MSME lender UGRO Capital crosses Rs 10,000 crore AUM in Q2 FY25 UGRO’s total debt stood at over Rs 5,300 crore during Q2 FY25, growing from Rs 3,798 crore during Q2 FY24… 12 months ago
49% of women-owned micro units wouldn’t be able to survive at all amid sudden revenue loss: Study The report ‘Decoding the Financial Health of Women-Owned Micro-Businesses (wMB) in India’ by MicroSave Consulting in collaboration with Sa-Dhan and… 12 months ago
RBI MPC meeting: No pre-payment penalties on loans to micro, small enterprises, says Shaktikanta Das The decision was taken in the latest bi-monthly monetary policy “with a view to safeguard customers’ interest through better transparency… 12 months ago
PMEGP for MSMEs: How to apply online for the scheme? Implemented by the MSME Ministry through the Khadi and Village Industries Commission (KVIC), the scheme facilitates bank-finance subsidy from 15… 12 months ago
ZED scheme for MSMEs: Financial assistance crosses Rs 275 crore Focused on encouraging enterprises to adopt environment-friendly manufacturing practices with improved product quality, the scheme offers subsidies on certification costs. 12 months ago
Biotech startup BioPrime raises $6 million Series A round led by Belgium’s impact fund Edaphon The investment, which is Belgium-based Edaphon’s first deployment in Asia, will be used in BioPrime’s research in the crop protection… 12 months ago
Spacetech startup XDLINX Space Labs raises $7 million round led by Ashish Kacholia The startup offers spacecraft platforms and payload technology for global intelligence, surveillance and reconnaissance (ISR) missions. 12 months ago
Kirloskar’s NBFC arm Arka Fincap launches new small ticket loan offering for MSMEs The loan product is aimed at businesses in tier II towns and beyond to support their working capital needs. 12 months ago
Bank SaaS: Is the opportunity real for VC investors? The road ahead for bank SaaS is fraught with challenges. One of the most significant hurdles is the entrenched nature… 12 months ago
The valuation trap: Why SMEs must prioritize value over hype for public market success While one of the core objectives of any listed firm is to create shareholder value, making this the sole focus… 12 months ago
Google partners with Muthoot Finance for gold loans to small business merchants Small business merchants and consumers will be able to raise gold-backed loans from the Google Pay app. 12 months ago
Early-stage VC Trillion Dollar Ventures launches second fund of Rs 50 crore The new fund will back startups with business models around platform plays, marketplaces, and exchange businesses across various consumer tech… 12 months ago
MSME bank credit jumps 14% in priority lending in August: RBI data Priority credit to MSMEs in August increased to Rs 25.5 lakh crore from Rs 22.2 lakh crore in August 2023. 12 months ago
Skincare startup Conscious Chemist raises Rs 12 crore from Atomic Capital Conscious Chemist said it serves over 10 lakh customers through platforms including Amazon, Nykaa, Myntra, Flipkart, Blinkit, Zepto, and its own… 12 months ago
Only 21% of women entrepreneurs prefer bank loans to fund business: Survey As many as 65 per cent of self-employed women said they depend on personal savings or financial assistance from family… 1 year ago
Axis Bank launches new credit cards for startup founders with these offerings The suite includes an Executive Corporate Credit Card that provides founders with enhanced credit limits and rewards such as four complimentary… 1 year ago
Climate financing platform Two Point O Capital raises $6.3 million led by Omnivore Founded earlier this year, Two Point O Capital provide financing solutions such as leasing, capex financing and other financing solutions… 1 year ago
Startup networking platform Scope launches $50 million VC fund for fintech, gaming startups The average deal size would vary from $500K to $2 million per startup, targeting early-stage ventures. 1 year ago
