Investors

News, The Morning Context

JSW, Tata, Birla’s entry into B2B e-commerce augurs poorly for Infra.Market, OfBusiness

JSW, Tata, Birla’s entry into B2B e-commerce augurs poorly for Infra.Market, OfBusiness. For almost a decade, B2B e-commerce has been the domain of startups like Infra.Market and OfBusiness. Now, conglomerates like Tata, JSW, and Aditya Birla Group have launched their own marketplaces. The big manufacturers launching their own shop fronts are turning rivals for Infra.Market and OfBusiness.

News, The Morning Context

Lured by a get rich(er) quick scheme, HNIs allege TradeCred bluffed them

TradeCred may have reached the end of the road, according to eight HNI investors who want to withdraw their funds after alleging the invoice discounting platform bluffed them. The platform offered high-net-worth individuals the chance to invest in invoices for short-term returns. The story details a journey from sales pitches to legal notices, with many investors still waiting for their principal amount and returns. The platform is currently operating in a regulatory grey area.

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