 2024 is being organized by the India Trade Promotion Organisation (ITPO) in Pragati Maidan, New Delhi, from 14 November ...

Swiggy Delivery Partners Ring the Ceremonial Listing Bell at NSE

Swiggy’s 11,300 crore IPO which was subscribed 3.59 times driven by the interest from the institutional investors opene...

Food prices soaring high with WPI index for October stands at 2.36%

Wholesale Price Inflation for October stands at 2.36% as food prices, manufacturing of food products, manufacturing of m...

Controversy to start off COP 29 at Baku

COP-29 starts on Monday 11^th November as the world leader...

US Presidential Election 2024 and what could it mean for India-US trade

Republican Party emerged victorious in the 2024 Presidential election with Former President Donald Trump winning over his Rival Kamala Harris of the Democratic Par...

Climate change could reduce the GDP of Asia and the Pacific by 41% at the end of century

In its first research titled the Asia-Pacific Climate Report<...

E-commerce platform Swiggy to make stock market debut

Swiggy is going public just like its competitor Zomato. It has geared up for its stock market debut on November 6^th. The issue contains 29,64,248 shares wort...

India Continues its Leadership of International Solar Alliance

India was elected President along with France as Vice President in the 7th Assembly of the International Solar Alliance ...

TRAI seeks comments from stakeholders on Network Authorisation

TRAI encourages stakeholders to put their comments on the consultation paper as it wants to ensure that the regulatory framework meets the industry's needs.

...

West Bengal to Receive Assistance from ADB to Improve the Power Distribution System

The Asian Development Bank has approve...

India’s Economic Landscape- Growth, Inequality and the Evolving Perception of Wealth

India is a vast country with a huge demographic dividend with around 68% of the population aged 15 to 64. The tale of India&r...

Subtle Rise in Economic Activity but a Dip is Predicted in GVA in Q2 FY25

The ICRA Business Activity Monitor for September 2024 shows a growth of 7.2% YoY as compared to the 16-month low of 6.1% in A...

Bharat Pe and Nasscom foundation collaborate to empower women entrepreneurs in Maharashtra

India’s leading fintech company Bharat Pe group has partnered with Nasscom Foundation to empower women entrepreneurs ac...

Lendingkart Finance- ICRA Announced Updated ratings for two PTCs

Investment Information and Credit Rating Agency upgraded the Pass-through Certificate Rating f...

India’s Inflation Surges to 5.49% in September, Driven by Rising Food Prices and Fading Base Effect

India’s Consumer Price Index-based inflation jumped to 5.49% in September 2024 compared to 3.65% in August 2024, the fa...

MeitY Startup Hub Partners with Advaita

Ministry of Electronics and Information Technology extended its support to Advaita. Advaita Awards is a celebration of the ex...

Legendary Ratan Tata Passed Away at the Age of 86

“I would love to see the disparity between the rich and poor in India reduced. If you have a billion people tha...

Top private banks see higher deposits growth in Q2

Deposit growth has picked up pace in the Q2FY25. According to the business updates provided by various Read...

Corporate Coercion and Work Pressure: The Fatal Cost of Overwork in India’s Top Firms

Anna Sebastian Perayil, a 26-year-old chartered accountant from Read...

CAIT raise questions over CCI’s investigation of Flipkart and Amazon

Confederation of All India Traders (CAIT) has...

SEBI tightens regulations around F&O trading

The Securities and Exchange Board of India released Read...

SEBI amends delisting regulations

Security and Exchange boards of India have announced significant changes to the Delisting of Equity Shares. This change will ...

Unemployment rate sees no major improvement

The unemployment rate sees no major changes at 3.2% in the year ending in June 2024. Read...

India has achieved high level technical compliance in FATF recommendations

The Financial Action Task Force, (FATF) a global Anti-Money Laundering and Countering Financing of Terrorism (AML & CFT) ...

WazirX is granted a conditional four-month moratorium in Singapore Court

Zettai the parent company of leading Indian crypto trading platform WazirX was granted a four-month conditional moratorium in...

