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  3. msme desk

MSME Desk

Amazon India launches hackathon to address e-commerce challenges for SMBs
Amazon India launches hackathon to address e-commerce challenges for SMBs

The top three teams will compete for an exclusive visit to Amazon’s Seattle headquarters and cash prizes worth up to…

By MSME Desk
October 14, 2024 16:35 IST
Asset management firm Anicut Capital raises $11 million from family offices, HNIs, others
Asset management firm Anicut Capital raises $11 million from family offices, HNIs, others

Anicut currently manages six funds including including three debt funds and three equity funds with a total active AUM (assets…

By MSME Desk
October 14, 2024 15:39 IST
RBI Governor: India has third most vibrant startup ecosystem with 1.4 lakh startups, over $150B funding
RBI Governor: With over 1.4 lakh startups, $150B funding, India has third most vibrant startup ecosystem

Shaktikanta Das, Governor, Reserve Bank of India (RBI) on Monday hailed the growth of the Indian startup ecosystem in the…

By MSME Desk
Updated: October 14, 2024 12:11 IST
MSME delayed payment: What is the deadline to file MSME-1 form? What details are required?
MSME delayed payment: What is the deadline to file MSME-1 form? What details are required?

In July this year, the government had revised the form to seek additional details from the buyer for the outstanding…

By MSME Desk
October 11, 2024 18:01 IST
Financial services company Equirus raises Rs 125 crore from Amicus Capital, other investors
Financial services company Equirus raises Rs 125 crore from Amicus Capital, other investors

The capital will help the company in capital expansion, technology investments, strategic guidance, access to new networks, talent acquisition, operational…

By MSME Desk
October 11, 2024 16:19 IST
Sustainability awareness among MSMEs increased over past year: SIDBI-D&B SPeX
Sustainability awareness among MSMEs increased over past year: SIDBI-D&B SPeX

Implementation improved compared to the previous quarter, with micro businesses at the forefront of adopting sustainability practices.

By MSME Desk
October 11, 2024 13:11 IST
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…

By MSME Desk
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…

By MSME Desk
October 10, 2024 16:33 IST
Ratan Tata: Did you know the industry doyen was an accidental startup investor?
Ratan Tata: Did you know the industry doyen was an accidental startup investor?

Ratan Tata had invested in 46 Indian startups in his lifetime, of which nine have been unicorns, five have been…

By MSME Desk
October 10, 2024 13:17 IST
Remembering Ratan Tata: The investor, mentor and guiding force for countless startups
Remembering Ratan Tata: The investor, mentor and guiding force for countless startups

Ratan Tata was a key supporter of India’s startup ecosystem, offering investments, mentorship, and guidance. He emphasized innovation, risk-taking, and…

By MSME Desk
October 10, 2024 11:47 IST
PMEGP for MSMEs: How to apply online for the scheme?
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…

By MSME Desk
October 8, 2024 18:15 IST
ZED scheme for MSMEs: Financial assistance crosses Rs 275 crore
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.

By MSME Desk
October 8, 2024 14:27 IST
Biotech startup BioPrime raises $6 million Series A round led by Belgium's impact fund Edaphon
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…

By MSME Desk
October 8, 2024 11:46 IST
MSME pre-pack process sees limited effectiveness, says IBBI report; suggests steps to enhance adoption
MSME pre-pack process sees limited effectiveness, says IBBI report; suggests steps to enhance adoption

The subdued response to PPIRP could stem from various factors which could be bifurcated as debtor-related, creditor-related or institutional infrastructure-related,…

By MSME Desk
October 7, 2024 19:13 IST
Spacetech startup XDLINX Space Labs raises $7 million round led by Ashish Kacholia
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. 

By MSME Desk
October 7, 2024 15:52 IST
Kirloskar's NBFC arm Arka Fincap launches new small ticket loan offering for MSMEs
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.

By MSME Desk
October 7, 2024 13:00 IST
Govt hikes wages of Khadi artisans
Govt hikes wages of Khadi artisans

The previous increase was in April 2023, when wages were raised from Rs 7.50 to Rs 10 per hank.

By MSME Desk
October 3, 2024 18:42 IST
Google will also bring the ‘polish’ option
Google announces new AI tools for SMBs to deepen customer engagement

Google announced chat options for businesses to connect with customers via SMS or WhatsApp from their search listings.

By MSME Desk
October 3, 2024 17:21 IST
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Latest News

How Indian Exporters Stand to Recover Up to $8 Billion After Supreme Court Ruling

Indian exporters may get $7-billion US tariff refunds

RBI Overhauls Bank Board Governance Norms to Focus on Strategy and Risk Oversight

Explainer: Why RBI dropped checklist approach for bank boards

The key principle is that the tax deduction follows the eligible housing loan and its utilisation, not merely the existence of a new loan.

Switched your home loan to another bank? Here’s how you could lose key tax deductions

airlines-operators

Adani, GMR airlines on the cards? Govt weighs easing airport ownership rules

Indian Railways electrifies 99.6% of broad gauge network

India electrifies 99.6% of broad gauge network: What it means for freight, emissions and Railway operations

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