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E-comm concerns: CEO says ONDC a technological solution to prevent mkt concentration

Goyal on Wednesday flagged concerns about the social repercussions of the growing role of e-commerce platforms in the small traders-dominated economyNew Delhi: State-promoted Open Network for Digital Commerce (ONDC) on Thursday pitched as a medium to "prevent market concentration",...

Accel bullish on non-urban markets; sees large cos emerging in e-comm

Accel is also bullish on companies dabbling in edtech, upskilling and recruitment solutions as well as content platforms and consumer companiesNew Delhi: Several large, $1 billion-plus companies will be built over the coming decade, serving promising domains such as...

DPIIT holds consultation on further promoting ease of doing business with industry, other depts

The meeting was aimed at taking inputs on different issues like Jan Vishwas law 2.0, business ready indexNew Delhi: The department for promotion of industry and internal trade (DPIIT) on Wednesday held discussions and sought inputs from industry...

Sportswear brand Technosport raises Rs 175 cr from A91 partners

Technosport plans to use the capital to enhance capabilities, digital brand building, marketing New Delhi: Tiruppur-based sportswear brand Technosport has raised Rs 175 crore from A91 partners, a release by the company said on Friday. With the fresh capital, TechnoSport plans...

Rising frauds propel demand for AI/ML strategies: Experian Study

The study underscores that the future of effective fraud prevention lies in the realm of artificial intelligence (AI) and machine learning (ML) technologies New Delhi: The number of fraudulent activities in India has increased in recent times with almost 64% of...

Velocity launches Rs 300 crore growth fund for SaaS companies

The company has entered into partnerships with leading NBFCs and regulated entities to meet its funding needsNew Delhi: Velocity, a cash flow-based financing platform for new-age businesses, on Wednesday announced a Rs 300 crore growth capital fund for B2B...

Gen AI can add cumulative $1.2-1.5 trillion to India’s GDP by FY30: EY

The anticipated impact entails improvements in workforce productivity, increased operational efficiency, and personalised customer engagement, EY India saidNew Delhi: Generative artificial intelligence (Gen AI) has the potential to add a cumulative $1.2-1.5 trillion to India's Gross Domestic Product over...

ONDC announces Build for Bharat initiative 

The initiative intends to tap into India’s technological and entrepreneurial potential with an expected participation of over 2,00,000 participants representing startups, companies and colleges. New Delhi: Open Network for Digital Commerce (ONDC) has announced a new initiative called ‘Build for Bharat’,...

Swiss-Asia Holding exits ABFRL, sells entire stake for Rs 207 crore

Swiss-Asia through its affiliate Griffin Growth Fund VCC sold the shares of ABFRL on the NSENew Delhi: Financial services company Swiss-Asia Holding Pte on Wednesday offloaded its entire 1.03 per cent stake in Aditya Birla Fashion and Retail Ltd...

The offshoots: 12 startups founded by former Flipkart employees

From fitness to fintech, here are 12 diverse startup businesses founded by individuals who were once part of the Flipkart team Bengaluru: Flipkart is the model success story of an Indian e-commerce startup. The homegrown e-commerce platform Flipkart was founded...
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Latest News

India smartphone market grows 6% to 4.6 cr unit in Q3, Vivo top with 16% share

The market was dominated by Chinese players, with leading brands cornering around72 % market share during the quarter New Delhi:...
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