Wednesday, November 6

Tag: statistics

How Modi Government Used Twitter Over The Last 2 Years
Story

How Modi Government Used Twitter Over The Last 2 Years

The NDA government led by Narendra Modi (@narendramodi) came into power in May 2014, pioneering a new wave in digital governance. As the Prime Minister marks two years in office today, we look back at how his vision of “minimum government, maximum governance” has been implemented via Twitter - from the Prime Minister himself to his ministers and their ministries to connect with Indian citizens through our live communications platform. In these two years, PM Modi’s following on Twitter has grown by 400% from 4 million to 20 million followers, a milestone he crossed last week making him the most-followed political leader in India and second in the world after Barack Obama (@barackobama). PM Modi’s most Retweeted Tweet remains his victory Tweet when he won the Lok Sabha election in 2014. ...
Prime Venture Partners Invests $750,000 in KredX
FUNDING

Prime Venture Partners Invests $750,000 in KredX

Prime Venture Partners today said it has invested USD 750,000 (about Rs 4.95 crore) in KredX, an invoice-discounting platform that connects credit-worthy MSMEs looking to raise working capital against their unpaid invoices to individual financiers. Launched last year by IIT and Stanford alumni Manish Kumar, Anurag Jain and Puneet Agarwal, KredX (previously known as Mandii), enables the growth of micro, small and medium enterprises (MSMEs) by unlocking cash tied up in customer invoices that would otherwise be paid in 30 to 90 days. "There are 36 million SMEs in India. Many of these often struggle to keep their cash flow intact and can hardly withstand the burden of late payments. They are in dire need for working capital. With our technology platform, we are helping them get access to w...