With the quick platform adoption and the market potential in India, Tide is confident that 10 lakh SMEs will join its platform and benefit from its digital business banking suite by the end of the year 2024
Through a recent blog, Google announced that it is implementing User Choice Billing (UCB) System from April, 26 2023, wherein Google will take 11-26 per cent of revenue earned by Indian Start-ups
The tech giant also raised questions over why the Competition Commission of India found pre-installation of Google apps anti-competitive when it previously noted users wanted them
Google’s policies such as steep commissions and mandatory use of its proprietary payment system can reportedly affect the business viability of start-ups