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  3. msme desk

MSME Desk

Fenil Suchak and Aditya Lahiri, co-founders, OpenFunnel
OpenFunnel secures $1.3 million funding, aims to revolutionise B2B SaaS outreach with AI agents

As India’s markets expand rapidly, OpenFunnel claims to support businesses of all sizes, from startups to enterprises.

By MSME Desk
Updated: January 8, 2025 14:38 IST
Navratri festivities to generate Rs 50,000 crore business this year: CAIT
Navratri festivities to generate Rs 50,000 crore business this year: CAIT

Festivities in Delhi alone for the next 10 days are expected to see trade of over Rs 8,000 crore.

By MSME Desk
October 3, 2024 11:48 IST
Early-stage VC Trillion Dollar Ventures launches second fund of Rs 50 crore
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…

By MSME Desk
October 3, 2024 11:10 IST
Shree Cement partners with DPIIT to offer manufacturing startups funding, infra, mentoring, more
Shree Cement partners with DPIIT to offer manufacturing startups funding, infra, mentoring, more

Speaking on the partnership, Neeraj Akhoury, MD, Shree Cement said the partnership will play an important role in promoting self-reliance through…

By MSME Desk
October 1, 2024 18:46 IST
Skincare startup ClayCo Cosmetics raises Rs 16 crore in Series A funding from Unilever Ventures
Skincare startup ClayCo Cosmetics raises Rs 16 crore in Series A funding from Unilever Ventures

Founded in March 2024, ClayCo Cosmetics works on a direct-to-consumer (D2C) model selling products on its own website and online…

By MSME Desk
October 1, 2024 17:02 IST
Take up cluster development approach for micro, small enterprise growth: Sitharaman to Arunachal Pradesh govt
Take up cluster development approach for micro, small enterprise growth: Sitharaman to Arunachal Pradesh govt

According to the data from the MSME Dashboard, Arunachal Pradesh with only 15,100 Udyam registered MSMEs had a 0.05 per…

By MSME Desk
October 1, 2024 14:05 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. 

By MSME Desk
September 30, 2024 18:38 IST
Skincare startup Conscious Chemist raises Rs 12 crore from Atomic Capital
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…

By MSME Desk
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…

By MSME Desk
September 30, 2024 16:47 IST
Amazon Great Indian Festival sale: 8,000 sellers surpass Rs 1 lakh in sales during first two days
Amazon Great Indian Festival sale: 8,000 sellers surpass Rs 1 lakh in sales during first two days

Highlighting the early impact of the sale on sellers, Amazon said SMBs, including women entrepreneurs, weavers, and artisans, sold over…

By MSME Desk
September 30, 2024 12:39 IST
CAIT: Rs 5.9 lakh crore business expected during upcoming wedding season
CAIT: Rs 5.9 lakh crore business expected during upcoming wedding season

Beginning November 12, 2024, the wedding season is expected to see around 48 lakh weddings compared to 35 lakh weddings…

By MSME Desk
September 30, 2024 11:57 IST
Clothing manufacturers see same or lower sales this festive season from last year: CMAI survey
Clothing manufacturers see same or lower sales this festive season from last year: CMAI survey

In a survey-based statement, CMAI said the biggest factor impacting the low sentiments appeared to be the significant shift in…

By MSME Desk
September 27, 2024 18:39 IST
Axis Bank launches new credit cards for startup founders with these offerings
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…

By MSME Desk
September 27, 2024 16:37 IST
Climate financing platform Two Point O Capital raises $6.3 million led by Omnivore
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…

By MSME Desk
September 26, 2024 18:22 IST
Startup networking platform Scope launches $50 million VC fund for fintech, gaming startups
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.

By MSME Desk
September 26, 2024 17:22 IST
Western Carriers, Vedanta, order, material handling, logistics services, import, export
Microfinance profitability likely to be curbed this fiscal amid asset quality issue: Report

The risk-based pricing adopted by MFIs after the removal of interest margin cap and stronger balance sheets will limit the…

By MSME Desk
September 26, 2024 17:05 IST
Financial inclusion: Need to bridge gender gap in MSME sector, says RBI's Swaminathan
Financial inclusion: Need to bridge gender gap in MSME sector, says RBI’s Swaminathan

Less than 20 per cent of MSMEs are owned by women and women entrepreneurs often encounter major hurdles, such as…

By MSME Desk
September 26, 2024 12:53 IST
Whatfix raises $125 million from Warburg Pincus, SoftBank in Series E round of funding
Whatfix raises $125 million from Warburg Pincus, SoftBank in Series E round of funding

The company said the new round is being raised at a significant premium and will be deployed to improve its…

By MSME Desk
September 25, 2024 17:46 IST
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Latest News

Quick Commerce Emerges as Premium Channel for Beauty Products, Reaching $1B Annualised Sales: Redseer

Consumers buying premium beauty products on Qcom platforms

The CBI has said its investigation found no evidence linking Sanjeev Kumar alias Sanjeev Mukhiya to the theft or distribution of the NEET-UG 2024 question paper.

‘No evidence’: CBI gives cleanchit to Sanjeev Mukhiya in NEET-UG 2024 paper leak case

Uddhav Thackeray

NEET paper leak row: Uddhav, Raj Thackeray announce joint Mumbai protest on July 26; no party flags allowed

Air India Retains Retired Airbus A319s as Operational Spares Ahead of Sale

Air India to retain Airbus A319s for a few more months

Reimbursements are generally tax-free where they represent repayment of expenses incurred wholly and exclusively for official duties,

Work-from-home reimbursements: Which payments remain tax-free and which don’t?

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