Month: October 2021

Savex Technologies Collaborates with DTEN to enable a wider enterprise adoption of interactive communication solutions

Small Enterprise India

Savex Technologies, one of India’s largest Information and Communication Technology Distributor, today announced its Strategic Collaboration Agreement with leading global All-in-one video conferencing system provider DTEN, recognised for developing the most powerful premium meeting collaboration solutions. The distributorship gives Savex technologies’ access to DTEN simplified collaboration platform meant for enterprises, educational institutes, and consumers. With DTEN’s award –wining collaboration solutions, channel gets access to various options of plug-and-play devices ease with high quality performance and affordability for their customers. And DTEN gets access to Savex’ extensive network of over 10,000…

Zolve raises ₹300 crores in one of India’s largest Series A Funding Rounds at a valuation of ₹1,575 crores

Small Enterprise India

Zolve has raised ₹300 crores ($40 million) in Series A funding round led by Partners of DST Global with participation from Tiger Global, Alkeon Capital, as well as existing investors Accel and Lightspeed Venture Partners. The funding will help expand the product suite and ramp up hiring and technology to create a seamless user experience for global citizens, says Zolve founder and CEO Raghunandan G. Zolve, a neobank enabling global access to financial services, today announced the closing of ₹300 crores in Series A funding, one of the largest within…

Challenges of Entrepreneurship Development in India

Yamini Lamba

The Economic survey in 2019-20 using World Bank’s data on entrepreneurship stated that India ranks third in the number of new firms created. However, India ranks significantly lower in terms of intensity when compared with countries like UK and US. Between 2006 and 2016, the mean number of new firms registered per year per 1000 workers was 0.10 whereas it was 12.22 and 12.12 for UK and US respectively. A natural question that flows from such documentation is what factors contribute to such abysmally low numbers of entrepreneurial activity when…