Online ticket aggregator Book My Show files police complaint over third party ticket resale

The official ticketing partner of “Music of the Sphere” concert of the British rock band “Coldplay” h...

Central Government target E-waste reduction with new repairability index for Tech Gadget

The Central Government has constituted a committee to formulate a framework for Read...

1.8 Lakh crores lost by Individual F&O traders in the derivative market

SEBI released a new study on the Read...

India AI Innovation Challenge Launched to Build Impactful AI solutions

The Read...

Govt. expects better growth in Q3 and Q4

Finance Minister Nirmala Sitharaman expressed optimism about India’s economic growth in Q3 and Q4 of 2024-25 due to the...

‘BHASKAR’ digital platform to connect startup ecosystems

The Department of Promotion of Industry and Internal Trade (DPIIT) of the Ministry of Commerce unveiled the applicationRead...

Global Bio-India 2024 Summit concludes in Delhi

The Global Bio- India 2024 summit concluded on 14^th September 2024. This 4^th edition of Bio-India puts ...

Dixon tech signs MOU with HP

Noida-based hardware manufacturer Dixon Technologies has acquired a mega manufacturing contract with American computer...

Bajaj Housing Finance IPO subscribed fully in 4 hours

Bajaj Housing Finance’s 6,560 crore initial public offer (IPO) opened for subscription on Monday 9^th Septemb...

MEITY LAUNCHED 2nd COHORT FOR SAMRIDH

The government of India launched 2^nd cohort of the Startup Accelerators of MeitY for Product Innovation, Developme...

Qualcomm expands Snapdragon X Series

Qualcomm CEO Cristiano Amon announced the expansion of the Snapdragon X series portfolio introducing the Snapdragon X Plus 8-...

Apple plans to introduce its first iPhone Pro models made in India this year

The company is expanding its manufacturing to India in order to diversify outside China.

Read...

Jio Brain, a platform powered by AI, has been introduced by Reliance Industries Limited (RIL)

Its objective is to incorporate AI into commercial procedures. The platform is a component of Jio's plan to increase cust...

TCS broadens collaboration to restructure Primark's IT functions over five years.

TCS will facilitate automation using intelligent automation and DevOps technologies, assisting Primark in implementing a more product-based and agile operating strategy. Leading worldwide clothes r...

Amitesh Jha, named CEO of Swiggy Instamart, the grocery delivery division of Swiggy.

On Thursday, Swiggy, a food and quick commerce platform, announced that Amitesh Jha will take over as CEO of its quick commerce business, Swiggy Instamart, on September 4. Jha, a seasoned e-commerc...

The new metropolis will revolutionize Kerala's industrial landscape, Kerala chief minister

The new metropolis will revolutionize Kerala's industrial landscape, Kerala chief minister.

Kerala Chief Minister Pinarayi Vijayan announced Thursday that the Union Cabinet, a key dec...

Women Own 39% of MSMEs in India – Government Data

39% of micro, small and medium-sized enterprises registered with the MSME Ministry under the revised MSME definition of 2020 ...

CRED Launches Personal Financial Management Platform CRED Money

Fintech firm Cred is launching a new offering called Cred Money for users to manage bank accounts.

<...

Bigbasket Launches SaaS-Based Supply Chain Platform BB Matrix

Bigbasket, a TATA Enterprise has launched BB Matrix. This end-to-end SaaS-based supply chain platform offers complete visibil...

Amazon in Talks to Acquire Swiggy's Instamart to Step Into Quick Commerce Business

Amazon India has approached Swiggy for a potential deal involving its quick commerce business, Instamart, sources told the Ec...

Delhi's DtoC Ecosystem Ignites at SMBConnect’s Bharat DtoC Meetup – Delhi Edition

Bharat DtoC 2024, Delhi Edition, a pioneering event exploring India's burgeoning Direct-to-Consumer (DtoC) landscape, con...

