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Opportunity India Desk Jan 18 2024 - 3 min readFintech firm CredAble and Aditya Birla Finance Limited (ABFL) have joined hands to transform MSME lending in the country with the utilization of technology and advanced analytics. Over the past six months, ABFL has experienced a surge in lead flow, with approximately 80,000 leads generated through CredAble's solution. This collaboration has ...
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Opportunity India Desk Jan 18 2024 - 2 min readThe Bihar Cabinet has sanctioned financial aid of INR 2 lakh for nearly 94 lakh families with a monthly income of INR 6,000 or less, endorsing entrepreneurship and self-employment through the Bihar Small Entrepreneur Scheme. The decision is based on a caste-based survey report, revealing that 94,33,312 families in Bihar fall within this ...
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Opportunity India Desk Jan 17 2024 - 3 min readInfinity Learn by Sri Chaitanya, Hybrid Learning platform has appointed Ravikanth Kanchibhotla as Head of Test Prep Segment, and Abhishek Chhabra as Head of K-10 Segment. These appointments mark a significant milestone for Infinity Learn, reinforcing its commitment to providing high-quality education and amplifying the learning experience for millions of learners nationwide.
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Opportunity India Desk Jan 17 2024 - 2 min readBenefiting from favorable incentives, India's electric vehicle ecosystem is set for rapid development, according to Anish Shah, Managing Director and CEO of Mahindra Group. Shah emphasized that the focus should be on pure electric vehicles rather than hybrid models, which he deemed a short-term solution. “Hybrids, introduced in 2000 in many ...
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Opportunity India Desk Jan 17 2024 - 2 min readNearly half of the 1,15,000 startups registered with the Department for Promotion of Industry and Internal Trade (DPIIT) are located in tier-II and tier-III cities, as of December 31, 2023. States such as Gujarat, Karnataka, Kerala, and Tamil Nadu have been identified as the "best performers" in promoting a conducive startup ecosystem for ...
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Opportunity India Desk Jan 17 2024 - 7 min readAs India is growing towards EV30@30 and government encouraging people to adopt electric vehicles, the country still majorly relies on imports for lithium-ion EV batteries. However, there is a growing push to support domestic EV industry development which is creating more opportunities and solution. BatX Energies are spearheading a transformative shift in the ...