The five-year scheme with a corpus of Rs 13,000 crore enables up to Rs 3 lakh collateral-free loan to artisans…
Till June of the current year, 7,152 loans were sanctioned and 2,743 were disbursed under the scheme.
The platform will focus on streamlining collaboration to address existing challenges in the ecosystem and promote entrepreneurship and job creation.
As the era of pervasive AI enables businesses to push the boundaries of what they can do, we asked the…
Under the MSME Development Act of 2006, the classification for enterprises is based on investment in plant, machinery, or equipment,…
The single window initiative developed in collaboration with the Ministry of MSME, EXIM Bank, TCS, Department of Financial Services (DFS),…
Centricity said it would deploy capital to scale its two platforms – Invictus and One Digital with technology and talent…
In FY24, banks wrote off Rs 20,261 crore in bad loans linked to micro and small enterprises.
The company said it will deploy capital towards enhancing it artificial intelligence (AI) development and deployment efforts and fund potential…
The new platform builds on Zomato’s partnership with various POS players to help restaurants optimize operations through feature-rich, scalable systems…
Under CGTMSE, the guarantee cover available for micro enterprises is up to 85 per cent for loans up to Rs…
Raised from global investors from Europe, the US, Middle East, and India, the fund will back growth-stage, tech-enabled companies in…
Protean eGov will act as an ONDC technology service provider, facilitating credit access through PayNearby’s Distribution as a Service (DaaS)…
As of July 12 in the current financial year, 7,444 new micro units were set up under the scheme with…
Fitday, which already has a presence in over 10,000 retail stores, is expected to use the investment to increase its…
The report Banking for a Viksit Bharat said there is an opportunity for lenders to use data including bank statements,…
Year-to-date funding in the Indian edtech sector stood at $215 million vis-a-vis $321 million secured by edtech startups in 2023.
Despite their importance, many MSMEs remain small-sized and unable to scale up effectively due to various challenges, with access to…
