SMBs News

Flipkart isn’t going to charge storage fees. It has also extended the window for the Seller Protection Fund (SPF). Flipkart might introduce more measure to help its seller-partners.

The loans would be for tenors of up to three years. Banks are being incentivised for quick delivery of credit under the scheme. Banks may deliver these loans to borrowers directly or through intermediary financial entities.

Amazon India has over 8.5 lakh sellers on its platform. The company said it is also taking steps across the board to mitigate any negative impact on sellers' performance metrics due to defaults caused by the pandemic and the resulting restrictions, on the sellers' account health. The record number of COVID-19 cases daily in the second wave has stretched the healthcare infrastructure of the country.

This could be based on the scheme being operated by the Uttar Pradesh government for traders.

A new web destination attempts to capture the digital revolution that is unfolding in India, where small and medium businesses (SMBs), especially technology startups, are starting to bloom and investments have led to an explosion in the tech sector in recent years, a senior official of internet search giant Google said on Wednesday.

The initiative is designed to help small medium businesses get first hand information from Google in a format that will encourage SMBs to share their challenges and learn directly from Google experts.

Launched in July, Shopo is a mobile-only platform, which aims to bring small and medium businesses (SMBs) that cannot register on bigger e-commerce portals.

Small and medium businesses (SMBs) in India using cloud and mobile tools can expect annual revenue growth of up to 27 percent, a study by Google and Deloitte said Wednesday.

Snapdeal had acquired Shopo in mid-2013 for an undisclosed amount.

About 15 lakh small and medium businesses from India are using Facebook to reach out to customers, the social networking giant said Wednesday.

Microsoft has rolled out a new cloud adoption programme for small and medium businesses (SMBs) in India, a company statement said here on Tuesday.

This initiative aims to showcase and celebrate local small medium businesses that have embraced the internet to grow their business.

Tablet PC sales grew by 76 percent as against a triple-digit growth in the last two years. Sales in 2013-14 stood at 3.35 million units as against 1.9 million units.

Adobe, known for softwares like Photoshop and Reader, today said India ranks among its fastest growing regions with strong growth coming across segments, especially small and medium-sized businesses (SMBs).