Page 5 of MSME Finance News

Physis Capital gets Rs 150 cr commitment for Rs 400 cr fund

Physis Capital was set-up by the founders of Inflection Point Ventures which has invested in companies like Bharat Pe, Blusmart,…

11 months ago

MSME delayed payments: Only 20% complaints disposed so far, shows govt data

59,318 applications amounting to Rs 11,577 crore were rejected by MSE Facilitation Councils so far.

11 months ago

Bhanzu, math-learning startup by world’s fastest human calculator Neelakantha Bhanu, raises $16.5M funding

Bhanzu, math-learning startup by fastest human calculator Neelakantha Bhanu, raises $16.5M funding

Bhanu was declared the world’s fastest human calculator after he won India’s first-ever gold in the Mental Calculation World Championship…

11 months ago

MSMEs will get collateral free loans of upto Rs 100 cr through a new credit assessment model by PSU banks: FM

Speaking at the National MSME Cluster Outreach Programme in Bengaluru, Sitharaman said that the grievances of MSMEs will be solved…

11 months agoNovember 10, 2024

Farmers seek cheaper credit, lower taxes, doubling PM-KISAN amount in pre-budget meet with FM

Union Cabinet to soon decide on Rs 100 CR credit guarantee scheme for MSMEs: Finance Minister

“The grievance, which has been there for a very long time, is that the MSMEs can get working capital from…

11 months ago

MSME-focused NBFC Profectus Capital raises $25 million via NCDs to IFC

The deal marks IFC’s first investment to finance energy-efficient (EE) machinery for MSMEs in India.

11 months ago

Home finance company Easy raises $35 million from Claypond Capital, SMBC, others

Existing investors, including Xponentia Capital, Finsight Ventures, Harbourfront Capital, and Pegasus India Evolving Opportunities Fund, also participated in the round.

11 months ago

Data security startup Induz raises funding round led by YourNest VC

Founded in 2023, Induz provides secure, encrypted data management within confidential computing environments, ensuring that neither cloud providers nor Induz…

11 months ago

Drone startup Marut Dronetech raises $6.2 million from Lok Capital

Founded in 2019, drone technology provider Marut Drones is also exploring disaster management and surveillance applications other than its key…

11 months ago

CPI inflation, inflation, RBI, rate cut, repo rate, RBI MPC, Shaktikanta Das, vegetable prices, food inflation, US Fed

MSME bank credit under priority lending jumps to Rs 26 lakh crore in September: RBI data

The total priority credit to MSMEs in September was 15.2 per cent of India’s non-food credit of Rs 171 lakh…

11 months ago

Business automation platform EvoluteIQ raises $20 million round led by Round2 Capital

Nordea Growth Fund, DCAP Select and PH ventures also participated in the round. The company said new funds will help…

11 months ago

Vridhi Home Finance raises Rs 310 crore in Series B funding led by Norwest Venture Partners

Launched in 2022, Vridhi Home Finance provides loans for pre-built homes, construction, expansion, renovation, etc., and has assets under management…

11 months ago

Agritech startup Arya.ag raises $19.8 million from US Development Finance Corporation

The company said the new round will help expand its ability to connect farmers and FPOs with buyers nationally.

11 months ago

B2B trade platform udaan raises Rs 300 crore debt from Lighthouse Canton, Stride Ventures, others

The latest round follows the $340 million Series E funding the company raised in December last year led by M&G…

11 months ago

MSME loan in 59 minutes: Apply for Rs 5 crore loan online; check step-by-step process

The PSB Loans in 59 Minutes enables in-principle approval to a loan application within 59 minutes.

11 months ago

Mudra Yojana: FinMin notifies increase in loan limit to Rs 20 lakh for micro, small enterprises

In a notification on Thursday, the ministry said it has added a new category Tarun Plus for loans above Rs…

11 months ago

Muthoot Finance raises $400 million through ECBs

The company said its order book peaked at over $1.3 billion with an oversubscription of 3.9x and final participation from…

11 months ago

Microfinance portfolio declines, delinquencies rise, loans disbursed drop QoQ: Report

In terms of collection efficiency, there was an increase in the Net FF% (forward flow) rate from Mar’24 to Apr’24…

11 months ago

Page 5 of MSME Finance News

Latest News

KredX becomes 5th operator of RBI’s TReDS after RXIL, M1xchange, Invoicemart, C2treds

Govt to soon launch new credit guarantee scheme for MSME sector up to Rs 100 cr

Banana chips maker Beyond Snack raises $8.3M round led by ex-Reckitt Benckiser CEO Rakesh Kapoor’s fund

RBI’s innovation arm, IIMA Ventures launch startup programme for women’s financial inclusion

Budget 2025: Fintechs call for measures to boost credit access to MSMEs