(Our petition against India’s late payment culture can be found here) The Late Payment Problem We’re going to keep this short. Now that 97% of Indian SMBs were reportedly paid late in 2015, the late payment culture in our business environment has gotten out of hand. Today, India officially carries the longest average payment delays in the Asia Pacific for B2B SMB invoices, 51% of...
What’s The Scoop With Flipkart? “The digital industry is suffering because there have been several cases where advertisers default on payment… We do not have a strong industry body in terms of payment collection yet.” – Amar Deep Singh, CEO, Interactive Avenues (article originally posted here) Between April and May 2016, one of India’s e-commerce leaders – Flipkart–...
We believe this index adds an important objective component to the discussion on the emerging B2B software industry in India and shines a spotlight on an under-reported sector to drive policy, entrepreneurship and advocacy.The first edition of the iSPIxB2B index was published six months ago – the report and blog post are here. We got numerous press mentions, including in the Economic...
The last few years of my time I spent in IBM was in the space of B2B. Here are some of my observations during my consulting and interactions with the B2B companies over the years. What is B2B? B2B and B2C are often used terms in the Startup space. Let me begin by explaining these two. B2C (Business to Consumer) are those companies who have products or Platforms that are used by end consumers like...
