Consumer Online Foundation Expresses Concern On Deadline Extension For Seeking Comments On Draft E-Commerce Rules

Consumer Online Foundation, not-for-profit organisation under the mentorship of Prof Bejon Kumar Misra, an International Consumer Policy Expert today expressed their deep concern on the extension of deadline to seek comments on draft e-commerce rules in India citing consumer ramifications in the long run. The government extended the deadline for suggestions and feedback on the proposed amendments to the Consumer Protection (E-Commerce) Rules, 2020, till August 6 as opposed to July 6th. The ministry released the draft e-commerce rules on June 21, prohibiting “fraudulent” flash sales, as well as mis-selling of goods…

“#UdharAbhiBaakiHai” to Help Small and Medium Businesses Recover Pending Dues

As India is coming out of the devastating second wave of the Covid-19 pandemic and as businesses look to safely re-open in most parts of the country, OkCredit has launched the #UdharAbhiBaakiHai digital campaign to help small and medium businesses recover from a severe cash crunch. This digital campaign urges/encourages customers, both big and small, to clear their pending dues to help small businesses and shopkeepers tide over the financial crunch. The unorganised retail in India runs on credit. For buyers, it’s about convenience to buy whenever they want and…

TyrePlex, India’s leading eCommerce platform for tyre vertical raises seed round led by AdvantEdge Founders

TyrePlex, India’s leading B2B eCommerce player in the aftermarket tyre vertical, raises its seed round led by India’s leading mobility focussed fund AdvantEdge Founders along with other leading Angel Investors. Founded in 2020, by Puneet Bhaskar and Rupendra Pratap Singh formerly with Droom and Snapdeal, along with Nikhil Kalra and Jiveshwar Sharma from Car Dekho, TyrePlex is digitising the USD 10 billion tyre market. The current seed round also saw participation from leading Angels including Akhil Sikri (Co-founder Zolostays), Amit Lakhotia (Founder Park+), Asish Mohapatra, Ruchi Kalra (Co-founders Ofbusiness) and…

Aspire Media to launch “Small Enterprise Back to Business” – A Nine Months Campaign to Strengthen 10,000 MSMEs amid COVID-19 pandemic

The ‘Small Enterprise Back to Business’ campaign will launch on June 27 on International MSME Day webinar Aspire Media Pvt Ltd,publishers on the leading MSME educational portal “Smallenterpriseindia.com” since 2010, will be launching their ambitious program “Small Enterprise Back to Business” starting July’21 to March’22. A nine months campaign through 40 educational Webinars, online campaigns, one on one consolations, Business advise, mentoring are planned on a phase by phase outreach program across West, North, South and East regions. The campaign will be launched on 27 June 2021, at the International…

Significance of Embedded Finance in Pandemic Stricken Economy

The banking and financial services for many Indians have shifted to digital post-pandemic. As per the leading company Forrester, even before the pandemic, 59% of the Indians were open to accepting a digital-only bank. This trend has become more widespread after Covid and financial services are now moving towards a digital platform. What is embedded finance? It is a financial solution, like payments or funds embedded into a non-financial company to offer a seamless and customised customer experience. With an increase in non-banking services around the world, embedded finance has…

Bahi Khata for Small Businesses

We have conducted a candid interview with Mr. Harsh Pokharna, founder – OKCredit, who digitized the Bahi Khata of Small Businesses. Read on how their journey became the source of strength and inspiration. 1. What inspired you to launch OkCredit? The idea to build OkCredit came from our personal experience. We (the co-founders – Aditya Prasad, Gaurav Kumar, and Harsh Pokharna) used to buy groceries on credit from a nearby store, but settling it was a tedious process. The problem lied in the way it was recorded- sometimes on the…

Great Tips to Attract the Right Investors for your Business in 2021

Many of the businesses require new investors for launching their start-ups or for scaling their businesses. There are many ways of approaching this fundraising. The companies that need fundraising also get the attention of those who have the capital so that they can get to another level. Every business that is in a stage of growing, no matter how successful it is, will need funding at some stage. Even the businesses that have a great business or product idea and impeccably lean operations need more capital at some point. This…

How 2021 is Shaping the Crucial Drifts of SME Banking Industry?

In the coming years, banks will need to continuously improve their technology to match the needs of the markets. In the future, SME banking will be the biggest trend in the financial markets. Some of the biggest matters relating to SME business operations include the opportunity to run sustainable units. These sustainable banking trends are being designed to serve smaller businesses globally. It is time to understand the opportunities which will help in running competitive, innovative, and sustainable SME banking systems. The SME Customers are expecting banks to provide intelligent…

9 Valuable Remote Tools that you should use if you are an Online Business

With the ongoing pandemic, most businesses are urging their employees to work from home. These businesses need to be profitable while managing a remote team. For this purpose, they are employing the most professional remote tools. There are multiple advantages to having a remote team. But this needs the best remote tools. There are some remote working tools for those who are managing teams from different parts of the world. Many businesses use some of the tools, others might use all of them. They will fit in your business’s requirement…