SMALL BUSINESS JOURNEY
Best Business Books in India: Grow With Your Business (2024)
Are you an aspiring entrepreneur or a businessman already? No matter where your business stands at the moment, you can always grow it more by enhancing your skills. To help you do the same, we have curated a list of the best business books in India which will help you in various aspects of your business.
More incentives for EVs; online discount bonanza coming up
India’s new EV policy may be amended to include incentives for automakers who already have a presence in the country. This and more in today’s ETtech Top 5.
Why has Kotak re-initiated inflows into smallcap fund? Harish Bihani explains
There is FOMO in certain sectors and themes across caps and not only in smallcaps. Harish Bihani thinks there is scope for identifying ideas and deploying large sums of money in the smallcap category. The probability of any event specific to India disrupting the market is low at this point and they thought that it was an opportune time to reopen the fund
VCs chase auto parts makers to hitch a ride on EV journey
Smaller component makers for electric vehicles (EVs), many of which started with other businesses before pivoting to their current business mainstays, are increasingly attracting interest from venture capital firms amid a boom in EV sales. The boom in EV sales, as demonstrated in the sales of passenger EVs jumping 91% and of commercial EVs tripling year-on-year (YoY) in FY24, has meant that the demand for parts has also soared.
VCs chase auto parts makers to hitch a ride on EV journey
Smaller component makers for electric vehicles (EVs), many of which started with other businesses before pivoting to their current business mainstays, are increasingly attracting interest from venture capital firms amid a boom in EV sales. The boom in EV sales, as demonstrated in the sales of passenger EVs jumping 91% and of commercial EVs tripling year-on-year (YoY) in FY24, has meant that the demand for parts has also soared.
How MSMEs are spearheading the digitisation of energy space
Whether it's a smart fuelling station in Mumbai or an AI-driven oil rig in Gujarat, MSMEs are spearheading a digital transformation that promises to redefine the country’s energy future and drive sustainability in the Indian economy.
Celebrating the inspiring journeys of four small business innovators who dared to dream big
Entrepreneurs like Yashovardhan Sharma, Kanak Deka, Biju Kuriakose, and Reena Chauhan embody resilience and innovation in India's MSME landscape. Through programs like Walmart Vriddhi, these entrepreneurs thrive, preserving heritage, empowering communities, and shaping a brighter future for Indian households with unique products and sustainable practices.
Aligning business goals and decoding employee behaviour: A modern strategy for MSMEs
Alignment between business goals and employee behaviour is not a one-time effort but an ongoing process that requires continuous attention and adjustment.
Kinara Capital's resilient model gives it 51% profit rise despite distress in fintech sector
The fintech company has been profitable even when the customer segment was disproportionately impacted, says Hardika Shah, Founder & CEO of Kinara Capital. She says this has happened on the back of a balanced business model and strategic planning.
Payoneer Elevate empowers 500+ service export SMBs on their global expansion journey
Payoneer Elevate 2024 marked the 8th edition of Payoneer’s global flagship event in India, empowering entrepreneurs, founders, and growth leaders of service export businesses on their journey towards global expansion. Held on April 18, 2024, in the capital city, Payoneer Elevate 2024 delivered domain-focused knowledge sessions for over 500 Indian Small- and Medium-sized Businesses (SMBs) aiming for global growth. Here's how Payoneer is leading the transformation of cross-border payments to support Indian SMB exports.
Vipul Bansal's journey from humble beginnings to Wall Street success
Vipul Bansal, Director at Deutsche Bank, shares his inspiring journey to motivate aspiring finance professionals from a small city in India to global success.
Escalating emissions: How Red Sea disruptions are driving up carbon emissions
Many companies had already revamped their supply chains as they navigated COVID-19 disruptions, extreme weather risks, trade protectionism that forced them to change suppliers, and rising freight costs.
ETMarkets AIF Talk: Fund Manager of Rs 1200 cr AUM reveals 4 key factors for wealth creation in small & midcaps
Aditya Sood, Fund Manager at InCred Asset Management, discusses small companies' growth potential in an interview with ETMarkets. Sood says that the cost of capital in India will structurally decline over the next 5-7 years, benefiting small and mid-cap companies. Many of the investee companies, though small in size, are already market leaders or challengers in niche industries with substantial growth potential
Both our medium and long term journey will be good: Kamesh Goyal, Go Digit
Kamesh Goyal, Chairman of Go Digit, discusses India's market penetration and the long-term growth opportunities. He emphasizes the responsibility of listing and future plans in the general insurance sector. In the next 5 to 10 years, even if we move from 1 to 1.3, 1.25% of the GDP, the opportunity for growth is just enormous.
Conversational commerce powered by Gen AI to spur next wave of growth for businesses: Bain & Company - Meta Report
Sandhya Devanathan, Head and VP, Meta in India, said the company sees business messaging as a key growth driver of its business in India. “We see it in terms of consumer behavior on our platforms, in terms of people using messaging to communicate with businesses, and we see that given the size of the WhatsApp platform and what users are asking for. 60% of the users of WhatsApp in India message a business every week,” she said.
AU Small Finance Bank launches array of products including Rupay credit card
AU Small Finance Bank (AU SFB) has introduced several new products to boost fee income, including the AU SPONT Rupay Credit Card and Secured Credit Card - NOMO. The NOMO Credit Card is AU SFB's first secured credit card, backed by a Fixed Deposit (FD), offering rewards and benefits like airport lounge access and fuel surcharge waivers. AU SFB has also launched the AU 0101 Business App for proprietorships and MSMEs, and the AU 0101 Version 2.0 for enhanced mobile banking. Additionally, they have introduced ATM Insurance and WhatsApp Insurance, offering innovative ways for customers to buy insurance.
Dons of Dalal Street: Upstox Co-founder Shrini Viswanath’s first bet was a US stock
Shrini Viswanath, co-founder of Upstox, shares his journey from Wall Street to founding Upstox, emphasizing perseverance and finding guidance in autobiographies. He says: "Entrepreneurship is more like raising a child where it is a lifelong commitment. " He also says that he prioritizes fitness, reading, and IT support at home.
Hero MotoCorp to ride in three electric two-wheelers by early 2025
Hero MotoCorp CEO Niranjan Gupta stated that it will take some time to introduce electric bikes through the company's partnership with California-based Zero Motorcycles because the Indian market is still in its early stages of development and is still quite expensive. He further added that future mass-market electric motorcycles will be developed using the partnership's technology. To further augment the EV sales, Gupta commented that the company has increased the availability of Vida to 100 cities as of last week and will enter 100 more cities in the next year.
How Bhubaneswar’s agritech ecosystem is fast gaining momentum
Odisha government’s efforts have led to the ‘Temple City’ being able to offer more opportunities for startups. Entrepreneurs say they are getting attention and also support from government agencies. The city will now play host to the ET MSME summit.
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