Page 7 of MSME Finance

fiscal deficit, GDP, unemployment rates, inflation rates, consumer spending, interest rates, fiscal consolidation, current account balances

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…

October 10, 2024 18:41 IST

49% of women-owned micro businesses cannot survive in case of sudden revenue loss: Study

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…

October 10, 2024 16:33 IST

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…

October 9, 2024 17:04 IST

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…

October 8, 2024 18:15 IST

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.

October 8, 2024 14:27 IST

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…

October 8, 2024 11:46 IST

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.

October 7, 2024 15:52 IST

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.

October 7, 2024 13:00 IST

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…

October 5, 2024 12:04 IST

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…

October 5, 2024 11:26 IST

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.

October 3, 2024 14:12 IST

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…

October 3, 2024 11:10 IST

MSME bank credit jumps 14% in priority lending: RBI data

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.

September 30, 2024 18:38 IST

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…

September 30, 2024 17:19 IST

Only 21% of women entrepreneurs prefer bank loans to fund their business: Survey

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…

September 30, 2024 16:47 IST

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…

September 27, 2024 16:37 IST

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…

September 26, 2024 18:22 IST

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.

September 26, 2024 17:22 IST

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Dry day in Delhi? Liquor shops closed in some areas for MCD bypolls – All details here

India News33 min ago

Delhi residents are facing a dry week as liquor stores in 12 wards are shut until December 3 due to upcoming MCD by-elections. The closures are part of election norms and will be in effect on November 28, 30, and December 3. The affected wards include Mundka, Greater Kailash, Ashok Vihar, and Chandni Chowk. The bypolls were necessitated due to vacant seats, with 53 candidates vying for them.

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