45-day MSME Payment Rule Should be Continued: SME Chamber of India to FM

Industry body SME Chamber of India has urged Finance Minister Nirmala Sitharaman to continue the 45-day MSME payment rule for...

SaaS Startup CaptainBiz Launches Unlimited e-Invoices and e-Way Bills for MSMEs

Software-as-a-service (SaaS) startup CaptainBiz announced unlimited e-invoices and e-way bills for MSMEs to boost the overall...

Vi Business Collaborates with PayU to Provide MSMEs with Digital Payment Solutions

Telecom company Vi’s enterprise arm Vi Business and digital financial services provider PayU on Tuesday announced their...

Roshni Das Promoted to Vice President of Global Marketing at Intel

Roshni Das, who headed Intel as regional chief marketing officer, GM, Asia Pacific and Japan, has been promoted to Vice Presi...

Indian Startups Raise USD 800 Million Funding This Week

About 28 Indian startups have raised USD 800.5 million in funding across 29 deals this week. This represents an increase of 2...

Zepto Raises USD 665 Million Funding Ahead of its IPO Plans

Zepto, the country’s only standalone quick commerce player, has raised USD 665 million in a funding round, doubling its...

AI Startup OrbitShift Raises USD 7 Million in Seed Funding

OrbitShift, an Artificial Intelligence-based enterprise software firm, has raised USD 7 million in a seed funding round led b...

Google Launches Gemini App in India Supporting 9 Indian Languages

Google has launched the Gemini app in India, supporting nine Indian languages. The AI chatbot, which was only available in English, now lets users type or talk in Hindi...

Karnataka Government Extends Five-Year Exemption to Startups from Labor Laws

The State Government has extended the exemption for IT/ITES companies from the provision of the Industrial Employment (Standi...

SBI Launches SME Digital Business Loans for MSMEs Across India

SBI, the country's largest lender, said small business lending will be the "focal point" for growth and profit ...

Deepika Padukone’s D2C Startup 82°E Set to Raise New Capital for Expansion

Bollywood actor Deepika Padukone's direct-to-consumer (D2C) personal care startup 82°E is planning to raise INR 50 crore (around USD 6 million) from both new an...

Commerce Ministry to Seek More Funds to Boost Startup Ecosystem

The commerce and industry ministry may seek more funds for startups in the forthcoming Budget, to be announced by the new gov...

D2C Skincare Brand CHOSEN Raises USD 1.2 Million in Seed Funding

Chennai-based skincare startup CHOSEN has raised USD 1.2 million in a seed funding round from friends and family. This fundin...

Investments in Indian Startups Crosses USD 1.3 Billion Mark in May

Investments in Indian startups reached a new height in May as the total funding influx crossed the USD 1.3 billion threshold....

Gurugram Startup Copartner Launches Platform Providing Daily Free Calls from SEBI Registered Analysts

Copartner, a recently launched platform founded by Saksham Agrawal, is set to transform the way Indian traders navigate the m...

D2C Fashion Brand Libas Secures INR 150 Crore Funding from ICICI Venture

Women clothing brand Libas, which announced securing INR 150 crore funding, aims to double its sales in the next two years to...

Adani Group Plans to Expand into E-commerce and Payment Services

The Adani Group is looking to expand into e-commerce and payment services, business daily Financial Times reported on May 28,...

Indya and FabAlley’s Parent High Street Essentials Secures INR 50 Crore Funding

High Street Essentials, the parent company of women’s fashion brands Indya and FabAlley, has raised INR 50 crore in equ...

Flipkart Launches IRIS to Provide D2C Brands with Customer Behavior Insights

Flipkart, an e-commerce marketplace, has announced the launch of its insights platform, Flipkart IRIS. The platform, which st...

Unicommerce’s UniShip Enables D2C Brands to Improve Post-Purchase Experience

Unicommerce, India’s leading e-commerce enablement SaaS platform announced that its post-shipment journey solution UniS...

Delhivery Reports INR 69 Crore Loss in Q4 FY24 After a Profitable Q3

Logistics company Delhivery posted a loss of INR 68.5 crore in the quarter ended 31 March 2024, down 57% from a loss of INR 1...

