Page 2 of SIDBI

SIDBI, fund of funds for startups, startup, start ups in india, sme

Fund of Funds commits Rs 9,500 crore for Startups: SIDBI Chairman

The FFS was unveiled by the Prime Minister on January 16, 2016, in line with the Start-up India Action Plan.…

March 8, 2024 18:14 IST

Sivasubramanian Ramann, SIDBI, loan, borrowers, MSME, ticket sizes, entrepreneurial households, employment, wealth creation, IVCA

We have given about 2 lakh loans of 1 lakh ticket sizes to women borrowers, says SIDBI CMD Sivasubramanian Ramann

Sivasubramanian Ramann said that by committing around Rs 9,800 crore, the industry has raised an additional Rs 56,00 crore from…

February 27, 2024 11:01 IST

ffs, fund of funds for startups, sidbi, crisil, startup unicorns, startup india benefits, dpiit, commerce ministry, narendra modi

Govt’s Fund of Funds for Startups scheme: Rs 17,534 crore invested in 938 startups, says Crisil-SIDBI report

While FFS largely focuses on early-stage funding in young companies, as many as 18 of its startups have already become…

February 9, 2024 16:26 IST

psb 59 minute loan scheme, sidbi, msme ministry, online loan in 59 minutes, msme dashboard, msme loans, small business loans

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…

January 9, 2024 19:00 IST

sidbi, d&b, dun & bradstreet, sustainability index, green energy, climate control, SIDBI - D&B Sustainability Perception Index , water, recycling, sustainable business practices, energy efficiency

Only 25% of MSMEs have expertise to implement sustainability measures: SIDBI-D&B SPeX survey

Across three consecutive surveys, MSMEs have maintained that technical expertise and capital availability are their primary challenges in implementing sustainability…

December 20, 2023 12:30 IST

startup india, startups, startup funding, fund of funds, som parkash, winter session, dpiit, sidbi

Startup India: 1.16 lakh entities recognised as startups in nearly 8 years of govt’s initiative

To register as a startup under the Startup India programme, companies with a period of existence and operations should not…

December 7, 2023 11:19 IST

cgtmse, credit guarantee scheme, sidbi, msme ministry, cgtmse loans, credit guarantee coverage, msme credit, small business loans, micro and small enterprises

CGTMSE hits Rs 1 lakh cr MSME loan guarantee mark in 7 months of current fiscal; see details

The scheme, which provides credit guarantee to banks for extending loans to MSEs without seeking any collaterals, had approved Rs…

November 24, 2023 12:22 IST

udyam portal, udyam assist platform, uap, sidbi, msme ministry, informal msmes, informal micro units, udyam registration, standing committee on finance, jayant sinha, small industries development bank of india, rbi

Govt registers 1 crore GST-exempted informal micro enterprises for access to priority sector loans

The MSME Ministry in collaboration with SIDBI had launched UAP under the MSME formalization project in January this year to bring IMEs…

November 22, 2023 13:50 IST

SIDBI partners with Technology Development Board for credit access to MSMEs developing technologies

Under the agreement, TDB and SIDBI will refer additional funding needs of companies they have previously funded to each other.

November 17, 2023 18:23 IST

sidbi, sidbi cluster development fund, scdf, j&k, jammu and kashmir, msme cluster, infrastructure development

SIDBI partners with J&K govt to accelerate MSME cluster infrastructure development in UT

While SIDBI will facilitate the availability of SCDF to enhance infrastructure development of both greenfield (induced clusters) and brownfield clusters,…

November 16, 2023 13:28 IST

MSME Economic Activity Index, GST sales data, SIDBI, Jocata, gstn, msme sales, msme credit, financial institutions, billdesk, gstr1, economic activity

New MSME Economic Activity Index based on GST sales data launched by SIDBI, Jocata; check details

A minimum of 13 months of sales data (GSTR1) is required to calculate the Index for a particular month and…

November 10, 2023 18:13 IST

women entrepreneurs, self help groups, women SHGs, Deen Dayal Antyodaya Yojana - National Rural Livelihood Mission, DAY-NRLM, Ministry of Rural Development, Small Industries Development Bank of India, SIDBI, standup india, udyam portal

Govt’s DAY-NRLM signs MoU with SIDBI to help women SHG members turn entrepreneurs

The partnership will focus on enhanced capacity and ability of State Rural Livelihood Missions (SRLM) teams to promote the graduation…

November 9, 2023 14:08 IST

SIDBI, GAME onboards first cohort of small NBFCs to accelerator programme NGAP

The key areas of focus during the programme will be to support NBFCs manage compliances while raising funds from larger…

October 17, 2023 11:57 IST

sidbi, ippb, msme, department of posts, informal msmes in India

SIDBI enters into partnership with Indian Post Payments Bank to support rural and informal micro enterprises

The partnership aims to connect the informal rural microenterprises with the formal financial sector to help them digitise their business…

October 12, 2023 12:02 IST

sidbi, Shell, Shell India, SIDBI news, Shell foundation, ev loans, commercial ev loans, ev business india, green loans, Niti aayog, niti aayog news,

SIDBI partners with Shell Foundation for $6 million initiative to provide commercial EV loan

SIDBI announced its Mission 50,000-EV4ECO in April this year under guidance from NITI Aayog to fund MSMEs finding it difficult…

October 5, 2023 17:30 IST

SIDBI, Nirmala Sitharaman, Sidbi news, nirmala sitharaman news, Finance ministry news, loan for Msme, small business news, Coimbatore news, tamil nadu

FM Nirmala Sitharaman: SIDBI’s direct finance needs to be increased to 20% of total credit to MSMEs

Sitharaman mentioned that while SIDBI was predominantly doing indirect finance as mandated and it reached out to the MSMEs through…

October 4, 2023 17:20 IST

invoice financing, sidbi, sidbi invoice financing loans, sidbi invoice financing loan,

SIDBI to launch app-based ‘invoice financing’ loans platform ‘GST Sahay’ for MSMEs: CGM

This was announced by SIDBI, Chief General Manager (CGM), Rahul Priyadarshi at a customer outreach programme here on Wednesday.

September 29, 2023 13:04 IST

Odisha, Odisha government, Startup Odisha, Startups of Odisha, Odisha news, SIDBI, startups, startup funding

Odisha govt launches Rs 100 crore startup fund in collaboration with SIDBI

Odisha Startup Growth Fund (OSGF) operates a Fund-of-Funds vehicle to invest in state startups through a centralized tracking and implementation…

September 20, 2023 15:14 IST

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Markets open higher: Nifty above 25,100, Sensex up 125 points; Trent falls 3%

Market44 min ago

Indian equity indices opened higher on Tuesday, with the NSE Nifty 50 and BSE Sensex rising by 0.12% and 0.15% respectively. The Bank Nifty also opened higher, along with small and midcap stocks. On Monday, the Nifty 50 closed above 25,000 and is likely to test 25,200-25,250 in the near term. The Banknifty index witnessed a bullish breakout.

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