Balanced Workforce and Automation

India Doesn’t Need Mass Production; It Needs Production by Masses

India is a country that flourishes on human resources. The westernization or technological advancements have shown radical transformations in its business processes and commercial transactions, the core essence of all the businesses being us! Yes, we the humans! Being the second most populated country in the world, there is a large availability of a workforce […]

Empowered Local Shopkeeper

Here’s how Pay1 contributes to the economy by empowering the local shopkeepers.

The boom of urbanization and digital revolution in India has transformed Indian marketplaces never before. The retail industry in India shares about 22% of its GDP in Indian economy. As of 2015, there were 12 million kirana stores in India translating into 10 stores per 1,000 Indians. The advent of FDI in retail has enabled […]

What Start-ups Can Learn From A Kirana Store (part 2)

What Start-ups Can Learn From A Kirana Store (part 2)

India has traditionally been a resourceful and entrepreneurial society. Small business has always been a way of life. The difference now however, is the possibility and even ease of scaling exponentially in a small duration of time. India has been a savings economy until now. The foreign investment tap has been opened and financing is […]

What Start-ups Can Learn From A Kirana Store

What Start-ups Can Learn From A Kirana Store

The start-up culture has arrived in earnest in India. New ideas, new technologies and new concepts are being explored at a mind-blowing speed. New businesses, variations of existing businesses and entirely new sectors are being discovered. Venture capital is freely available if you have an idea. But what if your venture doesn’t get funding? As […]

What Must Retailers Do To Cope With Demonetization

What Must Retailers Do To Cope With Demonetization

Let us try and predict what the retail space will look like in 6 months’ time. Organized retail: COD (Cash On Delivery) occupies 80% of total sales for retail giants like Flipkart. This move will mean an extreme low, sales wise. It would force retail companies to innovate. Digital payment solutions will see an extreme […]

Economic Projections As A Result Of Demonetization

Economic Projections As A Result Of Demonetization

On the night of 8th November 2016 Indian economy and business changed drastically. Prime Minister Modi announced the discontinuation of 500 and 1000 denomination currency notes. The stated reason was to curb black money and tax evasion. However, the implications are much wider than just that. Most of the commentators have been focussing on the […]

Retail in India

Do We Understand What Retail In India Is?

The Myth There has been a lot of hue and cry about FDI in retail since 2012. If you look at the news stories in the media you’ll get the impression that ‘retail’ means showroom chains, hypermarkets and departmental stores for high income group urban consumers. Although the Indian retail market has been valued at […]

4 Ways You Can Save Big on Your Business Courier Costs

4 Ways You Can Save Big on Your Business Courier Costs

Product packaging is one optimizer, if taken advantage of it could be a key to all your branding exercises and in the sale of your product. The idea being that your packaging has an impact on influencing customers and connects people to your product through showmanship. Basically, the way you package your product adds to […]

अब किराने की दुकान में होगा बैंक

अब किराने की दुकान में होगा बैंक

भारत के अंदरूनी इलाकों में आज तक बैंकिंग सेवाओं की पहुँच संपूर्ण रूप से नहीं हो पायी है। आज भी प्रवासी श्रमिकों,छोटे व्यापारियों और कामगारों को बैंकिंग सेवाओं के लिए बड़े शहरों पर आश्रित होना पड़ता है। भारत सरकार ने इस समस्या को सुलझाने के लिए एक अभिनव प्रयास शुरू किया है। क्या आप जानते […]