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	<title>Entreprenuership Archives - NRI News</title>
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	<title>Entreprenuership Archives - NRI News</title>
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		<title>An Indian Startup&#8217;s Bold Move to Somalia and Mongolia</title>
		<link>https://nrinews24x7.com/an-indian-startups-bold-move-to-somalia-and-mongolia/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Sat, 30 May 2026 02:23:39 +0000</pubDate>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Entreprenuership]]></category>
		<category><![CDATA[Indian]]></category>
		<category><![CDATA[Startup]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=180917</guid>

					<description><![CDATA[<p>UClean expands into two of the world’s least explored markets for organised consumer brands NEW DELHI: In a move few Indian consumer startups have attempted before, UClean, India’s largest laundry and dry-cleaning chain, has announced its entry into Somalia and Mongolia — two frontier markets rarely targeted by Indian franchise-led service brands. The expansion marks [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/an-indian-startups-bold-move-to-somalia-and-mongolia/">An Indian Startup&#8217;s Bold Move to Somalia and Mongolia</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
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<p class="has-text-align-center wp-block-paragraph" style="font-size:24px"><strong><em>UClean expands into two of the world’s least explored markets for organised consumer brands</em></strong></p>



<p class="wp-block-paragraph"><strong>NEW DELHI:</strong> In a move few Indian consumer startups have attempted before, UClean, India’s largest laundry and dry-cleaning chain, has announced its entry into Somalia and Mongolia — two frontier markets rarely targeted by Indian franchise-led service brands.</p>



<p class="wp-block-paragraph">The expansion marks a significant milestone for the Faridabad-based startup, which is rapidly emerging as one of India’s most globally ambitious consumer service brands. While Indian businesses traditionally focus on safer and mature international destinations such as the UAE, Singapore, London, or Dubai, UClean has chosen to enter regions often perceived as difficult due to logistical, economic, and geopolitical challenges.</p>



<p class="wp-block-paragraph">Industry observers believe this could be among the first instances of an Indian organised laundromat and franchise-driven consumer service brand establishing operations in Somalia and Mongolia.</p>



<p class="wp-block-paragraph">The move comes as UClean accelerates its international expansion strategy across emerging economies. Over the past year, the company has expanded into Nepal, Bangladesh, Sri Lanka, the UAE, Ghana, and Mauritius, with Somalia and Mongolia now joining its growing global footprint.</p>



<p class="wp-block-paragraph">“<em>Entering markets like Somalia and Mongolia reflects our belief that organised laundry services are a universal need, irrespective of geography,</em>” said <strong>Arunabh Sinha, Founder &amp; CEO, UClean.</strong></p>



<p class="wp-block-paragraph"><strong>“</strong><em>These are regions where very few Indian consumer brands have ventured. For us, this is not just about business expansion, but about creating entrepreneurship opportunities and building a truly global brand from India,</em>” <strong>he added</strong>.</p>



<p class="wp-block-paragraph">Founded in 2017 by Arunabh Sinha and Gunjan Taneja, UClean operates on a franchise-led model and has built a rapidly growing network of tech-enabled laundromats across India and overseas. Its “live laundry” concept — where customers can witness the cleaning process in real time — has emerged as a strong differentiator across international markets.</p>



<p class="wp-block-paragraph">The company’s international growth strategy comes at a time when the global franchise market is witnessing rapid expansion. According to Research and Markets, the sector is projected to grow by over USD 565 billion between 2025 and 2030, driven by increasing demand for scalable and service-led business models.</p>



<p class="wp-block-paragraph">UClean has raised nearly $1.6 million from investors, including Franchise India Holdings, Rajiv Jalan, and US-based angel investor Anubhav Chopra. The startup also received early visibility support from actors Soha Ali Khan and Kunal Khemu as brand partners.</p>



<p class="wp-block-paragraph">With its latest expansion, UClean is positioning itself as one of the few Indian consumer startups aggressively building a presence in underserved global markets — far beyond conventional business geographies.</p>
<p>The post <a href="https://nrinews24x7.com/an-indian-startups-bold-move-to-somalia-and-mongolia/">An Indian Startup&#8217;s Bold Move to Somalia and Mongolia</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>Discover Swiggy&#8217;s Mum’s Choice Initiative</title>
		<link>https://nrinews24x7.com/discover-swiggys-mums-choice-initiative/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Sat, 30 May 2026 02:11:10 +0000</pubDate>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Beverages]]></category>
		<category><![CDATA[Choice]]></category>
		<category><![CDATA[Entreprenuership]]></category>
		<category><![CDATA[food]]></category>
		<category><![CDATA[Mothers]]></category>
		<category><![CDATA[Mum]]></category>
		<category><![CDATA[partner]]></category>
		<category><![CDATA[Platform]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=180908</guid>

					<description><![CDATA[<p>One-of-a-kind initiative that offers no minimum login hours, no long-distance orders, payouts in line with traditional shifts, and access to subsidized EV rentals INDIA: Swiggy (Swiggy Ltd, NSE: SWIGGY / BSE: 544285), India&#8217;s pioneering on-demand convenience platform, has announced the launch of &#8216;Mum&#8217;s Choice&#8217;, a first-of-its-kind initiative designed to bring more mothers into its delivery [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/discover-swiggys-mums-choice-initiative/">Discover Swiggy&#8217;s Mum’s Choice Initiative</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
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<p class="has-text-align-center wp-block-paragraph" style="font-size:24px"><em><strong>One-of-a-kind initiative that offers no minimum login hours, no long-distance orders, payouts in line with traditional shifts, and access to subsidized EV rentals</strong></em></p>



