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RBI's invoice discounting platform (TReDS), meant for easy access to credit for small businesses, has seen increased usage in the past year. This and more in today's ETtech Morning Dispatch.
Ram Iyer, Founder and CEO of trade finance platform Vayana Network, explains why MSMEs must also recognise the long-term consequences while looking at frictionless credit as an option.
From being an early player offering online payments to internet companies back in 2011, to facing severe competition from new-age startups such as Paytm and Razorpay, to a failed attempt to acquire Billdesk and facing a merchant acquisition embargo from the Reserve Bank of India, PayU has had a chequered history in India.
Around 20-30 per cent of the startups in Pune are dedicated to the digital economy and the G20 The Digital Economy Working Group meeting beginning Monday looks to tap into this potential.
An undergraduate degree from new-age schools can cost ₹25-40 lakh. The payback is beyond jobs.New liberal arts schools are pricey. An undergraduate degree at schools such as Ashoka, Krea, Flame or JGU will be 6 to 10 times more expensive than courses at the Delhi University.