Businessmen very smartly generate demand for certain products, either by pushing some old styles on the front shelf or creating a new air for brand new products, to bring itself to the limelight.
Micro enterprises account for 95% of total SMBs, small & medium put together hold the remaining 5% share and 55% of SMBs are located out of urban cities whereas 45% are situated in rural areas.
Silicon Valley based seed fund and startup accelerator 500 Startups is in the process of raising $10-20 million (Rs 60cr- Rs 120cr) for its India fund Startupwallah.
