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MSME Desk

GeM revised transaction charges: 0% for orders up to Rs 10 lakh; check full list for sellers

In a revenue policy document on August 9, 2024, the portal announced zero per cent transaction charges for all orders…

By MSME Desk
September 19, 2024 14:47 IST
Govt caps interest subvention amount at Rs 5 crore per IEC for MSME manufacturers
Govt caps interest subvention amount at Rs 5 crore per IEC for MSME manufacturers

In a trade notice on September 17, the Directorate General of Foreign Trade (DGFT) announced the amendment under the Interest…

By MSME Desk
September 18, 2024 18:55 IST
Telangana launches state MSME policy; earmarks Rs 600 crore for 5 years
Telangana launches MSME policy; earmarks Rs 600 crore for 5 years

Telangana has envisaged 40 measures in the new policy to offer end-to-end support for MSMEs from starting up to growth…

By MSME Desk
September 18, 2024 14:48 IST
kaleidofin raises $13.8M from Rabo Partnerships, Michael & Susan Dell Foundation, others
kaleidofin raises $13.8M from Rabo Partnerships, Michael & Susan Dell Foundation, others

Kaleidofin had earlier raised a total of $23 million from the Bill and Melinda Gates Foundation; Michael & Susan Dell Foundation,…

By MSME Desk
September 18, 2024 12:45 IST
CGTMSE guarantee coverage for women MSMEs increased to 90%: MSME Ministry
CGTMSE guarantee coverage for women MSMEs increased to 90%: MSME Ministry

The scheme was extended to women-owned MSEs in December 2022 to provide credit guarantee of 85 per cent for loans…

By MSME Desk
September 17, 2024 18:25 IST
News platform Way2News raises $14 million from WestBridge Capital, investor Sashi Reddi
Short news app Way2News raises $14 million from WestBridge Capital, investor Sashi Reddi

The company said it would deploy the latest capital infusion, which comes two years after its Series A round, in…

By MSME Desk
September 17, 2024 15:22 IST
PM Vishwakarma 1 year report card: How Rs 13,000 crore scheme fared; know key benefits
PM Vishwakarma 1 year report card: How Rs 13,000 crore scheme fared; know key benefits

The five-year scheme with a corpus of Rs 13,000 crore enables up to Rs 3 lakh collateral-free loan to artisans…

By MSME Desk
September 17, 2024 12:50 IST
Stand-Up India loan for women, SC-ST entrepreneurs: Here's how to apply
Stand-Up India loan for women, SC-ST entrepreneurs: Here’s how to apply

Till June of the current year, 7,152 loans were sanctioned and 2,743 were disbursed under the scheme.

By MSME Desk
September 16, 2024 18:58 IST
Govt launches new centralized portal BHASKAR for startups; here's how it works
Govt launches new centralized portal BHASKAR for startups; here’s how it works

The platform will focus on streamlining collaboration to address existing challenges in the ecosystem and promote entrepreneurship and job creation.

By MSME Desk
September 16, 2024 16:44 IST
Ask AI: Here's how much salary a startup founder should draw
Ask AI: Here’s how much salary a startup founder should draw

As the era of pervasive AI enables businesses to push the boundaries of what they can do, we asked the…

By MSME Desk
September 16, 2024 13:31 IST
How nano enterprises are defined in India? Check criteria
How nano enterprises are defined in India? Check criteria

Under the MSME Development Act of 2006, the classification for enterprises is based on investment in plant, machinery, or equipment,…

By MSME Desk
September 12, 2024 19:56 IST
New Trade Connect e-Platform for exporters: All you need to know
New Trade Connect e-Platform for exporters: All you need to know

The single window initiative developed in collaboration with the Ministry of MSME, EXIM Bank, TCS, Department of Financial Services (DFS),…

By MSME Desk
September 12, 2024 13:51 IST
wealth management, oyo, ms dhoni, ritesh agarwal, centricity
Centricity raises $20M from Lightspeed, OYO’s Ritesh Agarwal, MS Dhoni family office, others

Centricity said it would deploy capital to scale its two platforms – Invictus and One Digital with technology and talent…

By MSME Desk
September 12, 2024 10:34 IST
MSME NPA levels likely to increase in next 6 months: Survey
MSME NPA levels likely to increase in next 6 months: Survey

In FY24, banks wrote off Rs 20,261 crore in bad loans linked to micro and small enterprises.

By MSME Desk
September 11, 2024 15:48 IST
inmobi, debt financing, mars growth capital, adtech, startup funding, venture capital, glance, advertising
InMobi raises $100 million debt from MARS Growth Capital

The company said it will deploy capital towards enhancing it artificial intelligence (AI) development and deployment efforts and fund potential…

By MSME Desk
September 11, 2024 11:27 IST
Zomato Q2FY25 results
Zomato launches POS developer platform for restaurants to enhance operations

The new platform builds on Zomato’s partnership with various POS players to help restaurants optimize operations through feature-rich, scalable systems…

By MSME Desk
September 10, 2024 18:59 IST
CGTMSE loan: Govt targets Rs 5 lakh crore credit guarantees in 2 years
CGTMSE loan: Govt targets Rs 5 lakh crore credit guarantees in 2 years

Under CGTMSE, the guarantee cover available for micro enterprises is up to 85 per cent for loans up to Rs…

By MSME Desk
September 10, 2024 16:01 IST
jio, startups, playbook partners, inmobi, rapido
Former Jio executive’s $250 million startup fund marks first close of $130 million

Raised from global investors from Europe, the US, Middle East, and India, the fund will back growth-stage, tech-enabled companies in…

By MSME Desk
September 10, 2024 11:13 IST
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Latest News

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?

SpiceJet Boeing 737 shown for representation purpose.

SpiceJet begins capacity rebuild with three leased A320s

Commonwealth Games 2026: India spent over ₹53 crore on Glasgow preparations- here's where the money went

What are the Commonwealth Games? History, origin, format, and everything you need to know

Commonwealth Games 2026 Opening Ceremony: When, where and how to watch in India

Commonwealth Games 2026: When, Where and How to Watch the Opening Ceremony in India

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