States Startup Ranking: Gujarat retains ‘Best Performer’ spot; Maharashtra, Delhi not among best ecosystems Gujarat is recognised as a capacity building pioneer, a funding leader, a procurement forerunner, a sustainability promoter, an incubation hub and… 2 years ago
Interview | Amazon Launchpad: We saw 57% growth in startups, small businesses participating in 2023, says Gaurav Bhatnagar “The growth trajectory of our Launchpad programme is optimistic, and we anticipate a steady rise in startups and small companies… 2 years ago
Wow! Momo raises Rs 350 cr from Malaysia’s Khazanah Nasional Berhad; early investors exit Launched in August 2008, Wow! Momo Foods has over 630 outlets in more than 35 cities and plans over 200… 2 years ago
Pre-pack insolvency resolution adoption among MSMEs seems to be relatively muted: RBI’s Shaktikanta Das “One reason could be the hesitancy on the part of the financial creditors (FCs) in approving the proposals under this… 2 years ago
Silicon Valley VC Chamath Palihapitiya announces incubator 8090 for enterprise software startups “Tell us what enterprise software you use and my team and I will build you an 80% feature complete version… 2 years ago
SaaS startup fund Upekkha makes first close at $15 million of $40 million fund Upekkha said the fund will back more than 70 early-stage startups in 2024, at a time when “larger investor sentiment… 2 years ago
Zomato announces Daily Payouts for small restaurants for better cash flow Zomato said restaurants won’t have to pay additional fees for switching from weekly to daily payouts even as they would… 2 years ago
PSB 59-minute loan scheme: Banks disbursed nearly Rs 70,000 crore MSME loans so far The scheme offers in-principle bank approval for collateral-free term loans or working capital loans for MSMEs from Rs 10 lakh to Rs… 2 years ago
19.5% of majorly micro-sized firms transitioned into larger firms: SBI Ecowrap report This clearly indicates MSME units are getting bigger and getting integrated into larger value chains with initiatives like PLI (production-linked… 2 years ago
EEPC, mjunction ink pact to boost exports Rivexa, mjunction’s cross-border B2B e-marketplace, will collaborate with EEPC India to connect exporters with global buyers, according to a release. 2 years ago
8 years of Startup India: How PM Modi’s pet startup initiative performed so far Under the Startup India initiative, startups need to register with the Commerce Ministry’s Department for Promotion of Industry and Internal… 2 years ago
MSME Ministry 2023 report card: How key schemes performed last year; check details The year saw a number of initiatives undertaken by the government to support small businesses and enhance their ease of… 2 years ago
Toys to account for a significant portion in Walmart’s USD 10 bn exports target from India: Official In December 2020, Walmart committed to triple its exports of goods from India to USD 10 billion each year by… 2 years ago
Co-living startup Settl raises Rs 10 crore from Nikhil Kamath-backed Gruhas, We Founder Circle, and more The startup said it will use the fund for working capital, team expansion, and technology. The latest round takes the… 2 years ago
Ram Temple consecration likely to generate Rs 50,000 crore trade in January: CAIT According to CAIT, large quantities of special cloth garlands, lockets, key chains, pictures of Ram Darbar, models of Ram temple,… 2 years ago
50% of MSME credit gap in low, middle-income nations can be closed by digital public infra: Report The report, showcasing the outcomes and prospects following the 2023 G20 summit under India’s presidency, noted that the use of… 2 years ago
TReDS sees 56% YoY growth in invoices uploaded, financed: RBI report The number of registered MSME sellers increased by nearly 51 per cent during FY23, while the number of buyers (corporates/other… 2 years ago
Recap 2023: GST-related key developments that mattered for MSMEs Here’s a quick recap of the year that was for small businesses that have been resilient and persistent to survive… 2 years ago