<p class="wp-block-paragraph"><strong>INDIA:</strong> Swiggy (Swiggy Ltd, NSE: SWIGGY / BSE: 544285), India&#8217;s pioneering on-demand convenience platform, has announced the launch of &#8216;Mum&#8217;s Choice&#8217;, a first-of-its-kind initiative designed to bring more mothers into its delivery partner fleet. The initiative redefines flexibility for women, offering no minimum login hours, no long-distance orders, and payouts consistent with traditional shifts. And for mothers without a bike, Swiggy will provide discounted EV rentals, ensuring that access to wheels is never a barrier to getting started.</p>



<p class="wp-block-paragraph">The initiative speaks directly to the challenges mothers face when exploring flexible work, largely the conflict between rigid schedules and the unpredictable rhythms of family life. Through &#8216;Mum&#8217;s Choice&#8217;, Swiggy is making room for both, giving mothers a genuine opportunity to earn on their own terms without having to compromise on what matters most at home.</p>



<p class="wp-block-paragraph">Launching the initiative, Saurav Goyal, SVP and Head- Driver &amp; Delivery Org, Swiggy, shared, <strong><em>“</em></strong><em>Our internal surveys have shown that mothers want to work as delivery partners as well, but the system wasn&#8217;t built to let them. For most mothers, time isn&#8217;t just a luxury- it’s the scarcest resource they have. With Mum&#8217;s Choice, we are rebuilding around how mothers actually live their lives, rather than asking them to change their schedules or let go of their commitments to fit a shift. We are hopeful this initiative will encourage more mothers to explore this, positively impacting their lives and becoming financially independent.”</em></p>



<p class="wp-block-paragraph">Beyond this, Swiggy&#8217;s commitment to inclusive growth runs deeper. From financial literacy training in partnership with the National Stock Exchange to safe sanitation tie-ups, the company has been steadily building an ecosystem that makes the gig economy more accessible and equitable for women, and &#8216;Mum&#8217;s Choice&#8217; is the latest, most visible step in that direction.</p>
<p>The post <a href="https://nrinews24x7.com/discover-swiggys-mums-choice-initiative/">Discover Swiggy&#8217;s Mum’s Choice Initiative</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>Pune&#8217;s Creator’s Fest: Celebrating Innovation and Entrepreneurship in India&#8217;s Digital Economy</title>
		<link>https://nrinews24x7.com/punes-creators-fest-celebrating-innovation-and-entrepreneurship-in-indias-digital-economy/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Tue, 25 Nov 2025 20:07:19 +0000</pubDate>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[creatror]]></category>
		<category><![CDATA[Digital]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Entrepreneurs]]></category>
		<category><![CDATA[Entreprenuership]]></category>
		<category><![CDATA[fest]]></category>
		<category><![CDATA[Innovation]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=179962</guid>

					<description><![CDATA[<p>PUNE: The SAP Media successfully hosted Pune’s First Creator’s Fest at Penthouze, Pune, bringing together 100+ creators, entrepreneurs, innovators, and leaders to celebrate India’s rapidly growing creator economy. Supported by industry partners, including Pune’s leading dermatology &#38; hair restoration clinic: Clear Skin &#38; Hair MD. Pune’s homegrown performance ecosystem transforming fitness, sport, and athletic lifestyles: Atenx and [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/punes-creators-fest-celebrating-innovation-and-entrepreneurship-in-indias-digital-economy/">Pune&#8217;s Creator’s Fest: Celebrating Innovation and Entrepreneurship in India&#8217;s Digital Economy</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
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<p class="wp-block-paragraph"><strong>PUNE: </strong>The SAP Media successfully hosted Pune’s First Creator’s Fest at Penthouze, Pune, bringing together 100+ creators, entrepreneurs, innovators, and leaders to celebrate India’s rapidly growing creator economy. Supported by industry partners, including Pune’s leading dermatology &amp; hair restoration clinic: <strong>Clear Skin &amp; Hair MD</strong>. Pune’s homegrown performance ecosystem transforming fitness, sport, and athletic lifestyles: <strong>Atenx and Atenx Sports</strong>. The creative backbone behind SAP Media’s biggest projects, known for photography &amp; production: <strong>The</strong> <strong>PAC Studios</strong> and <strong>Lotus Events</strong>, the fest marked a major milestone in strengthening Pune’s digital and creative ecosystem.<br><br>The event featured an inspiring lineup of speakers across multiple categories. The D2C &amp; Hospitality panel brought valuable insights from <strong>Siddhant Bhalinge</strong> (Founder &amp; CEO of Ugaoo) and <strong>Kunal Mhaske</strong> (Founder &amp; Managing Director of Grandeur Hotels). The Beauty, Travel &amp; Lifestyle panel included <strong>Naina Ahluwalia</strong>, <strong>Dr. Nikita Mittal</strong>, and <strong>Palak Shettiwar,</strong> while the Regional Content panel highlighted Pune’s emerging voices — <strong>Shardul Kadam</strong>, <strong>Chaitanya Deshpande</strong> (Saadha Manus), and special guest <strong>Charul Deshpande</strong>. All panels were hosted by <strong>Sudakshana Chatla</strong>, Founder of The SAP Media.<br><br>India’s creator economy is now worth over USD 2.5 billion and growing rapidly. With the Prime Minister’s initiatives promoting digital entrepreneurship and global platforms building tools specifically for Indian creators, the future is wide open for talented, ambitious creators. Also, Pune’s creator community has remained scattered, with no single platform that brings everyone together, encourages collaboration, or helps local talent gain national recognition.<br><br>The fest aimed to:</p>



