News

The immense opportunity presented by the large number of consumers in India has led to 2100 - 2500 enterprises being started in India per day. Between 750-800 getting out of business or are becoming dormant, as per a survey conducted by the India SME Forum and SDRC India Advisors. SME Forum in association with Vodafone Business service, organized a day long program “BUSINESS CLASS 2016” to motivate aspiring entrepreneurs. The India SME Forum shared best practices, information and knowledge, as well as seeks and recognizes emerging MSMEs. Recently, it organized...

The Coimbatore District Small Industries Association (CODISSIA), the premium association of the city is planning for ‘Subcon’ SMB event to replicate the success of the previous years. Titled ‘Small is Big’, this event is likely to host eminent leaders from the manufacturing industry and will discuss and empower the SMB sector to take its rightful place as the Growth Engine of the Indian Economy. The city forum claims to have inaugurated this event to encourage manufacturing in and around Coimbatore, SUBCON is one such effort. “On the size of the...

Epson expands its range of digital label presses with the India launch of the SurePress L-6034VW digital label press. The SurePress L-6034VW is Epson’s first single-pass industrial press, the first to use Epson’s new PrecisionCore linehead technology and the first product to use Epson’s new LED-cured UV ink with in-line digital varnish technology. The compact SurePress L-6034VW delivers precise quality with maximum reliability, flexibility and performance. It is the ideal solution for label converters investing in a digital label press for the first time or wishing to expand their production...

Rubique, the one-stop online marketplace providing a technology-enabled end-to-end solution to financing needs of individuals and SMEs, endeavors to further ease the concerns of SMEs as well as acquire and retain a valuable set of customers for banks and FIs. With this objective in mind, it has joined hands with 60 plus leading financial institutions to increase its product offerings for the SME segment. Edelweiss and Mannapuram are the latest addition to the list of financial partners associated with this leading online marketplace platform that aims to ease credit facilitation...

Mywish Marketplaces, fintech startups has raised $15 million to push its financing business into new areas. The capital was proved by Franklin Templeton, the U.S. banking giant with more than $700 billion in assets under management. “We were chased by a lot of venture capitalists and investors globally,” Puru Vashishtha, who is board director at Mywish Marketplaces said. “Because we were profitable, we did not need to raise a lot and didn’t want to dilute too much too soon — that’s one of the reasons we chose Franklin Templeton. Also, Franklin Templeton has built...

Customers today expect modern solutions that save money, increase security, and give employees the flexibility to work anywhere, any time, on any device. At the same time, potential of Cloud continues to grow in the country. According to IDC research, Cloud spending is expected to exceed $500B by 2020. Growth in revenue of commercial cloud computing business has helped push Microsoft’s quarterly revenue above Wall Street’s expectations, sending the technology company’s shares up more than 4 per cent in after-hours trading, as reported by Channel News Asia. The cloud business -...

In an effort to accelerate the delivery of next generation cloud networking and application performance solutions worldwide, Riverbed Technology has setup a new R&D center in Bangalore. At the facility, the engineering team of the company will be expanding as much as 3-fold over the next few years, in order for them to accelerate their delivery process, for cloud networking and application performance projects they have at hand. The new center will be the largest Riverbed R&D facility outside the US, and focus on solving some of the toughest challenges...

ESS Distribution, the leading provider of IT security solutions in Indian market, has announced appointment of Rajiv Warrier as Country Head. He was previously working as National Sales Manager - Enterprise after joining the company earlier this year. As Country Head, Warrier will be responsible for leading overall operations of ESS Distribution offices and representatives across India, strengthening its presence in such segments as security, encryption and back-up software and business intelligence solutions. ESS Distribution is actively promoting ESET products and other software brands in India through a vast network...

Facebook tractioned 1Bn active users each month in its messenger, making it as big as Facebook’s other messaging app, WhatsApp, and the third Facebook product — along with the flagship Facebook app — to reach a billion active users as reported by recode net. It has been long back that Facebook has witnessed 1Bn regular user in its official page and now finally Facebook messenger app hits 1Bn regular users, which earlier did not get much traction because of the popularity of WhatsApp. Read Also:Mark Zuckerberg’s Facebook page hacked Messenger which...