Startup

Saswat Finance Secures $2.6 Million to Empower Rural India with Fintech Solutions

Saswat Finance, a Mumbai-based fintech startup, has raised $2.6 million in a funding round led by Ankur Capital, with participation from existing investor Incubate Fund Asia. The company aims to enhance financial inclusion in rural India by providing accessible and affordable financial services to underserved communities. Company Overview Mission and Vision Founded in 2021 by Arun Tiwari…
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BusinessNews

Karnataka to Introduce 1-2% Transaction Fee on Food and Ride-Share Apps

The Karnataka government is set to impose a new transaction fee on popular aggregator platforms like Zomato, Swiggy, Uber, and others. This move aims to support the welfare of gig workers in the state. What You Need to Know About the New Fee Karnataka’s Labour Minister, Santosh Lad, announced that a small cess—ranging from 1% to 2%—will be charged on every transaction made through these…
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BusinessNews

Consumer Court Orders Decathlon to Pay ₹35,000 for Delivery Failure

In a recent ruling, the District Consumer Disputes Redressal Commission in Dakshina Kannada, Karnataka, has ordered popular sportswear retailer Decathlon to compensate a customer ₹35,000 for failing to deliver a pair of trousers worth ₹1,399. This decision highlights the importance of customer service and accountability in the retail sector. The Case of Mohith: A Customer’s Ordeal The case…
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BusinessNews

From yoga mats to fitness items: how this business person scaled his business to clock Rs 30 Cr turnover in two years

Being fit is significant for everybody. Quarter century old business person Pallav Bihani understood this very early when he experienced a slip plate while in school, just before his board tests. In a communication with SMBStory, he says, “I was 105 kilograms and I understood that I should begin a wellness system to remain solid. In the principal year of my school, I hit the exercise center and…
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