<ul class="wp-block-list">
<li>Strengthen Pune’s creator ecosystem</li>



<li>Open doors for collaboration among brands, creators &amp; entrepreneurs</li>



<li>Provide insights from leading industry voices</li>



<li>Educate &amp; inspire the next generation of digital talent</li>



<li>Highlight Pune as a rising cultural hub for creators</li>
</ul>
<p>The post <a href="https://nrinews24x7.com/punes-creators-fest-celebrating-innovation-and-entrepreneurship-in-indias-digital-economy/">Pune&#8217;s Creator’s Fest: Celebrating Innovation and Entrepreneurship in India&#8217;s Digital Economy</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>Former Defence Secretary Dr. Ajay Kumar’s MGF-Kavachh India’s First VC Fund Announces Its First Close At Over 100% Of Its Targeted Corpus</title>
		<link>https://nrinews24x7.com/former-defence-secretary-dr-ajay-kumars-mgf-kavachh-indias-first-vc-fund-announces-its-first-close-at-over-100-of-its-targeted-corpus/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Wed, 24 Jul 2024 11:05:58 +0000</pubDate>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Entreprenuership]]></category>
		<category><![CDATA[MGF-Kavachh]]></category>
		<category><![CDATA[Startup]]></category>
		<category><![CDATA[VC Fund]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=173620</guid>

					<description><![CDATA[<p>MGF-Kavachh is India’s first VC Fund Focused on Supporting Startups at the Forefront of Indigenizing Critical Technologies in Areas of National Importance NEW DELHI: A first-of-its-kind, MountTech Growth Fund or MGF-Kavachh by former Defence Secretary Dr. Ajay Kumar, along with three co-founders, is specifically tailored to nurture startups that drive advancements in deep-tech and strategic [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/former-defence-secretary-dr-ajay-kumars-mgf-kavachh-indias-first-vc-fund-announces-its-first-close-at-over-100-of-its-targeted-corpus/">Former Defence Secretary Dr. Ajay Kumar’s MGF-Kavachh India’s First VC Fund Announces Its First Close At Over 100% Of Its Targeted Corpus</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
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<p class="has-text-align-center wp-block-paragraph" style="font-size:24px"><em>MGF-Kavachh is India’s first VC Fund Focused on Supporting Startups at the Forefront of Indigenizing Critical Technologies in Areas of National Importance</em></p>



<p class="wp-block-paragraph"><strong>NEW DELHI:</strong> A first-of-its-kind, MountTech Growth Fund or MGF-Kavachh by former Defence Secretary Dr. Ajay Kumar, along with three co-founders, is specifically tailored to nurture startups that drive advancements in deep-tech and strategic sectors, ensuring the indigenization of critical technologies, products, and services essential for India’s national security and technological leadership.</p>



<p class="wp-block-paragraph">Dr. Kumar, who has been instrumental in steering many of India&#8217;s technology and defense-related policy reforms, now spearheads MGF-Kavachh as its Founder and Chairman.</p>



<p class="wp-block-paragraph">&#8220;<em>India stands at a pivotal moment, with an unparalleled opportunity to leverage its strengths amid evolving global dynamics. MGF-Kavachh aims to catalyze this growth by focusing on local innovation and the indigenization of critical technologies in areas of national importance. MGF-Kavachh will nurture promising start-ups working at the intersection of innovation, space, aerospace, deep technology, and India’s &#8216;Atmanirbhar&#8217; agenda while solving its strategic needs across sectors like National Security, Defence and Aerospace, and Digital Communication</em>s,&#8221; <strong>stated Dr. Kumar.</strong></p>



<p class="wp-block-paragraph">Since receiving SEBI approval in January 2024, MGF-Kavachh has swiftly garnered commitments surpassing its planned corpus size of ₹250 crores. The fund has declared its first close at over  100% of its targetted corpus reflecting the strong confidence and interest from investors and institutions in the thesis as well as the MGF-Kavachh team. It will now be using its green-shoe option of another ₹250 crores before its final closure.</p>



<p class="wp-block-paragraph">An exceptional team backs the fund, with Air Chief Marshal RKS Bhadauria (Rtd.) Vice Admiral SN Ghormade (Rtd.), and Lt. General Dr Anil Kapoor on the Strategy and Oversight Board, among other notable names. The Advisory Council comprises eminent experts and professionals who passionately share MGF-Kavachh’s vision of a “Stronger India Safer World” and includes Smita Purshottam, IFS (Rtd.), Ex Indian Ambassador to Switzerland and Venezuela and Founder of SITARA; Gani Subramaniam, Founding and Managing Partner Yali Capital; Dr. Manan Suri, Prof. IIT Delhi; Binay Kumar Singh, IPS (Rtd.), Ex DGP Chhattisgarh, Ex Intelligence Bureau Veteran; Ravi Singh, a versatile and respected deep tech Investor, Arvind Lakshmikumar, deep tech entrepreneur and founder Tonbo Imaging; Dr. Vinod Agarwal, a renowned semi-conductor expert, tech investor and serial entrepreneur from the Silicon Valley, Dr. Pratyush Kumar – Tech Investor, and Former Head – Boeing South Asia and Vish Sahasranamam – Co-founder of Forge Innovation and Ventures – a leading private incubator of India.</p>



