Indian eCommerce Sales On A Record High, Reports 55% Jump In Sale Goods
Indian eCommerce sales are on the rise, and during October 15-21 festive sales, Ecommerce companies reported a 55% jump in sale goods to $4.1 billion (Rs 29,000 crore) across platforms.…
Apps In Digital Ledger Segment See Higher Adoption In Small Towns
Due to the availability of cheap data and smartphones, the number of internet users is increasing. As first time users from smaller tier towns and cities come online, tech startups…
BSE Signs Agreement With ICCI To Support Startups, SMEs In Listing
Aimed to support small and medium enterprises (SMEs), startups, and promote their listing on the exchange, Stock exchange BSE has signed an MoU with Inventivepreneur Chamber of Commerce and Industries…
Started With Rs. 2,000, This Hyperlocal Startup ‘Homvery’ Is Now Valued In Crores
In a short period, the need for hyperlocal services in India has grown very rapidly. According to ‘India Hyperlocal Market Outlook 2020’, the hypermarket value in India will exceed Rs…
Shuttl Starts Testing International Market Expansion With Thailand
Shuttl, a mobile app-based office commute bus aggregator, has started testing the overseas market amidst disruption in operations because of the COVID-19 pandemic. First reported by Entrackr, a source gave…
PwC Report Says Media, Entertainment Sector Will Grow Over 10% Till 2024
According to a report by PwC India, the media and entertainment industry is expected to grow at an annual rate of over 10% to reach $55 billion by 2024. In terms…
India May See 10 Startup IPOs In Next 2-3 Years
Ravi Adusumalli, the managing partner at Elevation Capital (formerly known as SAIF Partners) said India could see at least ten internet companies going public in 2-3 years. Elevation’s India portfolio…
Indian Bank Collaborates With IIT-Madras To Fund Startups
To improve the budding Indian startup ecosystem, State-owned Indian Bank, in collaboration with IIT-Madras Incubation Cell (IITMIC), launched an initiative for funding startups. IITMIC, under the initiative ‘IND Spring Board’, will…
Around 43% of Startups, Small Businesses Plan To Hire Women Workforce
As per a recent survey, not a single business reported an increase in the number of female employees in the eight months since the covid-19 outbreak. The survey by community…
ALTBalaji Acquires Stake In Online Celebrity Digital Engagement Platform Tring
ALTBalaji has acquired a 17.5% stake in Tring, the online celebrity digital engagement platform, for an undisclosed amount. ALTBalaji is a wholly-owned subsidiary of Balaji Telefilms Limited. Started by Akshay…