Fund of Funds for Start-ups (FFS) launched by the government in 2016, facilitates the funding needs for start-ups. Although this SIDBI-managed fund is primarily focused on early-stage funding for young enterprises, as many as eighteen FFS’s start-up firms have already achieved unicorn status. The CRISIL report highlights the encouraging overall...
Cross border payments continue to hold certain challenges, making it difficult for medium to small size enterprise to expand their business foothold internationally. Complication in global payments persist due to different financial systems in different nations which are often incompatible with one another. Local transactions include simple alternatives such as...
The interior design segment for commercial spaces in India has witnessed a transformative evolution, marked by innovation and adaptability. The growth is attributed to factors such as robust hiring, expansion of startups, and an evolving entrepreneurial landscape. Kunal Sharma, Founder and CEO, Flipspaces, spoke with India Business and Trade on...
SaaS-based businesses with a focus on loan recovery are essential for tackling the particular difficulties faced by the Indian market. By reducing defaults and maximising resource use, their technologically advanced solutions not only increase the effectiveness of loan recovery procedures but also strengthen the financial stability of lending institutions. India...
Profound technological transformations in the past decade, particularly in fintech, have been driven by innovations such as IoT, blockchain, AI, and machine learning. This further highlights the diverse scope of fintech, spanning categories like payments, lending, insurance, and digital identity. Fintech startups may act as catalysts reshaping the financial landscape...
Developing and providing innovative technology solutions can significantly impact various industries. Technology-driven businesses can create software, hardware, or services that enhance the efficiency and productivity of sectors like manufacturing, agriculture, healthcare, and finance. India Business and Trade spoke with Liz Thomas, Director, RoadE Labs Pvt. Limited on how predictive analysis...
Amid the rapidly evolving business landscape, the importance of Regulation Technologies, commonly referred to as RegTech, cannot be overstated. RegTech encompasses a wide range of technological solutions designed to streamline and optimize regulatory compliance processes. These innovative tools provide companies with the means to not only navigate the complex web...
In the dynamic landscape of consumer technology in India, the first half of 2023 has brought about a noteworthy shift. Even though there has been a minor 4% decrease in smartphone sales, their worth has risen by an impressive 12%. This implies that consumers are gravitating towards high-end devices. What’s...
Since its invention in the 1940s, barcode scanning technology has seen a tremendous evolution. Recent developments in machine learning (ML) and artificial intelligence (AI) have been integrated into barcode scanning technology. Particularly in situations where barcodes are broken or partially hidden, these technologies help to increase identification accuracy. JP Mishra...
With a low-to-moderate risk of business disruption; moderate-to-high stability of financial environment; and a high-to-moderate regulatory environment, these tier 2 cities are rapidly turning into new IT hubs or technology hubs for a large number of tech companies in the country. Many tier 2 cities of India dole out a...
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