<p class="wp-block-paragraph"> Former senior telecom industry executive Mr. Raj Sethia is a co-founder and Managing Partner and leads a small but exceptional team of professionals. He brings with him a deep understanding of business, finance, and technology, a rare combination.</p>



<p class="wp-block-paragraph">The fund’s focus on IP and technology-driven businesses aims to transform India into a hub of strategic and technological excellence in the space, aerospace, and deep-tech sectors.&nbsp;</p>



<p class="wp-block-paragraph">“<em>The Fund’s strategy is built on four pillars: rigorous gatekeeping, robust portfolio construction, a unique acceleration platform for its investees, and a razor-sharp execution focus</em>,” expressed<strong> Raj Sethia, Founder and Managing Partner at Kavachh.</strong></p>



<p class="wp-block-paragraph">“<em>Self-reliance in strategic sectors is an existential need for the country and a lucrative opportunity for investors</em>,”<strong> shared Suryakant Dalmia, Co-Founder at MGF-Kavachh.</strong></p>



<p class="wp-block-paragraph">&#8220;<em>MGF-Kavachh, with its focus, credibility, and platform, will be the first port-of-call for founders, co-investors, institutions, and eco-system players</em>,”, <strong>shared Abhinav Munshi, Co-Founder at Kavachh.</strong></p>
<p>The post <a href="https://nrinews24x7.com/former-defence-secretary-dr-ajay-kumars-mgf-kavachh-indias-first-vc-fund-announces-its-first-close-at-over-100-of-its-targeted-corpus/">Former Defence Secretary Dr. Ajay Kumar’s MGF-Kavachh India’s First VC Fund Announces Its First Close At Over 100% Of Its Targeted Corpus</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>Why do Start-ups Need A Dedicated CRM To Optimise Data?</title>
		<link>https://nrinews24x7.com/why-do-start-ups-need-a-dedicated-crm-to-optimise-data/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Wed, 24 Jul 2024 09:59:07 +0000</pubDate>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[CRM]]></category>
		<category><![CDATA[Data]]></category>
		<category><![CDATA[Entreprenuership]]></category>
		<category><![CDATA[Start-Up]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=173591</guid>

					<description><![CDATA[<p>By Sharad Goyal, Founder of Entera In the world of start-ups, managing data is crucial for success. As these young companies grow, the amount and complexity of their data can quickly become overwhelming. That is where a dedicated Customer Relationship Management (CRM) system comes in handy. It helps start-ups streamline their operations, improve customer interactions, [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/why-do-start-ups-need-a-dedicated-crm-to-optimise-data/">Why do Start-ups Need A Dedicated CRM To Optimise Data?</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
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<p class="wp-block-paragraph"><strong>By Sharad Goyal, Founder of Entera</strong></p>



<p class="wp-block-paragraph">In the world of start-ups, managing data is crucial for success. As these young companies grow, the amount and complexity of their data can quickly become overwhelming. That is where a dedicated Customer Relationship Management (CRM) system comes in handy. It helps start-ups streamline their operations, improve customer interactions, and ultimately drive growth. Let’s dive into why a dedicated CRM is essential for optimizing data in a start-up.</p>



<p class="wp-block-paragraph"><strong>Centralized Data Management</strong><strong></strong></p>



<p class="wp-block-paragraph">One of the biggest advantages of having a CRM system is centralizing all your data. Many start-ups juggle data across spreadsheets, emails, and various tools. This makes it tough to access and manage information efficiently. A CRM pulls all customer information, interactions, and transactions together. This means everyone in your organization has access to the most up-to-date and accurate data, which makes decision-making and collaboration so much easier.</p>



<p class="wp-block-paragraph"><strong>Better Customer Insights</strong><strong></strong></p>



<p class="wp-block-paragraph">Understanding your customers is key to building strong relationships, especially for start-ups. A CRM collects and analyses customer data, providing valuable insights into their buying patterns, preferences, and feedback. With this information, start-ups can tailor their marketing strategies, improve customer service, and develop products that meet customer needs. By leveraging CRM data, you can create personalized experiences that foster loyalty and encourage repeat business.</p>



<p class="wp-block-paragraph"><strong>Boosted Efficiency and Productivity</strong></p>



<p class="wp-block-paragraph">Manually entering data and dealing with scattered information can be incredibly time-consuming and prone to errors. A dedicated CRM automates many routine tasks like data entry, follow-up reminders, and reporting. This automation reduces errors and frees up time for your team to focus on more strategic activities. Plus, CRM systems often come with features like workflow automation and task management, which streamline processes and boost overall productivity. For start-ups with limited resources, these efficiency gains are a game-changer.</p>



<p class="wp-block-paragraph"><strong>Better Sales Management</strong></p>



<p class="wp-block-paragraph">Managing the sales pipeline is crucial for start-ups aiming for growth. A CRM provides tools for tracking leads, managing opportunities, and monitoring the sales process from prospecting to closing. This visibility allows sales teams to prioritize their efforts, identify bottlenecks, and ensure no opportunities fall through the cracks. Plus, CRM analytics help you forecast sales trends and set realistic targets, making strategic planning much more informed.</p>



