(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...
Why Flipkart Taking Clients to Court For Non Payment Is A Big Deal
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–...
Every Product Needs A Good Teardown
(originally posted here) Last Saturday in Chennai at the SaaSx3 I had the privilege of participating in my first “Product Teardown” A Product Teardown, “or simply teardown, is the act of disassembling a product, such as a television set, to identify its component parts, chip & system functionality” – Wiki In the context of the teardown of my company, Hummingbill, a Software as a Service...