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This fintech startup undergoes a revamp to cash-in post demonitization
In its new avatar, Razorpay 2.0 is trying to resolve all business problems related to the B2B payments ecosystem. Currently, payment acceptance is done through bank functions like NEFT or RTGS. Managing cash flows, disbursement of money, automating NEFT and bank wires and collection of scheduled payments among others is ailing the Digital India’s companies. The company introduced Razorpay Route, Razorpay Smart Collect, Razorpay Subscriptions and Razorpay Invoices –for India’s under-served business community while embracing cash-rich traditional sectors such as Education, Government, Insurance and new age e-commerce companies.
Here’s why LinkedIn is training blue collar workers in India
Allen Blue, Co-founder, LinkedIn told Business Insider, “Employers on the LinkedIn platform hire across management levels and while LinkedIn is known for discovering great white-collar jobs, there is a need for high skilled blue collar workers. This is also an opportunity for us to work with employers who are hiring across the skills spectrum. ” Akshay Kothari, Country Manager and Head of Product, LinkedIn India said that this was an attempt to expand the LinkedIn Placements platform and as they expand across the employment sector, they will incorporate local languages starting with Hindi.
I tried the MakeMyTrip ‘My Business’ facility which makes GST claim easier for SMEs
Ranjeet Oak, Chief Business Officer, MakeMyTrip told Business Insider, “For most organizations, business travel spending is the second largest expense, and the entire process allows a certain amount of discrepancies and reimbursement issues later on. SMEs are contributing to 70% of the flourishing Indian corporate travel business and we wish to enable these businesses by helping them get an online travel desk instead of setting up a separate one for their firm.”
In a bid to attract advertisers, Truecaller introducers Ads Manager for Small and Medium Businesses
Ted Nelson, Chief Commercial Officer, Truecaller told Business Insider said, “With this launch, we aim to fast-track programmatic advertising in India. As the consumption of video content across entertainment and media is soaring in India, this will enable businesses to showcase their brand to their consumers by leveraging video content to reach their audiences. The idea behind six-second videos is to engage the user without boring him.”
Food influences holiday choices for 87% of Indian Travelers according to Airbnb
The Airbnb Asia Pacific survey revealed that people across the region, irrespective of age or gender, have a desire to really experience the places that they travel to, not just visit. Food is such an influence on destination decision-making and is also one of the easiest ways that you can immerse yourself in a local culture or community whether travelling with your family and friends or alone.
Here’s how Razorpay’s new office symbolizes the growth of the fin-tech startups
Clean lines, functional spaces, bright colors and a youthful energy greet you when you step into Razorpay’s new office in Bangalore. With its state-of-the-art office infrastructure, unconventional work stations and other amenities spread across 10000 sq.ft. The new office resonates the speed at which the fin-tech sector has grown in the last few months, leveraging industry’s high-technology talent pool while reinforcing the commitment to help Indian businesses embrace digital payments.
This Green coffee is replacing green tea for health enthusiasts
As chlorogenic acid is found to beneficial in overall weight loss, many fitness enthusiasts are swearing by this green coffee brand as it just contains 10 calories per serving. Greenbrrew is made from 100% unroasted Green Arabica green coffee beans and is certified organic. Available in three flavors, Natural Instant Coffee, Lemon Instant Coffee and Strong Green Coffee, Goel is seeing a great response from the market as it is the only Indian brand focusing on this segment.
Jobseekers, according to LinkedIn, are motivated by these factors while looking for a job
When Indian professionals were asked about their experience on the job and recent job switchers were asked about their experience during their most recent move between companies, the results were interesting, to say the least. LinkedIn surveyed 539 respondents from two different populations of India in April 2017 and came out with a report that highlighted what drives people looking for jobs on the platform.
Online luxury watch segment is growing over a whopping 200% in India, Flipkart Fashion Head explains why
Men however lead the way atleast in this category, “Close to 55% of sales in this category come from metros and tier I cities, with a majority of sales being concentrated in Delhi. Men contribute to close to 75% sales in this category. We aim to maintain this category’s growth momentum by increasing it by 4X times during the upcoming ‘The Big Billion Days’. A couple of exclusive lines with best-selling luxury watch brands too are in the works for the festive sale season,” Rishi Vasudev - Head- Flipkart Fashion told Business Insider.
Here’s why Uber's partnership with Axis and HDFC banks to facilitate UPI integration is a strategic move
Forging an alliance that could bring millions of riders and driver partners into the digital payments revolution, Uber India announced a Unified Payments Interface (UPI) integration in partnership with National Payments Corporation of India (NPCI) and banking partners Axis Bank and HDFC Bank.
This ingenious toilet system in Ladakh could help India reach complete sanitation by 2022
In an effort to address the absence of adequate sanitation to approx. 600 million Indians, the Indian government has set the target of 100% sanitation by 2022 and is working towards boosting cleanliness and end the practice of open defecation in the country. This simple solution could help solve many problems at once, as the country and the planet struggle to manage the defect in defecation.
Flipkart is out with yet another offer but this time around it's exclusively for its employees
Flipkart launched a program for their employees called ‘Budding Star Programme’ which will provide financial assistance to employees who wish to participate in any national or international challenge pertaining to any field of interest. Flipkart employees who have completed six months with the company will be eligible for this program, and shortlisted candidates can receive up to Rs. 3 lakhs in assistance.
A Paytm customer buys gold online everyday for Rs. 11 adding to the company’s gold streak
Hegde says that the customers are slowly embracing this trend by buying more gold on the platform but one customer has been buying gold worth Rs. 11 every day since the launch. While some customers chose to invest in gold by buying 1 gm. Every month, some customers have even bought gold worth Rs. 20 lakhs.
Entry-level jobs could soon pay Rs. 18000 all across India and that could be a problem
While lay-offs have become the norm especially in futuristic sectors like IT, the Union cabinet has cleared the labor code on minimum wages, creating a minimum wage barrier of Rs. 18,000/- With the implementation of this bill, any state is bound by law to not pay a lesser amount. This translates to that the minimum wage for someone working in a metro city will be the same as that of a person in a small town. Likewise, a B.com graduate and a 10th pass delivery boy of an e-commerce company will get the same minimum wage at the entry level.
Here’s why Harvard University just started a course on Non-profit Management in Delhi
Designed for senior decision makers in established or growing nonprofit (NGO) organizations in South and Southeast Asia, this new program is offered in association with Dasra, India's strategic philanthropy foundation, and with Ashoka University. Exploring best practices in nonprofit strategy, governance, and leadership, the program will prepare the students to build a high-performance organization that can fulfill its mission, expand its scope, and achieve its potential for improving lives.
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