<p class="wp-block-paragraph"><strong>Improved Customer Retention</strong></p>



<p class="wp-block-paragraph">Retaining customers is often more cost-effective than acquiring new ones. A CRM helps maintain strong relationships with existing customers by keeping track of all their interactions, preferences, and history. With this information at your fingertips, you can provide timely and personalized communication, anticipate customer needs, and address issues before they escalate. By fostering positive relationships, a CRM can significantly boost customer satisfaction and retention rates.</p>



<p class="wp-block-paragraph"><strong>Scalable Growth</strong></p>



<p class="wp-block-paragraph">As start-ups grow, their data management needs become more complex. A dedicated CRM is designed to scale with your business, handling an increasing volume of data and more sophisticated requirements. This scalability ensures you can continue operating efficiently as you expand. Plus, many CRM systems integrate with other business tools and platforms, allowing you to build a cohesive technology stack that supports your evolving needs.</p>



<p class="wp-block-paragraph"><strong>Data-Driven Decision Making</strong></p>



<p class="wp-block-paragraph">In today’s competitive business environment, making data-driven decisions is essential. A CRM provides the data and analytics needed to understand your performance, identify trends, and make informed decisions. With real-time access to key metrics and reports, you can quickly adapt to changes, optimize your strategies, and stay ahead of the competition.</p>



<p class="wp-block-paragraph">To sum up, a dedicated CRM system is a must-have tool for start-ups looking to optimize their data and drive growth. By centralizing data, providing valuable insights, enhancing efficiency, and supporting scalable growth, a CRM empowers start-ups to build stronger customer relationships and make informed decisions. In a world where data is a key competitive advantage, investing in a CRM is a strategic move that can set your start-up on the path to long-term success.</p>
<p>The post <a href="https://nrinews24x7.com/why-do-start-ups-need-a-dedicated-crm-to-optimise-data/">Why do Start-ups Need A Dedicated CRM To Optimise Data?</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>Startups&#8217; Role In Skilling Initiatives Ahead Of Global Unicorn Summit 2024</title>
		<link>https://nrinews24x7.com/startups-role-in-skilling-initiatives-ahead-of-global-unicorn-summit-2024/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Wed, 24 Jul 2024 09:40:39 +0000</pubDate>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[2024]]></category>
		<category><![CDATA[Entreprenuership]]></category>
		<category><![CDATA[Global]]></category>
		<category><![CDATA[Startup]]></category>
		<category><![CDATA[Summit]]></category>
		<category><![CDATA[Unicorn]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=173586</guid>

					<description><![CDATA[<p>MUMBAI: Jai Chechani, Managing Director of Bluechip Encore &#38; Avoke Foods and Curator of the Global Unicorn Summit, emphasizes, how the pivotal role startups can play in shaping new courses aligned with industry needs. By collaborating with educational institutions, startups can provide invaluable insights into the skills required in the market, ensuring that course content [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/startups-role-in-skilling-initiatives-ahead-of-global-unicorn-summit-2024/">Startups&#8217; Role In Skilling Initiatives Ahead Of Global Unicorn Summit 2024</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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<p class="wp-block-paragraph"><strong>MUMBAI:</strong> Jai Chechani, Managing Director of Bluechip Encore &amp; Avoke Foods and Curator of the Global Unicorn Summit, emphasizes, how the pivotal role startups can play in shaping new courses aligned with industry needs. By collaborating with educational institutions, startups can provide invaluable insights into the skills required in the market, ensuring that course content is relevant and practical. It can also lead to a workforce that is better prepared for the challenges of modern industries.</p>



<p class="wp-block-paragraph">Jai Chechani further highlights that this synergy between startups and educational bodies will result in a more dynamic and responsive educational system, capable of adapting to the rapid pace of technological and market changes. He believes collaboration between startups, the government, and industry is crucial to maximizing the benefits of skilling initiatives, as startups can offer internships, mentorships, and training programs, while the government can facilitate funding and resources.</p>



<p class="wp-block-paragraph">These insightful perspectives from Jai Chechani set the stage for the upcoming Global Unicorn Summit 2024, scheduled for August 24, 2024, in Bengaluru. The upcoming summit, in partnership with Zee Business and WION, will bring together over 500 industry leaders to delve into crucial topics such as disrupting marketplaces, the fintech revolution, and the transformative potential of Web3, blockchain, and crypto innovations, etc.</p>
<p>The post <a href="https://nrinews24x7.com/startups-role-in-skilling-initiatives-ahead-of-global-unicorn-summit-2024/">Startups&#8217; Role In Skilling Initiatives Ahead Of Global Unicorn Summit 2024</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>Budget Quote: Rohit Mali Director Firefly Fire Pumps</title>
		<link>https://nrinews24x7.com/budget-quote-rohit-mali-director-firefly-fire-pumps/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Wed, 24 Jul 2024 03:43:02 +0000</pubDate>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Budget]]></category>
		<category><![CDATA[Entreprenuership]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[MSME]]></category>
		<category><![CDATA[Viksit Bharat]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=173458</guid>

