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MSME Desk

NBFC Mega Corporation launches EV financing arm; to support MSMEs in EV sector
NBFC Mega Corporation launches EV financing arm; to support MSMEs in EV sector

The company said it will prioritize projects that contribute to reducing carbon emissions, promoting energy efficiency, and improving air quality…

By MSME Desk
October 21, 2024 16:12 IST
MGT-7A form due date: How OPC, small companies can file annual returns; check details required
MGT-7A form due date: How OPC, small companies can file annual returns; check latest details required

The fee for filing the form ranges from Rs 200 to Rs 600 depending on the nominal share capital of…

By MSME Desk
October 21, 2024 13:30 IST
CAIT: Rs 22,000 crore business expected this Karwa Chauth
CAIT: Rs 22,000 crore business expected this Karwa Chauth

The traditional festival is celebrated predominantly by married women in northern and western parts of India and falls on the…

By MSME Desk
October 19, 2024 12:26 IST
Lendingkart's investor Fullerton acquires controlling stake in company for Rs 252 crore
Lendingkart’s investor Fullerton acquires controlling stake in company for Rs 252 crore

FFH, which is a wholly owned independent portfolio company of Singapore-headquartered investment company Temasek, will become a majority controlling shareholder in…

By MSME Desk
October 18, 2024 15:40 IST
Instant food startup Yu raises Rs 55 crore from Ashish Kacholia, Asian Paints Promoter Group
Instant food startup Yu raises Rs 55 crore from Ashish Kacholia, Asian Paints Promoter Group

Yu had started with instant cup noodles and pastas in 2021 and has since expanded to ready-to-cook noodles, pastas, and…

By MSME Desk
October 18, 2024 15:03 IST
IITF Trade Fair 2024: Check online stall booking process, price, timing, more for traders, exhibitors
IITF Trade Fair 2024: Check online stall booking process, price, timing, more for traders, exhibitors

Held since 1980, the fair is one of the most significant and longstanding trade fairs in India helping traders and…

By MSME Desk
October 18, 2024 13:47 IST
Donald Trump, US tariff, tariff, semiconductor chips, AI chips, US demand, import, exports, manufacturing, capex plans, US inflation, electronics components, consumption expenditure
Semiconductor startup AGNIT Semiconductors raises $3.5M round led by 3one4 Capital, Zephyr Peacock

AGNIT Semiconductors said it aims to invest fresh capital to ramp up its production and commercial operations and also expand…

By MSME Desk
October 17, 2024 18:35 IST
RBI’s TReDS for MSMEs: FAQs on eligibility, registration, online invoice discounting process, more
RBI’s TReDS for MSMEs: FAQs on eligibility, registration, online invoice discounting process, more

In FY24, 41.6 lakh invoices amounting to Rs 1.38 crore were financed in comparison to 25.6 lakh invoices involving Rs…

By MSME Desk
October 17, 2024 15:42 IST
Now SMEs can get up to Rs 5 crore loan sanctioned instantly; check details
Now SMEs can get up to Rs 5 crore loan sanctioned instantly; check details

With the overdraft, term loan and trade facilities, the new loan facility will underwrite borrowers based on their ‘digital scorecard’.

By MSME Desk
October 17, 2024 13:27 IST
Want to change name of your business? Here’s how to do it
Want to change name of your business? Here’s how to do it

Changing the name could be a significant decision for an enterprise and may have both positive and negative impacts.

By MSME Desk
October 16, 2024 18:36 IST
BharatPe FY24 results: 39% jump in revenue from operations, losses reduced by 50%
BharatPe FY24 results: 39% jump in revenue from operations, losses reduced by 50%

The group’s consolidated EBITDA loss before share-based payment expense also declined by 75% YoY from Rs 826 crore to Rs…

By MSME Desk
October 16, 2024 16:23 IST
SME-focused NBFC Red Fort Capital raises Rs 22 crore in debt funding; AUM crosses Rs 100 crore
SME-focused NBFC Red Fort Capital raises Rs 22 crore in debt funding

The latest debt infusion includes Rs 15 crore from an undisclosed public sector bank, Rs 4.1 crore through non-convertible debentures…

By MSME Desk
October 16, 2024 13:12 IST
U GRO Capital to raise $40 million from US govt's development finance institution
U GRO Capital to raise $40 million from US govt’s development finance institution

The company said it has signed a commitment letter with the DFC — a development finance institution — which partners…

By MSME Desk
October 16, 2024 12:31 IST
IndiGo Ventures: IndiGo gets SEBI approval to launch VC fund for startups
IndiGo’s new startup fund IndiGo Ventures gets SEBI approval for launch

Indigo said the fund will invest in startups looking for pre-Series A, Series A and Series B funding stages and…

By MSME Desk
October 15, 2024 18:38 IST
Startup funding: Before you sign that term sheet, read this -- 10 complex clauses explained 
Startup funding: Before you sign that term sheet, read this — 10 complex clauses explained 

Reading a term sheet can be complex for several reasons, especially for founders who may not be well-versed in legal…

By MSME Desk
October 15, 2024 17:35 IST
Rs 5 crore MSME loan for Agniveers: How much guarantee coverage available under CGTMSE?
Rs 5 crore MSME loan for Agniveers: How much guarantee coverage available under CGTMSE?

The youth selected under the Agnipath scheme, which was approved by the Cabinet in 2022 as a recruitment scheme to…

By MSME Desk
October 15, 2024 16:00 IST
Snack maker Troo Good raises $9 million funding round led by Puro Wellness
Snack maker Troo Good raises $9 million funding round led by Puro Wellness

The latest round brings Troo Good’s total funding to around $15 million (Rs 130 crore). It had last raised around…

By MSME Desk
October 15, 2024 11:38 IST
google trends, AC, AC companies, trend, searched, India Inc
43% of new applicants in 3rd round of white goods PLI scheme are MSMEs: Commerce Ministry

“This shows the confidence among MSMEs to become part of the value chain of manufacturing of components of ACs and LED…

By MSME Desk
October 14, 2024 18:31 IST
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Latest News

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Explainer: Why RBI dropped checklist approach for bank boards

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