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Freelance Industry on the Rise

Freelancing was an option earlier to merely make a living without getting into something permanent but now it is seen as a choice by millions across the world for its various boons.

Freelancing has been fostered exponentially over the last decade due to technological advancement, worker’s need for flexibility and being able to work remotely, and the innumerable innovative job opportunities created by the companies to get better quality work and even then save money. Continue reading “Freelance Industry on the Rise”

Bonfleet shortlisted out of 200 startups for “Fintech Accelerator Programme” by the Maharashtra Government

The Maharashtra government introduced India’s first Fin-Tech policy in February this year to establish, promote and facilitate FinTech start-ups along with an accelerator program.

Mumbai is one of India’s primary economic hubs due to its ideal location, excellent infrastructure and competitive business environment which makes it a thriving FinTech ecosystem. The Maharashtra CM Devendra Fadnavis inaugurated the Mumbai FinTech Accelerator program with a corpus of Rs. 200 Crores to enhance this further. The programme was launched in September and received more than 200 applications. Continue reading “Bonfleet shortlisted out of 200 startups for “Fintech Accelerator Programme” by the Maharashtra Government”

Why CIBIL score is important?

Before we get into the why, what is a CIBIL score?

To put in layman’s language, it is nothing but a 3 digit number between 300 to 900 decided by CIBIL, a Credit Information company based on all your credit-related activity within the financial system. This number acts as the first impression for the lender, the higher the score, the better the chances of the loan/credit card being approved. Hence, a CIBIL score is a clear indication to a bank about your financial history on which your credit-worthiness is decided. Continue reading “Why CIBIL score is important?”

How Millennials are making their way in the Gig Economy?

Over the last decade and still now, there have been immense job opportunities opening up for the gig economy and millennials are continuing to take a bigger piece of it.  Even the companies have started to attract this kind of workers to get jobs done in a more flexible, cheaper and efficient manner. To support this, a recent 2017 study reports that overall self-employment is likely to triple to 42 million workers by 2020, with Millennials leading the way.

A research by Deloitte has also used data collected over the years of millennials entering and exiting the gig economy which provides us with notable trends of the same that every leader who plans to hire this kind of workforce should keep in mind.

Continue reading “How Millennials are making their way in the Gig Economy?”

Will Online Platform be the Future of Work?

Imagine a day when there are no online applications or software and you have to opt for the traditional methods of doing things. Well, you probably can’t or can already think of it as being the worst day possible. A decade back, it wouldn’t have been such a big deal that it is now. Technological innovations and the way technology has infused with our lives over the years for performing our daily tasks have made our lives simpler and easier but has made us dependent on it. People have started to book cabs, buy groceries, rent furniture, order food and what not using applications online while sitting in their houses and still getting the best deals in the market.

Continue reading “Will Online Platform be the Future of Work?”