					<description><![CDATA[<p>Rohit Mali, Director, Firefly Fire Pumps&#160;commented “I am thrilled with the Budget 2024-2025 announcements that demonstrate a visionary commitment to MSMEs and labor-intensive manufacturing, essential pillars for India&#8217;s economic growth. The comprehensive package of financial, regulatory, and technological support signals a transformative era for MSMEs, enabling them to scale operations and compete globally. &#160;Moreover, the [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/budget-quote-rohit-mali-director-firefly-fire-pumps/">Budget Quote: Rohit Mali Director Firefly Fire Pumps</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
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<p class="wp-block-paragraph"><strong><em>Rohit Mali, Director, Firefly Fire Pumps</em></strong><em>&nbsp;commented “I am thrilled with the Budget 2024-2025 announcements that demonstrate a visionary commitment to MSMEs and labor-intensive manufacturing, essential pillars for India&#8217;s economic growth. The comprehensive package of financial, regulatory, and technological support signals a transformative era for MSMEs, enabling them to scale operations and compete globally.</em></p>



<p class="wp-block-paragraph"><em>&nbsp;Moreover, the Credit Guarantee Scheme for MSMEs in manufacturing, leveraging digital footprints for credit assessment, and measures to support MSMEs during stress periods are game changers that will foster innovation, expand access to credit, and sustain entrepreneurial resilience. Enhancements in Mudra Loans, mandatory onboarding on TReDS, and SIDBI branch establishments in MSME clusters will unlock working capital, improve credit access, and extend critical support nationwide.</em></p>



<p class="wp-block-paragraph"><em> In essence, this budget lays down a robust roadmap for MSMEs, propelling us toward the vision of ‘Viksit Bharat’. We at Firefly Fire Pumps are excited to align our efforts with these initiatives, fostering an environment where MSMEs can thrive and contribute significantly to India&#8217;s economic renaissance.”</em></p>
<p>The post <a href="https://nrinews24x7.com/budget-quote-rohit-mali-director-firefly-fire-pumps/">Budget Quote: Rohit Mali Director Firefly Fire Pumps</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>Five Hidden Areas of Revenue Optimization For Startups</title>
		<link>https://nrinews24x7.com/five-hidden-areas-of-revenue-optimization-for-startups/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Tue, 16 Jul 2024 17:45:25 +0000</pubDate>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Entreprenuership]]></category>
		<category><![CDATA[Revenue]]></category>
		<category><![CDATA[Startups]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=173389</guid>

					<description><![CDATA[<p>Startups need to optimize their revenue, as they often operate with limited resources and try to get the most out of each coin they earn. Startups generally encounter severe competition, rapidly changing market dynamics and the need for investors’ attraction through growth demonstration. An efficient strategy of revenue optimization can mean a business success or [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/five-hidden-areas-of-revenue-optimization-for-startups/">Five Hidden Areas of Revenue Optimization For Startups</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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<p class="wp-block-paragraph">Startups need to optimize their revenue, as they often operate with limited resources and try to get the most out of each coin they earn. Startups generally encounter severe competition, rapidly changing market dynamics and the need for investors’ attraction through growth demonstration. An efficient strategy of revenue optimization can mean a business success or failure.<br>Most startups tend to concentrate on conventional strategies, which include pricing adjustments and sales growth, but some hidden areas have been overlooked by many that can bring in significant amounts of revenue. These areas offer new opportunities for growth and profitability.<br><br><em>The following are a few hidden areas of revenue optimization that should not be overlooked:</em></p>



<p class="wp-block-paragraph"><strong>Human Capital Optimization</strong> <strong></strong></p>



<p class="wp-block-paragraph">As a startup, every resource counts, making it essential to ensure that employee productivity is optimized to the fullest. To maximize the impact of human capital, it is crucial to efficiently delegate tasks and maintain a centralized view of what everyone in the organization is doing. Startups can also leverage data-driven approaches to optimize their sales force and capture the highest possible revenues. This involves customer segmentation, workload mapping, and task automation. In the fast-paced and resource-constrained environment of a startup, every employee&#8217;s contribution counts.</p>



<p class="wp-block-paragraph"><strong>Data-Driven Decision Making</strong></p>



<p class="wp-block-paragraph">Another area that has gone unnoticed by many startups, resulting in a loss of potential revenues, is data-driven decision-making. Most startups rely heavily on intuition instead of using the wealth of information available while making key decisions about their business. Many startups also collect data but don&#8217;t know how to use it effectively to guide decision-making. Startups can rely on trusted third-party software to better manage costs while also using the data that is readily available to them. This can be seen as an investment, but a necessary one. According to the Big Data and Artificial Intelligence survey conducted in 2019 by NewVantage Partners, 92% of leading businesses are investing in big data and AI initiatives to drive innovation. By developing robust data models for analyzing customer potential, buying behavior, and market trends, startups can make better choices concerning target segments, pricing policies, and resource allocation.</p>



<p class="wp-block-paragraph"><strong>CRM Integration for Enhanced Customer Engagement- </strong>&nbsp;<strong></strong></p>



<p class="wp-block-paragraph">Another way a startup can increase its income is by taking advantage of advanced Customer Relationship Management (CRM) strategies. CRM is a business strategy that manages a company&#8217;s interactions with current and potential customers. For startups, CRM is crucial because it helps them understand and profile their customers better. It enables startups to tailor their marketing efforts, sales strategies, and customer service to meet the specific needs and preferences of their target audience. By leveraging CRM, startups can gain a 360-degree view of customers, personalize marketing and sales, improve customer service, enhance sales forecasting, and streamline operations. CRM simplifies customer interaction and provides important data insights, enabling startups to streamline sales activities, improve client engagement, and generate untapped opportunities for revenue growth.</p>



