B2c Model
Budget measures key trigger for consumer durable firms battling high prices
Any proposal to boost manufacturing, demand would help sector and listed companies
 "Budget measures key trigger for consumer durable firms battling high prices")
Rasna founder Areez Khambatta passes away at 85 due to cardiac arrest
He created affordable soft drink packs of Rasna in the 1970s as an alternative to soft drink products sold at high costs
 "Rasna founder Areez Khambatta passes away at 85 due to cardiac arrest")
Krsnaa Diagnostics enters B2C segment with chain of 600 diagnostic centres
Mainly a PPP and B2B player, the Pune-based chain offers disruptive pricing
 "Krsnaa Diagnostics enters B2C segment with chain of 600 diagnostic centres")
JSW sets ambitious goals for e-commerce business, eyes $20-bn GMV by FY32
Of the targeted $20 billion GMV by FY32, JSW products is expected to account for 65 per cent, the balance would be non-JSW
 "JSW sets ambitious goals for e-commerce business, eyes $20-bn GMV by FY32")
BigBasket FY22 revenue up 17% to Rs 7,119 cr, loss widens 4x to Rs 813 cr
BigBasket expects GMV to grow 30% to Rs 13,000 cr in FY23 with quick commerce push; will scale up offline stores from 90 to 695 in a year, will double footprint to 70 cities
 "BigBasket FY22 revenue up 17% to Rs 7,119 cr, loss widens 4x to Rs 813 cr")
Insurance market in India to grow rapidly, reach $222 bn by FY26: Report
According to homegrown firm Redseer, new online distribution models like business to consumer (B2C), business to business (B2B) and business to business to consumer (B2B2C) are key drivers of growth
 "Insurance market in India to grow rapidly, reach $222 bn by FY26: Report")
InsurTech models to help Indian insurance mkt hit $222 bn by FY26: Redseer
New online distribution models such as B2C, B2B and B2B2C are key drivers of growth, with B2C in particular, gaining significant opportunities.
 "InsurTech models to help Indian insurance mkt hit $222 bn by FY26: Redseer")
Indian digital-first brands have $250 bn opportunity by 2030: Report
The findings suggest that consumers opt for these new-age brands for their quality (and not only price) with significantly high repurchase willingness
 "Indian digital-first brands have $250 bn opportunity by 2030: Report")
Retail biz will give us brand identity and recall: Infra.Market co-founder
Infra.Market's co-founder talks about the company's future plans, including retail ambitions, plans to look at the capital markets and more
 "Retail biz will give us brand identity and recall: Infra.Market co-founder")
India's laundry market expected to grow to $15 billion by 2025: RedSeer
As seen after Covid, there is significant adoption of online services with more users transacting online, which is favouring the overall growth of online services.
 "India's laundry market expected to grow to $15 billion by 2025: RedSeer")
15 mn 'Covid Safety Essentials' sold across India on udaan during 2nd wave
From March onwards till the gradual decline of the second wave, a total of 6 million covid safety essentials were shipped to the states of Assam, West Bengal, Andhra Pradesh, and Bihar
 "15 mn 'Covid Safety Essentials' sold across India on udaan during 2nd wave")
Moglix raises $120 mn in funds, joins India's growing unicorn club
Industrial business-to-business company is the fourteenth Indian company this year to reach unicorn status
 "Moglix raises $120 mn in funds, joins India's growing unicorn club")
Printing of dynamic QR code on B2C invoices deferred till July 1
The government has deferred by three months till July 1 the requirement of printing dynamic QR code on B2C (business-to-consumer) invoices generated by businesses. Quick response code or QR code help users verify the details in the digitally signed e-invoice. In a notification, the Central Board of Indirect Taxes and Customs (CBIC) waived the amount of penalty payable by a registered person for non-compliance of provisions of dynamic QR code in B2C invoices till June 30, 2021, subject to the condition that businesses comply with the provisions from July 1, 2021. AMRG & Associates Senior Partner Rajat Mohan said large taxpayers having an aggregate turnover beyond Rs 500 crore would get relief from the said penalty waiver, which required the printing of a dynamic QR code on every B2C invoice. EY Tax Partner Abhishek Jain said, "Some of the clarifications on issues around B2C QR code were released by the government only a few weeks ago, leaving very limited time for the industry to .
 "Printing of dynamic QR code on B2C invoices deferred till July 1")
From Jan 1, e-invoicing mandatory for firms with turnover Rs 100 cr or more
Currently, e-invoicing is mandatory for companies with annual turnover of at least Rs 500 crore
 "From Jan 1, e-invoicing mandatory for firms with turnover Rs 100 cr or more")
Govt defers implementation of QR Code on B2C invoices till December1
Quick Response Code or QR Code help users verify the details in the digitally signed e-invoice
Amazon India bets on vernacular, voice & videos to help sellers boost sales
Amazon also announced its partnership with CII to conduct awareness workshops and training in pre-identified locations to enable small and medium businesses start their e-commerce journey.
 "Amazon India bets on vernacular, voice & videos to help sellers boost sales")
Govt concerned over fake invoicing in B2B trade impacting GST collections
He also asked the industry to contribute towards making India a USD 5 trillion economy.
 "Govt concerned over fake invoicing in B2B trade impacting GST collections")
How CleverTap's in-app solution is bringing product, marketing teams closer
The company currently offers a mobile marketing platform to app developers, with marketing automation across a wide variety of interactive media
 "How CleverTap's in-app solution is bringing product, marketing teams closer")
Charting a new path to growth
The shift from institutional sales to retail sales can overwhelm managers with little of the predictability or planning they are used to
 "Charting a new path to growth")
