“Mr Tata is an inspiration and we are extremely pleased to have an icon of Indian manufacturing as our advisor,” said Rahul Garg, founder and CEO of Moglix.
“This round will be utilized to support the payroll of our team. The company will add e-commerce and entertainment under the categories,” said Ravneet Singh, co-founder of Bucker.
A Walmart study valued the Indian B2B market at $300 billion in 2015 with a potential to grow to $700 billion in 2020.
Presently deployed with 25,000 merchants and corner stores across Mumbai, Delhi, Kolkata and Pune, the wallet incentivizes merchants for uptake and helps them in customer acquisition through targeted offers which can be passed on to customers.
The programme will offer structured credit lines to eligible retailers on the platform for their stock in trade requirements.
Fropcorn entertainment hotspot will be available to users across the terminal for streaming and downloading movies and other content in less than 3 minutes.
"It is still at an idea stage and there is lots to be done in the sector of skill development, mentorship and coaching. New generation startups will have real ramifications and create jobs," said Natarajan.
Holachef is expanding its menu with breakfast and evening snacks options apart from its regular lunch, dinner and packaged food options.
The current model lists out services from a handful of vendors across carpentry, plumbing, pest control and installation services.
The session was attended by thought leaders and business heads across multiple IT and analytics companies.
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