<p class="wp-block-paragraph"><strong>Supply Chain Optimization</strong></p>



<p class="wp-block-paragraph">Another hidden avenue of profit maximization for startups is the optimization of their supply chain. Inefficient management of the supply chain can lead to stock-outs, late deliveries, and increased costs which impact directly revenue. Startups must carry out a thorough analysis of their supply chain, identify bottleneck areas, and implement measures to enhance efficiencies such as just-in-time inventory management, supplier diversification, and process automation among others. Through optimizing its supply chain, a startup will cut down on costs, develop better customer relationships, and ultimately boost its revenues.</p>



<p class="wp-block-paragraph"><strong>Sourcing and Procurement</strong></p>



<p class="wp-block-paragraph">How start-ups source or procure materials, services or other resources could make a significant difference in their incomes. Poor sourcing practices may result in higher costs and poor quality products being delivered late thus eating into profitability margins. New businesses should carefully evaluate their sourcing strategies using data analytics and market intelligence tools to find out about the most economical and dependable suppliers. By doing this, start-ups can optimize their sourcing processes and decrease operational expenses thus improving overall financial performance.</p>



<p class="wp-block-paragraph"><strong>Pricing and Monetization</strong></p>



<p class="wp-block-paragraph">The last thing that needs to be considered by a start-up is the way it prices its products or services. Many startups face the challenge of striking a balance between pricing that attracts customers and pricing that maximizes the potential for revenue generation. Startups can leverage data analytics and specialized tools to develop sophisticated pricing strategies. By analyzing customer data, startups can gain insights into willingness to pay, price sensitivity, and perceived value. Web analytics and surveys provide behavioral data to segment customers and tailor pricing. Pricing optimization software can analyze sales, trends, and factors to recommend the optimal approach.</p>



<p class="wp-block-paragraph">To sum up, while startups focus on traditional revenue optimization strategies, many hidden areas affect their financial viability in large measures. Start-ups can generate growth in revenues and long-term sustainability through human capital optimization, data-driven decision-making, CRM integration, supply chain efficiency sourcing and procurement, and pricing and monetization.</p>
<p>The post <a href="https://nrinews24x7.com/five-hidden-areas-of-revenue-optimization-for-startups/">Five Hidden Areas of Revenue Optimization For Startups</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>2 Pune Based Companies Win Big At The Fourth Edition Of Tally MSME Honours</title>
		<link>https://nrinews24x7.com/2-pune-based-companies-win-big-at-the-fourth-edition-of-tally-msme-honours/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Fri, 12 Jul 2024 10:53:12 +0000</pubDate>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[company]]></category>
		<category><![CDATA[entreprenuer]]></category>
		<category><![CDATA[Entreprenuership]]></category>
		<category><![CDATA[MSME]]></category>
		<category><![CDATA[Tally]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=173308</guid>

					<description><![CDATA[<p>PUNE: Tally Solutions, a leading technology company innovating solutions for small and medium enterprises globally, announced the winners of the fourth edition of ‘MSME Honours’ across India. In its fourth edition, Tally MSME Honours, supported by DBS (Development Bank of Singapore Limited) Bank and MyBiz by MakeMyTrip, recognized 100 MSMEs across India. Two companies from [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/2-pune-based-companies-win-big-at-the-fourth-edition-of-tally-msme-honours/">2 Pune Based Companies Win Big At The Fourth Edition Of Tally MSME Honours</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
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<p class="wp-block-paragraph"><strong>PUNE:</strong> Tally Solutions, a leading technology company innovating solutions for small and medium enterprises globally, announced the winners of the fourth edition of <strong>‘</strong><strong>MSME Honours</strong><strong>’</strong> across India. In its fourth edition, Tally MSME Honours, supported by DBS (Development Bank of Singapore Limited) Bank and MyBiz by MakeMyTrip, recognized 100 MSMEs across India. Two companies from Pune including Genesis Tech Engineers Pvt Ltd, and Konnect Consultancy Services Pvt Ltd triumphed amongst 19,000+ global nominations this year.</p>



<p class="wp-block-paragraph">Tally MSME Honours is an annual initiative to recognize businesses and entrepreneurs for their contribution to the economic advancement of the nation. The honors recognize and celebrate the diversity and the positive impact of MSMEs through their best practices at the grassroots level. A platform to reckon with which is also being supported by several renowned organizations, this year the initiative reached the length &amp; breadth of the country and honored businesses from remote and smaller regions like Unnao, Agartala, Vapi, and Asansol amongst others. This is a true testament to MSME Honours being an inclusive recognition platform to ensure that the real impact makers across the tiers of cities, segments, and the unsung heroes driving the economy are celebrated. These honors are given out once a year on the occasion of International MSME Day and apply to all types of businesses with a turnover of fewer than 250 crores and a valid GSTIN.</p>



<p class="wp-block-paragraph">Shubham Patil from Genesis Tech Engineers Pvt Ltd is honored in the ‘New Gen Icon’ category. The company specializes in MEP (Mechanical, Electrical, Piping) system design for a diverse range of industries, including semiconductor infrastructure, energy sector power plants, solar infrastructure, transportation, space, and chemical-oil-gas designs. Genesis Tech Engineers provides MEP design validations, ensuring compliance with engineering standards and local government policies. The company also offers comprehensive project management solutions, aiming to deliver projects within agreed timelines. Their Special Project R&amp;D Department focuses on innovation and automation, tackling complex engineering challenges.</p>



