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Creating a ‘Digitally connected’ India

Everywhere there is talk of digital inclusion and digital payments. The Government is earnestly pushing for the same. Recently, NITI Ayog reiterated digital thrust as a focus area amongst the 300 action points submitted for accelerating Indian economy. Yet, for this to happen, India needs to be digitally connected and even if the whole length-breadth […]

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Helping India transit from a large cash economy to cash-less and digital economy

The ‘Asian Development Outlook 2017: Transcending the Middle-Income Challenge’ has forecasted India’s GDP to grow by 7.4% in 2017 and 7.6% in 2018. The report further states that India will continue to maintain its status as the world’s fastest growing major economy. Recent banking reforms and the Government’s drive for digital payments/transactions are a big […]

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 […]