Lower churn-out of subscribers, various cost reduction measures, and an asset light business model positives for IndiaMart
The event is targeted to revive various micro, small and medium enterprises (MSMEs), whose operations have been affected due to the coronavirus crisis, and help them maintain business continuity in such uncertain times, it added.
Through app 'Radius', which has database of 13,000 retailers across Delhi and NCR, consumers can get in touch with kirana stores and local retailers, said the company in a statement.
Freshworks could raise more funds before listing its shares by 2021.
A fraught public education system in India presents a variety of opportunities for EdTech market players to enter with the promise of customisation and efficiency.
Moglix plans to utilise the funds for expansion besides beefing up its logistics network and supply chain.
Its revenue from operations, however, saw a 40.4 per cent jump to Rs 21,438.65 crore in FY2017-18 from Rs 15,264.42 crore in the previous fiscal, as per regulatory documents filed with the corporate affairs ministry.
As part of its strategy to reach customers even in the smaller towns, the company is strengthening its network - Canon Image Square - by adding around 30 more retailing points and taking the total number to 280 points by the end this year.
"Through this launch, B2B sellers, manufacturers and exporters will be able to reach thousands of business customers across Amazon's international marketplaces," Amazon VP B2B Marketplace Business Peeyush Nahar told reporters here.
LG electronics India (LGEI) has plans to add more products into the B2B segment in the coming years besides strengthening its present line of display solutions and chillers and VRV for industrial and commercial cooling.
IG Petrochemicals caters to the high growing segment of plastics. While the stock had a stellar run, the valuation still looks reasonable. Finally, the company has invested in improving growth and margin that stand to support earnings.
"The company along with its subsidiary, C G International BV, has completed the sale with effect from March 6, upon execution of share purchase agreements and other related transactional documents with Alfanar Electric LLC," Crompton Greaves said in a BSE filing.
Baba Ramdev-promoted Patanjali is all set to enter the business-to-business (B2B) space in next 2-3 months. The company is exploring options of large-scale distribution to hotels, caterers and restaurants.
Hicare was founded by Godrej Industries in 2004 to provide pest control services to residential customers in Mumbai, eventually expanding to become a pan-India player serving both residential and commercial customers.
Talking about affect following the Modi government's demonitisation drive, Garg said Moglix saw some hit in the business in November but that is more about flattening versus growth impact.
Total sales during the July-September quarter increased 9.2 percent to Rs 315 crore from Rs 288.4 crore in the corresponding quarter of FY2015-16.
"While we look forward, there is a tremendous growth which we are targeting from consumer businesses, we are targeting about 20 per cent compared to last year," Panasonic India President and CEO Manish Sharma told reporters here.
"For the last six months, there has been a rise in hiring in the B2B segment as they are now more open to matching expectations of candidates in tune of market reality," Vijay Sharma, CEO and Co-founder, Belong, a talent solutions company, told PTI here.
Ratan Tata backed Moglix today said it has raised Rs 28 crore from investors led by Accel Partners, Jungle Ventures and SeedPlus.
Expected to be live in 2017, the local region in India will help make Google cloud platform services even faster for Indian customers, Google said in a statement.
Through these partnerships, the company hopes to encourage and support Indian Small and Medium Enterprises (SMEs) by providing a one-stop shop for their essential trade requirements, it said in a release.
In the new role, Ashok will be responsible for driving the growth of Airtel's B2B portfolio that serves top corporations, government entities and other corporates with end-to-end solutions.
"At present B2B (business-to-business) segment is estimated to be around Rs 15,000 crore and is expected to reach Rs 25,000 crore by 2020. We are targeting about 10 percent market share which is around Rs 2,500 crore," Carzonrent MD and CEO Rajiv Vij said.
India‘s B2B sector has never been as vibrant as it is today, thanks to the advent of e-commerce. Online marketplaces have made business-to-business buying and selling extremely easy, cost-effective and expeditious.
The GenNext Hub enables entrepreneurs to build their companies through an immersive, four-month-long program.