Page 14 of MSME Finance News

global capacity centres, GCCs, sme credit, small business loans, jp morgan, natwest, artificial intelligence (AI), machine learning (ML), blockchain, and big data analytics, workforce, oaknorth, fintech

How India’s evolving GCC landscape is shaping fintech innovation for SME sector’s growth

Through innovative approaches and collaborative efforts, GCCs are significantly contributing to the creation of cutting-edge products and services that promote…

1 year ago

MSME-focused NBFC Clix Capital’s FY24 PAT jumps 125%, AUM grows 31%

The company had targetted Rs 100 crore profit and Rs 5,000 AUM in FY24.

1 year ago

CPI inflation, inflation, RBI, RBI MPC, repo rate, food inflation, price pressures, vegetable prices, custom duties, LPG prices

MSME invoice discounting: M1xchange surpasses Rs 1 lakh crore in business volume

The growth came on the back of increasing acceptance and understanding of TReDS among businesses. M1xchange said it has recorded…

1 year ago

NPA crisis during UPA tenure stifled bank credit to startups, MSMEs: FM Nirmala Sitharaman

“This problem (of NPAs) starved the nation of essential credit flow needed for development. Banks became reluctant to lend to…

1 year ago

IIT Kanpur, TechEagle, OEM, BVLOS, beyond visual line of sight drone, deliveries, paytm, vijay shekhar sharma, Navam Capital, Inflection Point Ventures, venture catalysts

Paytm’s Vijay Shekhar Sharma, Inflection Point Ventures, others invest in drone delivery startup TechEagle

Founded in 2017, TechEagle is an OEM (original equipment manufacturer) technology developer and operator in India of BVLOS (beyond visual…

1 year agoMay 31, 2024

Agritech, startup, Fyllo, IndiaQuotient, SIDBI Ventures, IAN,Triveni Trusts, precision agriculture,

Agritech startup Fyllo raises $4 million from IndiaQuotient, SIDBI Ventures, IAN, others

Fyllo enables farmers with better yield and quality through its IoT product that measures the precise requirements of plants on…

1 year ago

The ministry of skill development and entrepreneurship plans to open new industrial training institutes

Early-stage VC RPSG Capital Ventures closes second fund at Rs 550 crore

RPSG Capital Ventures said it typically comes in at Series A rounds writing first cheques of Rs 10 to Rs…

1 year ago

bharatx, zenifi, healthcare, medical lending, fintech, healthcare finance, acquisition, startup, online lending

BNPL startup BharatX acquires Zenifi to foray into healthcare finance

Zenifi co-founder and CEO Padam Kataria will join BharatX as the Head of Business – Healthcare to build the healthcare…

1 year ago

Holani Group, fund management, investment segment, Securities and Exchange Board of India, SEBI, Alternate Investment Fund, AIF, SME fund, venture capital fund

Holani Group raises Rs 184 crore for new SME-focused VC fund

The Holani Group had ventured into the fund management and investment segment post approval from the Securities and Exchange Board…

1 year ago

45 day payment rule, income tax, section 43b, msme ministry, nirmala sitharaman, finance minister, delay payments, working capital

FM Sitharaman: Will go back to original rule if MSMEs okay with delay in payments beyond 45 days

FM Nirmala Sitharaman said the changes, if any, to the rule will have to be done in the full budget…

1 year ago

inspeq ai, artificial intelligence, ai startup, Plug and Play, Gaurav Singh Kushwaha (Founder and CEO of BlueStone), Prateek Dixit (Founder of Pocket FM), Rick Kelly (Former MD of Meta Ireland), Cyril Treacy (Former VP of Salesforce), startup funding

AI development startup Inspeq AI raises new funding round from Sure Valley Ventures, Delta Partners, others

Early-stage investor Plug and Play and angels including Gaurav Singh Kushwaha (Founder and CEO of BlueStone), Prateek Dixit (Founder of Pocket FM), Rick Kelly (Former…

1 year ago

infra.market, construction supplies, unicorn startups, mars unicorn fund, startup funding, construction, infrastructure,

Infra.Market raises $50 million from existing investor MARS Unicorn Fund

Infra.Market will deploy the capital to cater to newer global markets and enhance its presence across product verticals.

1 year ago

Bank credit growth in MSME sector to slow down this fiscal: Crisil

The estimated slowdown is in the backdrop of expected moderation in overall growth in bank credit by around 200 basis…

1 year ago

Inventus Capital Partners, SVQ, 9Unicorns, flam, digital advertising, publishing, mixed reality, MR, advertising platform, ad campaign, Britannia, Schneider Electric, Mondelez International

Publishing platform Flam raises $4.5 million from Turbostart, Twin Ventures, angels, others

Existing investors in the company including SF-based Inventus Capital Partners, SVQ, and 9Unicorns also participated. Flam said it will invest capital…

1 year ago

EV startup, Zypp Electric, ENEOS, 9unicorns, IAN fund, venture catalysts, WFC, delivery, fleet, electric vehicle

EV startup Zypp Electric raises $15 million from ENEOS, 9unicorns, IAN fund, others

The capital raised will be deployed to expand Zypp’s fleet from 21,000 to 2 lakh electric scooters and extend its…

1 year ago

rbi, reserve bank of India, bank credit, msme loans, small business loans, msme credit, ai, artificial intelligence, data, loan underwriting, signzy

Algo-based MSME lending: How AI can make credit assessment more inclusive, accurate, efficient

On May 15th, RBI Deputy Governor Swaminathan J cautioned non-banking financial companies (NBFCs) against over-reliance on algorithm-based credit models. While…

1 year ago

BigMuscles Nutrition, fitness supplements, are fitness supplements good, lifestyle

Fitness startup Portl raises $3 million from Bharat Innovation Fund, Kalaari Capital, T-Hub Foundation

The company uses its proprietary AI personalization engine, which provides users with customized workout plans that adapt to their fitness…

1 year ago

Startups, Finvolve, Funding, Accelerator, seed, finolutions, India Accelerator, startup funding, family offices, accelerator fund, seed funding, venture capital

Finvolve closes maiden Rs 100 crore fund; announces two new funds

Finvolve also announced two new funds: a pre-seed Accelerator fund and Scale fund to back startups at the pre-seed stage…

1 year ago

Page 14 of MSME Finance News

Latest News

Dairy startup Doodhvale Farms raises USD 3 mn from investors to expand biz

Startup investments drop 50% in October: IVCA-EY report

Target Rs 6.12 lakh cr MSME loans in FY26, Rs 7 lakh cr in FY27: Sitharaman asks banks

Invoice discounting: M1xchange’s transaction volume crosses 32,000 crore in H1 FY25

VC firm Pavestone closes Rs 816 crore tech fund from SRI Fund, family office of Mankind Pharma, others