Flipkart Plans to Relocate Headquarters to India from Singapore

Consumer giant Flipkart is contemplating relocating its headquarters from Singapore back to India in anticipation of its upco...

Hinduja Group’s IIHL Receives IRDAI’s Approval to Acquire Reliance Capital

Hinduja Group’s IndusInd International Holdings (IIHL) on May 10 received the long-awaited Insurance Regulatory and Dev...

SEBI Mandates Standardized Periodic Social Media Reporting for Investment Advisers

Investment Advisors (IAs) will now need to report details about their social media presence twice a year to a supervisory bod...

India Sees Registration of 185,000 Companies in 2023-24

More than 185,000 companies were registered in the country last fiscal, higher than the count recorded in the year-ago period...

Startup Funding in April Rises 21% on Year to USD 564 Million

New-age startups logged a total funding value of about USD 563.5 million in April 2024, up 21% from the same month a year ago...

UPI Transactions Decline in April

Unified Payment Interface (UPI) transactions fell 0.7% month-on-month in April, data from the National Payments Corporation o...

Government Discusses Cybersecurity & Digital Financial Fraud with Fintechs

The Department of Financial Services (DFS), Ministry of Finance, in collaboration with the Indian Cyber Crime Coordination Ce...

Groww Gets the Go-Ahead to Operate as a Payment Aggregator from RBI

Groww Pay, the UPI payments platform of Fintech unicorn broking firm Groww, has received in-principle authorisation from the ...

NFTFN Secures USD 500,000 in First Phase of its Fundraise Campaign

NFTFN, a fintech entity in the web3 arena, has completed the initial phase of its fundraising, securing USD 500,000 by distributing USD 10 million NFTFN tokens at USD 0...

HDFC Bank Approves INR 60,000 Crore Fund Raise via Debt Instruments for FY25

Mumbai: HDFC Bank’s board of directors, on April 20, approved the annual renewal of long-term bonds and perpetual debt ...

Aditya Birla Capital Creates a Stir by Launching its Omnichannel D2C Platform 'ABCD'

Aditya Birla Capital is targeting to add 30 million new customers in the next three years through a digital platform launched...

ADB Predicts 7% Growth in India’s GDP Growth Forecast

The Asian Development Bank (ADB) on Thursday, April 11 raised India’s GDP growth forecast for the current fiscal to 7% ...

Filter Capital Closes its First Funds at INR 800 Crore

Mumbai: Filter Capital, a technology-focused investment firm, has closed its first fund, Filter Capital India Fund I, with a ...

SingleInterface Raises USD 30 Million in Funding from Asia Partners, PayPal Ventures

New Delhi: SingleInterface, a hyperlocal marketing-to-commerce software player, raised USD 30 million in financing in its fir...

CoinSwitch Parent Launches Stock Broking App, to Compete with Zerodha, Groww

The company PeepalCo, which runs the CoinSwitch brand, announced the release of Lemonn, a new stock investing app, on Tuesday...

India Ranked Third Globally Among Improved Business Destinations: Report

According to an Economist Intelligence Unit (EIU) report, Greece, Qata...

India’s Forex Reserve Reaches an All-Time High with an Increase of $140 Million

India's forex reserves increased by USD 140 million to touch its all-time high of USD 642.631 billion during the week end...

BillDesk Records a 9.6% Jump in FY23 Revenue, Profit Down 5.1%

Mumbai: Fintech firm BillDesk reported a net...

Kotak Mahindra Bank Acquires Sonata Finance for INR 537 crore

Kotak Mahindra Bank has acquired NBFC Sonata Finance Pvt Ltd for INR 537 crore. Sonata is operating in 10 states through 549 ...

Shanghai Cooperation Organisation Start-Up Forum to be Held in India in January’25

New Delhi: The commerce and industry ministr...

Enser Communications Lists at 2.9% Premium to IPO Price on NSE Emerge

Mumbai: Enser Communications Ltd, a provider...

