Author: Business Era

France’s small business banking platform Qonto is to acquire Germany’s Penta, as it presses ahead with plans to serve 1mn SME customers by 2025. France’s small business banking platform Qonto is to acquire German counterpart Penta as it pursues its ambition of onboarding 1mn European SMEs and freelancers by 2025. Founded in 2017, Berlin-based Penta offers a suite of banking, budgeting and bookkeeping tools for small and medium-sized enterprises (SMEs) within Germany. The acquisition will bring 50,000 customers across from Penta, added to the 250,000 clients that Qonto currently has across France, Germany, Italy and Spain. In a statement, Qonto says that “joining forces…

The Chief Executive of Lloyds Banking Group has hinted at more M&A activity as the bank looks for ways to help customers through the cost-of-living crisis. The Chief Executive of Lloyds Banking Group, Charlie Nunn, has hinted that the banking giant could pursue further M&A activity within fintech. Nunn says that Lloyds will “continue to look” for potential acquisitions and partnerships in future, particularly those that offer strong bolt-on features for its customers. The bank bought digital retirement platform Embark for almost £400mn in July 2021, and Nunn says that its integration into the wider group is “going well”. It will now seek to…

In 2016, the Indian furniture market was valued at USD 25.7 Billion, big enough to bring shine in the eyes of any entrepreneur. Someone looking to explore this dynamic arena needs to know a lot about the consuming pattern and demand of the consumers. Although a big developing country, India is yet to make the most out of it. But in the recent past, many new entrants have shown the promising graph of success in this segment. A young pool of extremely talented entrepreneurs has gone the extra mile to show the world that what needs to be done to…

“At the helm of affairs one could find a lady handling 50% of WOOT Factor’s business operations, while our workforce boasts of 60% female participation. We have always believed in equal opportunities, hence women are empowered and hold key positions across various roles”, says AmitRelan, Co-producer of Woot Factor. The aforementioned quote is enough to help one comprehend the modus operandi of the company. It reflects the work culture of this Mumbai based company, which is synonymous to an ideal 21st-century workplace. WOOT Factor is a burgeoning force in the domain of Experiential Marketing. It is a full-service Events &…

Helps you stay ahead of the coterie In every era, marketing has evolved based on what the customer is using. If you go back in history, you can see that at times when customers used Radio, it gave birth to radio advertising and marketing. Next, we got to the boom of televisions. It is still one of the widely used device globally which allowed the companies to reach a mass audience with TV ads. Even today, TV advertising is one of the most used advertising strategies for companies. Since the boom of the Internet, a large chunk of digital literate…

Placing India on global platform It feels great when we talk about a company which is the one & only Indian setup developing solution for Cyber Security and ATM Terminals Security Solution. Few years back, it used to be a domain mainly dominated by foreign companies. The Company is none other than Velox Solutions that has established itself as a pioneer in the enterprise cyber security segment. Established in 2012, it has remained focused on IT Infrastructure Centralized Controls, Monitoring and Cyber Security. It is fervent to make IT infrastructure more secure so that companies and enterprises could run their business without…

“Not always have people supported the decision I have made. It was my self-reliance and support from family that I could advocate my ability and pool myself out of challenging circumstances. And like they say, if it didn’t kill you, it only made you stronger, my failures made me stronger for my future. Each failure was a learning in itself,” VirajKohli, Chief Marketing Officer, Uviraj Global Private Limited. In any industry, safety of workers and employees is considered to be one of the key factors for the proper functioning and growth of a company. When we talk about setups involved in…

Adding a new dimension to Indian pharmaceuticals Of late, Indian companies have proved their wisdom and potential across the globe in a multitude of business segments. Pharmacy is not an exception to that. India has gained prominence as the breeding ground for some of the most prestigious pharmaceutical companies. There is something pulchritudinous about this country of sages and Ayurvedacharyas (ancient doctors) that can still be found in our genes. We live in a country which exports medicines worth billions of dollars to numerous countries worldwide. Among a plethora of such companies, certain companies have done exceptionally well when taken…

“Though not many would be aware of the fact that I am not a qualified CA by profession,” says Keyur Shah, Founder of Hrishee Strategic Advisors. With a futuristic business approach, Shah has been enabling strategic partnership through consulting approach. While in conversation with the Senior Editor, SugandhBahl of Business Era Magazine, Shah also opened up about his love for tennis, for which he isn’t able to spare much time amidst his hectic work schedules. But the pages from his life’s history aren’t less in terms of giving it a thorough read. Not belonging to a financial business outray, he…

When we think of legal services, we are overflowed with the thoughts of entangled judicial system and complexities pertaining to obsolete process. But in recent times, many new-age legal firms have entered the domain to make it more fruitful and seamless for the clients. They have adopted methodologies that are at par with the international standards, bringing the best practices from around the globe. Which is the first name that comes into your mind when you think of complete legal solutions in India? Without a pinch of doubt, it has to be The Thukral Group for many obvious reasons. It is an Indian…