SMBs

Robin Wauters / Tech.eu: Belgium-based Odoo, which makes open source ERP and CRM software for SMBs globally, raises €112M from Summit Partners at a €3.2B valuation — A share sale among investors has lifted the valuation of Belgian software scale-up to €3.2 billion in the middle of a ‘tech downturn’. Robin Wauters / Tech.eu: Belgium-based Odoo, which makes open source ERP and CRM software for SMBs globally, raises €112M from Summit Partners at a €3.2B…

Amazon Pay announced that it has reached to over 85 lakh offline small business owners and entrepreneurs with its digital payments infrastructure. Earlier, these merchants largely transacted in cash for business operations, now they accept payments from their customers using Amazon Pay’s QR Code. Furthermore, initiatives such as Amazon Pay for Business App, voice notification feature, easy availability of working capital loans, have enabled such micro-businesses, and merchants to experience a…

Big data has reinvented how small businesses operate, and the trend shows no signs of slowing down. Studies reveal that 99% of businesses intend to implement big data analytics in the future. While big data is not a new concept, advanced analytics tools provide sophisticated insights that help businesses make data-driven decisions to increase revenue, minimize costs, and stimulate long-term growth. 1.  Improving Business Operations and Efficiency Modern businesses operate in competitive landscapes, making…

ANEXT Bank has made its debut in Singapore with a soft launch, unveiling its plans to focus on the small and midsize business (SMB) market. It inks a two-year partnership with online marketplace network, Proxtera, to facilitate cross-border trade amongst businesses in the market segment. ANEXT said Monday it would offer digital financial services to micro enterprises and SMBs in Singapore and the region, in particular, those that needed cross-border support for their global expansion. It offered a preview of its…

BENGALURU : Networking major Cisco is seeing strong demand for its software-as-a-service (SaaS) solutions from small and medium businesses (SMBs) in tier-2 and tier-3 cities of India as internet users rise and the “everything-as-a-service" model gains popularity. Gartner predicts that over 85% of organizations will embrace a cloud-first approach by 2025. According to Cisco’s annual internet report, the Asia Pacific region will have 3.1 billion internet users (72% of…