HOW TO SCALE A PLATFORM AND ECOSYSTEM TO OVER A BILLION US$

In today’s digital landscape, the ability to scale a platform and ecosystem to over a billion US dollars is an extraordinary feat that requires careful planning, strategic thinking, and relentless execution.   The main components of creating a scalable platform and ecosystem that can prosper and reach the billion-dollar threshold are covered in this article. From understanding the components of a successful…

Developing the Emerging Generation in Family Business

Parents of the senior generation often express a sentiment: “We’ve allowed our children to decide their own paths” (“Ja Jee Le Apni Zindagi”). This autonomy is valuable, but have we adequately guided them in exploring options before making choices?  Too frequently, the next generation’s career decisions are influenced by peer trends rather than their own strengths, interests, and available opportunities. …

DIGITAL SUPERSTARS: EXPLORING THE WORLD OF VIRTUAL INFLUENCERS

Thanks to the widespread implementation of digital technologies, businesses of all sizes are doing better than ever. However, a fascinating phenomenon known as virtual influencers has emerged amidst all this digital upheaval, capturing the attention of consumers and businesspeople alike.  These intricate computer-generated characters are a huge leap in terms of design and craftsmanship from what earlier algorithms could produce.…

Exploring the History and Advantages of Software-as-a-Service (SaaS) and its Significance for Small Businesses

Software as a service (SaaS) is one of the most popular and beneficial technological advancements that deliver software in which users pay for any software they use for a specific amount of time, with the cost determined by supply and demand in the market.  Software ownership is a very expensive process. Paying per hour of usage, rather, would be financially…

SaaSUMMIT’23 Exceeds Expectations, Leaving SMEs Inspired and Informed

The highly anticipated SaaSUMMIT’23 concluded on 11 August’23 with resounding success, bringing together industry leaders, experts, and SME decision-makers. Hosted at the Bangalore International Hotel, Bengaluru, the event featured a diverse range of presentations, engaging sessions, keynote speeches, Panel discussions and networking opportunities that left attendees inspired, informed, and eager for future technology opportunities that can help SME businesses grow faster. From…

INNOVATION HELPING SMALL BUSINESSES THAT WORK TOWARD SUSTAINABILITY

Plastic cutleries are a significant source of land pollution. As per a report published in Economic Times in 2018, global plastic cutlery results in 22,000 tons of waste that goes directly into landfills every month. These plastics take almost 500-1000 years to decompose totally. One of the solutions to overcome this problem is not to use plastic cutleries, and instead, use biodegradable…

SCALING UP SUSTAINABLE BUSINESSES: CHALLENGES AND OPPORTUNITIES FOR MSMEs

Examine the barriers and success factors in scaling up sustainable MSMEs in India, showcasing case studies and best practices for growth and impact.  “In the world of business, big things often have small beginnings. MSMEs are the seeds that grow into mighty enterprises.”   In recent years, MSMEs have witnessed drastic growth in the economic setup of India. They have allowed…

CHALLENGES FACED BY MSMEs IN PRODUCING AND DISTRIBUTING ORGANIC AGRICULTURE PRODUCTS

Small businesses play a crucial role in supporting the organic agriculture industry. Today, more people want to consume organic food products as these are considered healthy options since they are free from chemicals; plus, these are also considered to be environmentally friendly. The demand for these products is increasing. Therefore, there is a need to support organic agriculture.  If organic farming is to…

INDIA-JAPAN DEEPTECH INNOVATION & CLEAN ENERGY SEMINAR

JETRO (Japan External Trade Organization) and NEDO (New Energy and Industrial Technology Development Organization) Japan organized a seminar on India-Japan Deeptech Innovation & Clean Energy on 20th July 2023 at ITC Maurya, Diplomatic Enclave, New Delhi. The seminar was co-hosted by FICCI and TERI. The objective of the seminar was to foster partnership through sharing knowledge, experiences, and expertise between…

ENKASH IS UNLOCKING 100% ACCURACY IN ACCOUNTING AND AUDITING PROCESSES FOR BUSINESSES THROUGH ITS NEW PLATFORM OLYMPUS

EnKash, Asia’s 1st and smartest spend Management platform has launched “Olympus,” an industry-first solution that automates business payables and receivables. Mid-size and especially traditional businesses lack experience and accessibility of digital payments considering the high costs and efforts involved. While larger companies get desired technology solutions from banks and their software providers, startups and small to midsize businesses have struggled…