Blog

Here you can learn about news and many interesting things happening in the business world around you. Do check regularly to stay updated.

Tea Trails chain launches its first outlet with tea -infused food menu

Tea Trails, an emerging tea cafe chain in the country, launched its first cafe with tea-infused food menu in Mumbai at Kala Ghoda on Thursday. The cafe offers a curated range of finest teas from around the world along with suitable tea accompaniments,

Innolabs: Aditya Birla Group to give employees time off for pursuing entrepreneurial ambitions

In an attempt to tap into the entrepreneurial ideas of its employees, Aditya Birla Group plans to kick off an intrapreneurship programme soon. Under the programme, called Innolabs, the company will allow its staff to take time off from work and pursue their entrepreneurial ambitions.In August 2015,

Gati to invest in logistics start ups to expand reach, scale

Logistics major Gati today said it will invest in start ups in the delivery space as the firm tries to achieve its target of delivering 1 million packages per day by 2020. The express delivery and supply chain solutions firm is exploring strategies for growth to achieve its vision,

Milk Mantra eyes Rs 1,000 crore turnover in 5 years

Agri-startup Milk Mantra is eying Rs 1,000 crore turnover in five years as it look to strengthen position in the eastern parts by expanding milk shake brands across the country.Fidelity Growth Partners backed startup is also planning to raise $25 million from VC funding to finance growth plans.

Ratan Tata invests in retail-tech startup SnapBizz

Bangalore based retail-tech startup SnapBizz has announced that it has raised funding from Ratan Tata, Chairman Emeritus, Tata Sons. In January 2016, SnapBizz had announced a Series A funding of $7.2 million led by Jungle Ventures, Taurus Value creation, Konly Venture and Blume Ventures.With the mission of transforming the unorganized fragmented retail sector in the country,

Ahmedabad-based Salebhai.com raises funds from customers for expansion

Salebhai.com, an Indian sweets and snacks delivery startup, has raised funds from its own customers to fund its expansion.So far, 10 high net worth customers have invested between Rs 5 lakh and Rs 1 crore in the Ahmedabad-based startup engaged in delivery of sweets and farsan (namkeen/Indian snacks) local delicacies,

Healthcare startup iKure plans to raise Rs 30 crore from overseas investors

iKure, a homegrown startup targeting rural healthcare space, is planning to raise $3-5 million (approximately Rs 25-30 crore) from global investors over the next six months. "We plan to use the proceeds to scale up our operations to 50 blocks in 8 states,

Business-to-business marketplaces find easy business for small and medium enterprises

Online business-to-business (B2B) marketplaces have found easy business in financial inclusion for small and medium businesses (SMBs) which struggle for capital from banks. Tie-ups with Non-Banking Financial Institutions (NBFCs) and lending platforms work both ways for the online B2B platforms ensuring a behavioural change in SMBs to shop online for their sourcing needs by extending credit facilities,

Lack of investment in retail technology is an advantage for Indian retailers: Accenture Strategy's Wollan

Robert Wollan, senior managing director of advanced customer strategy at Accenture Strategy, feels that customers don’t differentiate between the online and offline experiencethey just need good shopping experience, which means retailers must deliver the in-store experiences,

Make in India: We'll create best ecosystem for our young entrepreneurs, says Amitabh Kant

For over a year nowAmitabh Kant, secretary, Department of Industrial Policy and Promotion, has put his energy behind Prime Minister Narendra Modi’s vision of Make in India and is now ready to take the campaign to the next level with a thrust on domestic investment,