2023 Marks Record Year for Hugo Boss - Targeted Line Improvements in Fiscal Year 2024

HUGO BOSS looks back on its business's performance during the fiscal year 2023. I...

Kalānkit Unveils Exclusive Women's Day Sunglass Covers by Drishti Satsangi Set to Shine

Kalānkit, the brand synonymous with creativity and elegance, is set to make waves this Women's Day with an exclusive cor...

Based in Udaipur, Fashion Brand Beyoung Partners with GoKwik to Increase the COD Reach across the nation and reduce Return loss

Beyoung is a leading brand of fashion recognized for its stylish and budget-friendly clothing range and has signed an allianc...

Geoff Seeley joins PayPal as Chief Marketing Officer

Geoff Seeley, the chief marketing officer of PayPal, an innovative financial technology company, has been appointed. He overs...

The Latest in Startup Funding

Naman Finance, SIDBI invest in space tech startup Digantara

Read...

Japanese's Mizuho Bank acquires 15 pc stake in Credit Saison India for Rs 1,200 crore

Bharat Mandapam is set to host the historic "Startup Mahakumbh" In an extraordinary event of ...

Over 1000 Startups, Investors and Incubators Converge at Startup Mahakumbh for Unprecedented Exchange of Ideas

Bharat Mandapam is set to host the historic "Startup Mahakumbh" In an extraordinary event of ...

Vijay Shekhar Sharma resigns from Paytm Payments Bank board

Vijay Shekhar Sharma has stepped off his position as a part-time non-executive chairman, as well as a board member for Paytm ...

NMTronics and IIT Kanpur Launch Center of Excellence for Electronics Manufacturing at IITK Campus

KANPUR, India. NMTronics India Pvt. Ltd. is a pioneer in providing end-to-end solutions for electronic manufacturing and the ...

Supply disruptions due to risk aversion and the high-interest rates are a skewed advantage for SMEs: Dun & Bradstreet

MUMBAI, India, Feb. 26, 2024. It is the Economy Observer report by Dun & Bradstreet, a major worldwide provider of data f...

Amazon India and GAME ink MoU under Saheli Program ahead of International Women's Day

To encourage women to become digital entrepreneurs from India, Amazon India has joined forces together with the Glo...

Google Pay SoundPod Introduced to help Small Businesses

In response to recent changes in the regulatory environment, Google Pay has launched its Google Pay SoundPod, to improve the ...

The Fintech Giant Razorpay announced to shift of its base to India, eying an IPO soon

RazorPay, one of India's best-known payment platforms, is poised for success and could potentially list on an Indian stoc...

Byju Raveendran under Siege: Karnataka High Court will decide the Fate

The long-awaited EGM Of Byju's conducted on Friday 23rd February 2024. The shareholders voted to remove Byju Raveendran as well as his relatives from Byju's board.Shareholders who opposed C...

Ministry of Food Processing Industries Reaches New Heights in 2023

The food processing industry in India is expanding at a rapid rate The Ministry of Food Processing Industries has implemented remarkable initiatives and reached key mil...

TECH START-UPS QUARTERLY INVESTMENT FACTBOOK Q4 CY2023 by NASSCOM

Tech Start-ups Quarterly Investment Factbook Q4 CY2023” is a Nasscom- Zinnov quarterly funding update on Tech start-ups highlighting key trends and facts about th...

The MSME sector contributes significantly to India's GDP and manufacturing output.

As per government data, the share of MSMEs in GDP grew from 29.7% in 2017-18 to 29.1% in 2021-22. Their contribution to manufacturing output reduced marginally from 37....

The Government e-Marketplace (GeM) has recorded a Gross Merchandise Value (GMV) of Rs 3 lakh crore within 11 months of 2023-24 fiscal year, surpassing last year's GMV of Rs 2 lakh crore.

Conceptualized under PM Modi's vision of 'Minimum Government, Maximum Governance', GeM was launched in 2016 to provide transparent and efficient public proc...

