Page 3 - Digital
B2B player Solv crosses Rs 1,200 cr transaction run rate with 100,000 MSMEs
The pureplay marketplace plans to triple transaction volumes on its platform in 12 months, on the back of a robust KYC-verified MSME customer base
 "B2B player Solv crosses Rs 1,200 cr transaction run rate with 100,000 MSMEs")
Tech Mahindra Q2 net up 26% YoY to Rs 1,339 cr, down slightly sequentially
Firm announces two acquisition in digital space
 "Tech Mahindra Q2 net up 26% YoY to Rs 1,339 cr, down slightly sequentially")
Indian companies to raise Rs 75,000 cr via IPOs in next 6 months, says KPMG
A lot of money printed during the Trump administration is invariably finding its way to the stock markets globally and India is one of the beneficiaries, says a KPMG executive
 "Indian companies to raise Rs 75,000 cr via IPOs in next 6 months, says KPMG")
Ananth Narayanan-led Mensa Brands invests in 10 fashion and beauty brands
Over the next three years, Mensa will acquire over 50 brands across categories including home, garden, apparel, personal care, and beauty
 "Ananth Narayanan-led Mensa Brands invests in 10 fashion and beauty brands")
Indian IT's Q2 results to reflect growing digital transformation demand
Key metric to watch will be TCV wins, and attrition
 "Indian IT's Q2 results to reflect growing digital transformation demand")
DMI Alternatives raises $40 mn for investing in digital finance ecosystem
The firm's Sparkle Firm has invested $10 mn across various companies including M2P, Credgenics, Servify, Uni and Mobikwik
 "DMI Alternatives raises $40 mn for investing in digital finance ecosystem")
Eccentric Engine launches a virtual concierge for Nissan Magnite
Claims its the first such digital platform industry globally
 "Eccentric Engine launches a virtual concierge for Nissan Magnite")
Expect India to be one of fastest-growing markets: Salesforce India CEO
Under her leadership, the India headcount for the tech giant has doubled since the lockdown last year to 5,000 and it is expected to reach 6500 by the end of the year.
 "Expect India to be one of fastest-growing markets: Salesforce India CEO")
'New Economy' firms to be India's growth engine, says HSBC
The two new economic engines stand to gain from India's large, young labor force, as well as from global changes, HSBC analysts said in a report to clients.
 "'New Economy' firms to be India's growth engine, says HSBC")
Future Consumer focusing on Digital First model across brand activities
The company said it believes that "habits formed in current times will tend to remain in the long term as well".
 "Future Consumer focusing on Digital First model across brand activities")
Bandhan Bank to invest in digital capabilities as a part of Vision 2025
Speaking at the sixth foundation day programme of the bank, Ghosh said the bank will also leverage machine learning and artificial intelligence.
 "Bandhan Bank to invest in digital capabilities as a part of Vision 2025")
'Firms behind in digital goals, even as pandemic caused productivity loss'
The survey was conducted among business leaders across 750 enterprises globally, across 11 countries and classifies them into three distinct categories as per their digital maturity stage.
 "'Firms behind in digital goals, even as pandemic caused productivity loss'")
Digital deals propel IT revenues; higher salaries to dent profits in FY22
Indian IT services companies are likely to post a 9-12 per cent revenue growth in USD terms in FY22, helped by the strong demand for digital deals, a report said on Tuesday.
 "Digital deals propel IT revenues; higher salaries to dent profits in FY22")
Tata Teleservices, Zoom partner to provide bundled communication services
Tata Teleservices will leverage Zoom's robust and secure platform to address the growing collaboration requirements of Enterprises for seamless unified communications
 "Tata Teleservices, Zoom partner to provide bundled communication services")
Digital and soft skills equally important for jobs of the future: Oracle
Says pace of skills transformation is slower than the pace of digital transformation in India, as is the case in several countries across the world
 "Digital and soft skills equally important for jobs of the future: Oracle")
PSBs in talks for creating common digital infrastructure platform
Will set up a corporation to enable enhanced access to customers and businesses for credit offerings. This is in line with govt steps to boost digital banking and promote digital lending
 "PSBs in talks for creating common digital infrastructure platform")
'Edtech sector witnesses surge in demand for digital skills'
Edtech sector has witnessed a 90 per cent surge in demand for digital skills amid the pandemic, according to TeamLease Edtech.
 "'Edtech sector witnesses surge in demand for digital skills'")
India Inc must build digital ethics into its business model: Deloitte, BCIC
Paper cites example of cab aggregator services, where user behaviour and travel patterns ostensibly recorded to improve user experience are actually used to extract more out of the customer
 "India Inc must build digital ethics into its business model: Deloitte, BCIC")
Performance for survival: Rambo Circus' story of resilience amid Covid-19
Maharashtra's Rambo Circus not only survived Covid-19, the lockdown and a cyclone, but it also became one of India's first circuses to perform virtually
 "Performance for survival: Rambo Circus' story of resilience amid Covid-19")
Fully digital single-window clearance for businesses soon: Piyush Goyal
Production-linked incentives for 12 sectors like APIs and electronics soon
 "Fully digital single-window clearance for businesses soon: Piyush Goyal")
