Companies News Retail Tech

Greaves Retail Partners With UGRO Capital To Offer Dealer Financing Solutions

Greaves Retail, the retail unit of Greaves Cotton, a provider of clean mobility and energy solutions in the e3W, ICE 3W, and SCV segments, and UGRO Capital, a DataTech NBFC focused on MSME lending on Thursday announced its partnership to offer financing to dealers. Under this collaboration, UGRO Capital will offer an array of comprehensive […]

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Companies E-commerce & Marketplaces Logistics National News

Amazon’s Partners With India Post And Indian Railways Aim To Boost Ecommerce Growth In India

Amazon on Thursday announced a series of strategic initiatives at the fourth edition of the Amazon Smbhav Summit in New Delhi. The event brought together policy makers, industry leaders, startups, and Amazon executives to discuss ways to unlock the potential of a Digital India. Amazon’s initiatives are in line with its commitment to India’s growth […]

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National News

MSMEs Contributes 30% To India’s GDP

Indian micro, small and medium enterprises (MSMEs) contribute around 30 per cent to India’s gross domestic product (GDP), constitute nearly 40 per cent of total exports and provide employment to about 11 crore people; more than half of them are located in rural India. Despite challenges, the sector is the backbone of the nation’s economy. […]

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News Retail

We Are On The Brink Of Retail Revolution: Vinod Kumar, India SME Forum

Flipkart, India’s homegrown e-commerce brand celebrated the success of its initiatives to support MSMEs, artisans and weavers with initiatives like Flipkart Samarth, a program that aims to contribute to the socio-economic development of communities with a special focus on women and rural entrepreneurs, differently-abled entrepreneurs, artisans and weavers across India while promoting traditional arts and […]

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Companies News

Brick and Byte Secures Rs 100 Mn Debt Financing From Red Fort Capital

Red Fort Capital funds Rs 100 million to Brick and Byte Innovative Products to support their working capital requirements. They are a sheet metal fabricator based in Navi Mumbai, Maharashtra. Their major customers include corporates like Bharat Electronics India, EON Global, Vertiv Energy, Tokheim, and more. Brick and Byte is a 20-year-old manufacturer with expertise […]

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consumer E-commerce & Marketplaces News

Ecommerce In New Bharat: Report Forecasts Consumer Spending To Hit $4 Tn By 2030

Shiprocket, an ecommerce enablement platform, launched a detailed trends report titled “eCommerce in the New Bharat and it’s Future” on Friday at its flagship event Shiprocket SHIVIR 2023 in New Delhi. The report was launched by Shiprocket’s CEO & Co-Founder, Saahil Goel, along with T Koshy, MD, & CEO of ONDC, and Bhaveh Pitroda, CEO, […]

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Companies Government News States

Tata Technologies To Set Up 3 Common Engineering Facilities Centres In Karnataka For MSMEs

Tata Technologies has come forward to set up three Common Engineering Facilities Centres (CEFCs) in the state by investing Rs 2,000 crore, Karnataka minister MB Patil said on Wednesday. Representatives of the leadership team of the company met Minister for Large and Medium Industries MB Patil at Vidhana Sabha on Wednesday and submitted the proposal […]

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E-commerce & Marketplaces Events

Shiprocket to Host Offline Summit To Drive Innovation In Digital Commerce

Shiprocket, an ecommerce enablement platform, on Thursday, announced their flagship event, Shiprocket SHIVIR 2023, an extensive summit that aspires to bring together the ecommerce sector for a comprehensive day-long event focused on education and the transformation of digital commerce in India. This highly anticipated event will bring together India’s pioneers of entrepreneurship, visionaries of Atmanirbhar […]

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Export Government Logistics News

Commerce Ministry, MEA Should Work Together To Achieve India’s Export Targets: Officials

The commerce ministry and external affairs ministry should work together to achieve India’s export targets, said Prafulla Chandra Mishra, Statistical Advisor, Directorate General of Foreign Trade under the Ministry of Commerce and Industry on Wednesday While speaking at an event of PHD Chamber, he said that PM Modi has proposed a 3T strategy focusing on […]

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DealShare To Invest Rs 1,000 Cr In Local And Regional SME Brands

DealShare,  a social ecommerce player, has announced a substantial investment of Rs 1000 crore in local and regional SME brands and its own Private Labels over the next 5 years. The company is looking to invest in 6 states namely Rajasthan, Haryana, Uttar Pradesh, Himachal Pradesh, Gujarat and Maharashtra. DealShare’s core ecommerce portfolio sources goods […]

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