Tata sons, with a new entity named Tata Business Hub is all set to build a market place that will offer cloudbased IT solutions services to small and medium entrepreneurs (SMEs), as mentioned in the Economic Times report.
Being led by veteran Venguswamy Ramaswamy, global head of Tata Consultancy Services (TCS), it will provide services like ecommerce player Alibaba and internet firms like Google and Zoho, offering digital tools and solutions to scale up SMEs.
Tata Business Hub will offer a suite of digital tools built by TCS in segments such as marketing and customer engagement to SMEs on its platform ‘nexarc’ that will also have strategic tie-ups with banks and financial institutions to help small and medium firms raise funds for their business.
Further, the platform has tools for generating invoices, bill collections, chat and video conferencing that have been built by TCS and hosted on the cloud.
The entity is setting up a team of curated advisors to help small business entrepreneurs advise on challenges they face in their business and guide small businesses.
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