The early investment firm has raised its third fund of over $300 million this month and will focus on Indian start-ups in emerging sectors.
The transactions platform has a well-crafted business built around its payment gateway model and has multiple value streams for their customers (the merchants).
Questions have been raised over the effectiveness of the 59-minute loan scheme, where loans up to ₹1 crore are available to MSMEs.
Amar Nagaram, a Flipkart executive, is now. likely to lead Myntra-Jabong
The primary objective of the policy is upping India's agricultural exports from the present $30 billion to $100 billion in the near future.
Procurements from MSMEs by CPSUs has been upped to 25 per cent from the 20 per cent it was earlier.