Business – Page 722 – THE ECONOMIC INDIA

09 Apr

How a startup reached 100 crores annual revenue in just 3 years? #StartupIndia

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New Delhi (India), April 9: In the past few years, start-ups have been growing exponentially. In 2021, there were over 50000 new start-ups in the India alone. A lot of these companies are making an impact on the world with their products and services. Along with many such problems that other startups are solving, in a country like India, where the banking penetration is still low, there are many people who can’t access financial services easily. The Indian government has been trying to address this issue by introducing new schemes and policies. However, it is difficult for the government to…

09 Apr

JanMitr Felicitates Arrival of Shri Shital Tiwari, the Last Witness of Indian National Army (INA)

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New Delhi [India], April 9: Mr Shital Tiwari, aged 96 years and the only living veteran from Thailand of Indian National Army (INA, formed by Netaji Subhash Chandra Bose, arrived in New Delhi from his home in Bangkok, Thailand today evening for a 10 days visit to India. The visit is being organized and hosted by JanMitr, a Project for welfare and development of rural community with a view to make them employable and self-reliant entrepreneurs. Mr Shital Tiwari’s father Mr Baiyanath Tiwari donated his land of over 20 acres in Chonubari Province of Thailand to Netaji Subhash Chandra Bose…

09 Apr

Ace Capital organises the world’s first block chain and crypto summit powered by Deftify, Tokenz limited and Despace

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New Delhi (India), April 9: Ace Capital Ventures an online crowdfunding incubator for blockchain startups organises the world’s first blockchain and crypto summit 2022 in Goa, which brings together the most powerful voices in the global blockchain and crypto space in association with Deftify, Tokenz limited, and Despace protocol. The summit connects global blockchain gurus and technology players in this space including emerging startups – with regional businesses, government authorities, IT leaders, tech entrepreneurs, investors, and blockchain developers. It was a thought-leadership-driven summit that brings together the most important stakeholders from the Blockchain and Cryptocurrency ecosystem such as investors, blockchain…

09 Apr

ANVI, a social impact neo-bank, disrupts India’s informal credit market with AI engines that will disburse affordable loans to the nation’s 400 million blue collar workers

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New Delhi [India], April 9: A majority of nearly 400 million Indian blue collar workers who support roughly 1.1 billion people are employed by micro, small and medium enterprises. These businesses are predominantly unorganised and have traceability concerns from tax and labour authorities. Therefore, they do not want to disburse salaries into employees’ bank accounts. Despite the government giving a big push to the opening of bank accounts under Pradhan Mantri Jan Dhan Yojana (PMJDY) for this section of the population, these bank accounts have largely remained at zero or low balance. The activity level of these accounts has shown…

09 Apr

OmniCard launched Premium Payment Keychain in partnership with RuPay On-the-Go

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New Delhi (India), April 9: OmniCard has launched its Premium RuPay On-the-Go Contactless Keychain in collaboration with the National Payments Corporation of India (NPCI). OmniCard Keychain provides a completely contactless, safe, and innovative payment experience to its users, along with the primary offering of the OmniCard prepaid card with the app. OmniCard hosted a Keychain Launch Ceremony to bring OmniCard Keychain to the public officially. The Chief Guest for the event was Mr. Baushuan Ger – Ambassador of Taiwan in India, with other representatives from the Taiwan Embassy & Trade bodies. The launch event also had delegates from NPCI &…

09 Apr

SONAE EV launches charging station in the presence of the Hon’ble Minister of Environment and Tourism, Aaditya Thackeray

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Shri Aaditya Thackeray, Hon’ble Minister of Environment and Tourism and Dr. P. Anbalagan, CEO, MIDC unveil SONAE’s charging point in the presence of Mr Shubham Deshmukh, Co-Founder & CEO and Abhijeet Yejge, Co-founder & COO, SONAE EV Pune (Maharashtra) [India], April 9: SONAE EV, one of the upcoming electric mobility companies has launched its universal charging stations for electric two-wheelers; which was recently unveiled by Shri Aaditya Thackeray, Hon’ble Minister of Environment and Tourism and Dr. P. Anbalagan, CEO, MIDC at Pune. Shri Subhash Desai, Hon’ble Minister of Industries & Mining; Shri Anil Parab, Hon’ble Minister of Transport; and Shri…

08 Apr

VGL announces the results of the first ever Catapult Program

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Jaipur (Rajasthan) [India], April 8: VGL a multi-national and omni-channel online retailer of Fashion Jewellery, Apparels, Lifestyle Products and Accessories serving through TV and Digital Platforms launches Catapult to bring innovative products to market in record time. A total of 1212 product entries under 572 brands were received from 38 countries. The contestants were shortlisted to 44 finalists who were further invited to share their brand stories and demonstrate their products virtually to the panel of judges in the month of October 2021. Beyond the suitability of the product for the customers, winners were expected to have something else –…

08 Apr

ITP Aero launches new India office in Hyderabad

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Hyderabad (India), April 8: The World’s leading aircraft engine and component manufacturing company ITP Aero on Wednesday announced the launch of its new India office in Hyderabad. The company’s new office space at IDA Gandhinagar in Hyderabad was inaugurated by Praveen PA, Director of Aerospace and Defence, Government of Telangana, in the presence of Jesus Catalina, Managing Director of ITP Externals, Vamsi Vikas, Managing Director of ITP Externals India and Inigo Cepas Odriozola, Head of Industrial Development, ITP Aero. ITP Aero operates in India through its fully-owned subsidiary ITP Externals India Pvt Ltd which employs more than 160 personnel in…

08 Apr

AVRO India Ltd Migrates to Main Board of NSE and BSE from SME Exchange

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Mr. Sushil Aggarwal, Whole Time Director, Avro India Ltd Mumbai (Maharashtra) [India], April 7: AVRO India Limited (NSE – AVROIND & BSE – 543512), One of the leading manufacturers of plastic molded furniture products has migrated to the Main Board of NSE and BSE from NSE Emerge. This is yet another achievement for the company and propels the company to the next stage of growth path. The company got listed on the NSE Emerge on 26th July 2018. The IPO had come with IPO price of ₹. 51 and the company have given bonus of 21:10 to its shareholders in month…

08 Apr

Startup Story successfully conducted its First edition of B2B Startup Networking Event

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On 3rd April 2022, startup story successfully conducted its first edition of B2B startup networking event. The event benefited a lot of startup founders in terms of networking, learning and growth opportunities. Startup story saw a great participation from various entrepreneurs and investors and corporates. The event was packed with high energy knowledge sessions by the speakers, founders sharing their success journeys and a lot of networking. New Delhi (India), April 8: Startup story conducted its first edition of B2B startup networking event on 3rd April, at Pride Plaza, New Delhi. The Delhi chapter of Appsealing presents Startup Story B2B…