Wednesday, April 24, 2024
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NeuX is Created to serve the tailored needs of MSMEs across an array of sectors, including FMCG, Pharma, Agriculture, E-commerce, and others

SBI Investment and Evolvence Capital led the funding round, in addition to investors like Accel, Matrix Partners India, Prosus Ventures and Tiger Globaltag

The firm has announced the launch of its second fund with a target corpus of Rs 450 crores

The key contributors to the growth will include instant payments through a Unified Payments Interface (UPI)

This integration will facilitate the seamless transfer of data with authenticity and security

XPNS has been developed to help growing businesses optimise expense processing costs, improve cash flow planning, and drive bottom-line savings

The government-backed e-commerce body believes that this development will help small and medium enterprises to access the larger market to sell their products

ONDC is an initiative of the DPIIT to create a facilitative model to help small retailers take advantage of digital commerce

The redesigned Atoms 3.0 program will offer personalised learning, sector-specific mentors, and up to $500,000 seed investment for each selected start-up

RCPL's (Reliance Consumer Products Ltd) range of Campa beverages will be initially available in over 50,000 retailers and kirana stores, which will gradually expand to over 1 lakh retailers and kirana stores in the next two months, udaan said