Indian Government To Invest Rs 11.85 Crore In 112 Agritech Startups
To promote a healthy agricultural ecosystem in India, Union Minister for Agriculture Narendra Singh Tomar has announced that the Indian government will fund 112 agritech startups. In the first phase,…
Startups Say Diversification In Multiple Categories Is The Only Way To Bounce Back
With COVID-19 disrupting the global business world, businesses have left with no other options than diversifying into new business segments. And now, to soften the impact of COVID-19 on revenue,…
Ritesh Agarwal Launches Early-stage VC Fund ‘Aroa Ventures’
To provide investments in growth-stage startups in consumer, technology, and leisure infrastructure sectors, Ritesh Agarwal (OYO Founder) has launched an early-stage venture capital fund, Aroa Ventures. Aroa Ventures will invest…
Fintech Startup ‘Niyo’ Acquires Direct Mutual Fund Investment Online Platform ‘Goalwise’
Bengaluru-based fintech startup Niyo has acquired direct mutual fund investment online platform Goalwise. This acquisition of Goalwise by Niyo has been done to expand its product offering to millennials. Niyo…
Flipkart Launches 90-minute Delivery Service Called Flipkart Quick In Bengaluru
To provide hyper-local delivery services to consumers, Flipkart has launched a 90-minute delivery service called Flipkart Quick in Bengaluru. Under Flipkart Quick, services across categories, including grocery, mobiles, electronics, and…
Electric Vehicle Market In India Is Likely To Reach Rs 50,000 Crore Says Latest Report
As per the latest report by Avendus Capital, the electric vehicle (EV) market in India is likely to reach Rs 50,000 crore by 2025. Also, as per the report, the…
India’s SaaS Revenue Reached $3.5 Billion In FY2020, Growing Faster Than Global SaaS Industry
As per NASSCOM’s recent report, India’s SaaS revenue reached $3.5 billion in FY2020. The report also said the India SaaS industry has the potential to reach $13-15 billion by 2025.…
Flipkart Acquires Walmart India’s Wholesale Business, Will Launch ‘Flipkart Wholesale’
To scale its B2B offerings, Flipkart Group acquires Walmart India’s cash-and-carry business that owns the Best Price brand.As per sources, Flipkart will launch its ‘Flipkart Wholesale’ unit next month, starting…
To Help MSMEs, Migrant Workers Omidyar Network India Launches ‘ReSolve Initiative’
To help MSMEs and migrant workers impacted by the COVID-19 pandemic, Omidyar Network India has launched an initiative, ReSolve Initiative. Omidyar Network India said in a statement that through the ‘ReSolve…
Nitin Gadkari Wants Amazon To Help Indian MSMEs Market Products Globally
In a bid to help micro-entrepreneurs, Union MSME Minister Nitin Gadkari urged eCommerce giant Amazon to list products from small businesses separately on its platform and help them market their…