Union Minister of Education, Dharmendra Pradhan, inaugurated the two-day 100 Cube Start-up Conclave at IIT Bhubaneswar's Research and Entrepreneurship Park (REP)

In his address, Pradhan emphasized providing an enabling ecosystem for talented youth with a whole-of-society approach. He stated that initiatives like 100 Cube Odisha ...

LEAD Group Inducts Industry Stalwarts into Its Leadership Team

Mumbai - LEAD Group, India’s leading School Edtech unicorn, has announced that it has appointed seasoned leaders Arvind Singhal and Arpit Jain as Chief Growth Off...

Vijay Shekhar Sharma - PayTM a saga of success and controversies

The problems of fintech Paytm, founded by Vijay Shekhar Sharma, are not going away. Taking tough action against Paytm Payments Bank, the Reserve Bank of India (RBI) has...

Credit Guarantee Fund Trust (CGFT) sets record in FY 2023-24

The financial year 2023-24 was unprecedented for Micro and Small Enterprises (MSEs). Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) has provided a...

UPI is Now Accepted in France

Mumbai/Toulouse, 2nd February 2024: NPCI International Payments Limited (NIPL) in partnership with Lyra, a French leader in securing e-commerce and proximity payments, ...

The interim budget 2024 extends tax benefits for Startup World

1st February, New Delhi. The interim budget for 2024-25 has proposed to extend the tax benefit offered to startups, sovereign and pension funds, and certain investment ...

Tata Power Renewable Energy Limited Lights up Asia’s Largest Tea Estate with Innovative Solar Power Technology

The first-ever installation of on-ground bifacial modules captures sunlight from both sides of the panels, leading to increased energy generation. Generate an estimated...

Vice President Applauds Jammu & Kashmir's Startup Surge: Embracing Biotech Revolution and Entrepreneurial Triumphs

In a resounding address at the Expo on "Emerging Start-Up Trends in North India", the Vice President Shri Jagdeep Dhankhar celebrated the transformative strid...

Dharmendra Pradhan and Yogi Adityanath Unveil Educational Renaissance: Launch 928 PM SHRI Schools in Lucknow

In a historic stride towards transforming the educational landscape, Union Minister for Education and Skill Development & Entrepreneurship, Shri Dharmendra Pradhan,...

NHPC Pioneers Green Energy Revolution: Inks Rs. 4,000 Crore Deal for 750 MW Kuppa Pumped Hydro Storage Project with Gujarat Power Corporation Limited

In a groundbreaking move towards sustainable energy solutions, NHPC, India's premier hydropower company, has taken a giant leap by signing a Memorandum of Understan...

PM Vishwakarma and UAP Propel MSME Growth: Ministry of MSME's Impactful Review 2023

In a significant stride towards bolstering the Micro, Small, and Medium Enterprises (MSME) sector, the Ministry of MSME conducted a comprehensive review for the year 20...

D2C Fashion Boom: India's $100 Billion Market Targets Innovation-Hungry Consumers

India's burgeoning direct-to-consumer (D2C) market, poised to hit $100 billion by 2025, has experienced exponential growth in recent years, fueled by factors such a...

Fueling Growth: India's MSME Sector Attracts Foreign Investments Amidst Robust Government Initiatives

In a bid to boost the Micro, Small, and Medium Enterprises (MSME) sector, the Ministry of MSME in New Delhi highlights its investor-friendly policies, facilitating Fore...

Udyam Registration Portal Soars with 15.5 million Employments, Khadi and Village Industries Lead 'Vocal for Local' Surge

As of December 8, 2023, the Udyam Registration Portal has witnessed a significant milestone, recording a total employment of 15,55,17,930 since July 1, 2020, including ...

Empowering Innovators: India Boosts MSME Sector with Robust R&D Initiatives

In a significant move to catalyze innovation and transform ideas into marketable products, the Government of India has championed Research and Development (R&D) in ...

TOUCH BY D4N5H4X0R

The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) has significantly impacted the Micro and Small Enterprises (MSMEs) landscape by approving and e...