<p class="wp-block-paragraph">Kavita Chakraborty from Konnect Consultancy Services Pvt Ltd is honored in the ‘Wonder Woman’ category. The company delivers comprehensive financial services—bookkeeping, taxation, and payroll—primarily to the export sector. Utilizing both online and traditional sales channels, the firm has achieved steady growth, expanding its client base and enhancing customer satisfaction.</p>



<p class="wp-block-paragraph">Celebrated across four zones (East, West, North, and South) of the country, the honors were given across 5 categories:</p>



<ul class="wp-block-list">
<li><strong>Wonder Woman</strong>: Recognizing women who have overcome challenges to establish thriving businesses, inspiring others in the process.</li>



<li><strong>Business Maestro</strong>: Celebrating seasoned professionals whose expertise and resilience serve as guiding beacons for aspiring entrepreneurs, laying the groundwork for enduring success.</li>



<li><strong>New Gen Icon:</strong> Highlighting startups as dynamic leaders in the business landscape, pioneering fresh solutions to age-old challenges, and carving out new paths for growth.</li>



<li><strong>Tech Transformer</strong>: Honoring businesses at the forefront of technological advancement, leveraging digital tools to drive efficiency and effectiveness in their operations.</li>



<li><strong>Champion of Cause</strong>: Acknowledging champions who prioritize the global well-being of MSMEs, making significant contributions towards fostering a more sustainable and inclusive business environment.</li>
</ul>
<p>The post <a href="https://nrinews24x7.com/2-pune-based-companies-win-big-at-the-fourth-edition-of-tally-msme-honours/">2 Pune Based Companies Win Big At The Fourth Edition Of Tally MSME Honours</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>Udyog Plus Emerges As A Strong MSME Lending Platform</title>
		<link>https://nrinews24x7.com/udyog-plus-emerges-as-a-strong-msme-lending-platform/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Thu, 27 Jun 2024 06:52:52 +0000</pubDate>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Aditya]]></category>
		<category><![CDATA[Birla]]></category>
		<category><![CDATA[capital]]></category>
		<category><![CDATA[Entreprenuership]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Lend]]></category>
		<category><![CDATA[MSME]]></category>
		<category><![CDATA[Platform]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=173180</guid>

					<description><![CDATA[<p>Facilitating access to finance in two minutes for MSMEs, over 8 lakh registrations, and ₹500 crores disbursed in nine months MUMBAI: Udyog Plus, a B2B platform from Aditya Birla Finance Limited (“ABFL”), the lending subsidiary of Aditya Birla Capital Limited (“ABCL”), is capitalizing on its growth trend. Within nine months of its launch, the platform has [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/udyog-plus-emerges-as-a-strong-msme-lending-platform/">Udyog Plus Emerges As A Strong MSME Lending Platform</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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<p class="has-text-align-center wp-block-paragraph" style="font-size:24px"><em>Facilitating access to finance in two minutes for MSMEs, over 8 lakh registrations, and ₹500 crores disbursed in nine months</em></p>



<p class="wp-block-paragraph"><strong>MUMBAI:</strong> Udyog Plus, a B2B platform from Aditya Birla Finance Limited (“ABFL”), the lending subsidiary of Aditya Birla Capital Limited (“ABCL”), is capitalizing on its growth trend. Within nine months of its launch, the platform has attracted <strong>over 8 lakh</strong> users, highlighting its strong acceptance in the MSME sector.  ABFL has played a major role in facilitating access to finance in two minutes for MSMEs.</p>



<p class="wp-block-paragraph">Udyog Plus has facilitated loan disbursements exceeding&nbsp;<strong>₹500 crore</strong>, with the Aditya Birla Group (ABG) ecosystem contributing about two-thirds of this amount. The platform manages an AUM of around&nbsp;<strong>₹250 crore</strong>, serving various lending needs, including unsecured business loans, merchant loans, supply chain finance, and working capital solutions. Additionally, many customers use Udyog Plus to access insurance solutions along with loans.</p>



<p class="wp-block-paragraph">ABFL is expanding Udyog Plus within the ABG ecosystem and reaching a broader MSME audience. The platform has partnered with major ecosystems such as e-commerce and digital platforms, business management platforms, and Digital Public Infrastructure like OCEN and ONDC. These partnerships enhance the platform’s offerings and reach.</p>



<p class="wp-block-paragraph">Udyog Plus also provides value-added services such as business networking, digital commerce, and applications for accounting and payroll, helping MSMEs streamline their operations. The platform, including its mobile app, offers a complete digital journey from underwriting to collections, ensuring a seamless financing experience.</p>



<p class="wp-block-paragraph">As Udyog Plus continues to expand, ABFL remains committed to delivering sustainable returns and enhancing its capacity to serve MSMEs. This growth aligns with the increasing credit disbursement trend to micro, small, and medium-sized enterprises<em>.</em></p>



<p class="wp-block-paragraph">Recently, it has been observed that the MSME sector in India is experiencing a credit boom, with credit to micro and small enterprises growing by 18.6% to ₹19.64 lakh crore in April 2024 compared to the previous year. Similarly, credit to medium-sized organizations also jumped by 16.5% during the same period.</p>
<p>The post <a href="https://nrinews24x7.com/udyog-plus-emerges-as-a-strong-msme-lending-platform/">Udyog Plus Emerges As A Strong MSME Lending Platform</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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