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MSME Desk

Fintech funding, Tracxn, Investment trends, Global slowdown, Economic growth, GDP rate, Funding winter, Tracxn, Neha Singh, Peak XV Partners, Y Combinator, LetsVenture, Venture Catalysts, BeeNext
Nearly 60% drop in fintech funding in H1 2024 from year-ago amid global slowdown: Tracxn

According to Tracxn, the decline reflected “global trends influenced by the ongoing funding winter and geopolitical uncertainties, despite the robust…

By MSME Desk
July 5, 2024 16:23 IST
TransUnion CIBIL, NITI Aayog's WEP launches programme to boost financial literacy among women entrepreneurs
TransUnion CIBIL, NITI Aayog’s WEP launches programme to boost financial literacy among women entrepreneurs

According to the TransUnion CIBIL data, demand for business loan by women jumped over 3.9x between FY2019 and FY 2024…

By MSME Desk
July 5, 2024 13:22 IST
tariff policy
Suzuki’s Next Bharat Ventures launches Rs 340 crore fund for impact entrepreneurs

The programme, for which applications are open till July 31, will begin on October 14 with entrepreneurs “who are impact-first,…

By MSME Desk
Updated: July 4, 2024 17:15 IST
Zetwerk, Zetwerk growth, Zetwerk value
MSME jobs in India surpass 20 crore; jump 66% in 12 months

According to data from the Udyam registration portal. As of July 4, 4.68 crore Udyam-registered MSMEs reported 20.19 crore jobs…

By MSME Desk
July 4, 2024 14:11 IST
Dallas Venture Capital, DVC, AI-Based Spend Management Platform, spend management, Dice, GVLP, go-to-market, Gokul Dixit,
Enterprise spend management startup Dice raises $5 million from Dallas Venture Capital, GVFL

The company will deploy the capital towards its go-to-market (GTM) initiatives to enhance market penetration, broaden customer outreach, optimize sales…

By MSME Desk
July 3, 2024 16:02 IST
DBS Bank, RBI, TReDS, RIXIL, Invoice Discounting system,RXIL, joint venture ,SIDBI, NSE, State Bank of India, ICICI Bank,Yes Bank. Ketan Gaikwad, MSME
DBS Bank India launches pre-shipment financing for MSMEs on RBI’s TReDS

DBS Bank India will leverage alternative trade lending data from RXIL to underwrite financing to MSME suppliers and support their…

By MSME Desk
July 1, 2024 16:51 IST
MSME Sahaj, SBI, online loan, yono loan, yono, invoice financing, GST , loans, GST loans, quick loan
SBI launches new 15-minute facility for MSMEs to avail loan against sales invoices

MSME Sahaj will help MSMEs to avail credit against their Goods and Services Tax (GST) registered sales invoices of up…

By MSME Desk
July 1, 2024 15:14 IST
MSME Day 2024: Govt launches Rs 277 cr scheme to help MSMEs get on ONDC; Yashasvini campaign for women-led units
MSME Day 2024: Govt launches Rs 277 cr scheme to help MSMEs get on ONDC; Yashasvini campaign for women-led units

The ministry said it expects 5 lakh MSEs to benefit from the scheme in three years, 50 per cent of…

By MSME Desk
June 27, 2024 16:02 IST
MSME Day 2024: 65% of tech MSMEs struggling to leverage AI due to limited awareness, says Nasscom-Meta white paper
MSME Day 2024: 65% of tech MSMEs struggling to leverage AI, says Nasscom-Meta white paper

World MSME Day 2024: The white paper was based on inputs from over 300 MSMEs earlier this year in Gurugram,…

By MSME Desk
June 27, 2024 13:34 IST
MSME Day 2024: Govt to discuss legal reforms in MSME Development Act today
MSME Day 2024: Govt to discuss legal reforms in MSME Development Act today

The ministry said MSME Minister Jitan Ram Manjhi and the Minister of State for MSME Shobha Karandlaje will also “dedicate…

By MSME Desk
June 27, 2024 11:51 IST
MSME Day 2024: Why celebrated? Know history, how it differs from Small Industry Day

According to the United Nations Conference on Trade and Development, formal and informal MSMEs make up over 90 per cent…

By MSME Desk
June 26, 2024 18:54 IST
Zepto's valuation jumps over 2x to $3.6 billion with latest $665M funding; eyes IPO
Zepto’s valuation jumps over 2x to $3.6 billion with $665M funding; eyes IPO

Zepto said its GMV (gross merchandise value) has grown to over $1 billion with around 75 per cent of its stores…

By MSME Desk
June 21, 2024 12:07 IST
The present round of FICCI’s Economic Outlook Survey was conducted in the month of July 2024
Budget 2024: Revise turnover criterion to Rs 250 cr for mandatory TReDS registration, says FICCI

According to the details from the MSME Ministry’s dashboard as of May 2, 2024, 5,871 companies having turnover of more…

By MSME Desk
June 20, 2024 19:00 IST
balwaan krishi, jm financial private equity, investment bank, startup, agriculture, agri machines, labour, farm, financial services, consumer, IT/ITeS, infrastructure services and manufacturing, pharmeasy
JM Financial invests Rs 40 crore in agri equipment startup Balwaan Krishi

Balwaan Krishi said the capital will be used to strengthen its brand, enhance marketing efforts, support working capital needs, and…

By MSME Desk
June 20, 2024 18:44 IST
Shivalik Small Finance Bank, rbi, reserve bank of india, venture capital Sanjay Nayar, Sorin investments, lightspeed, accel, quona, msme loan, bank loan, financial inclusion, priority sector lending
Sanjay Nayar’s Sorin Investments, Lightspeed lead Rs 100 crore funding in Shivalik Small Finance Bank

The bank said it will deploy the new capital to improve its tech stack, strengthen its team and further improve…

By MSME Desk
June 18, 2024 18:17 IST
Newly sworn-in MSME Minister Manjhi urges entrepreneurs for Udyam registration of new ventures
Newly sworn-in MSME Minister Manjhi urges entrepreneurs for Udyam registration of new ventures

Former Chief Minister of Bihar, Manjhi replaced Bharatiya Janata Party’s Narayan Rane who took charge as the MSME Minister in July 2021 amid…

By MSME Desk
June 14, 2024 18:54 IST
GeM: 205% jump recorded in service procurement by govt from MSMEs in FY24
GeM: 205% jump recorded in service procurement by govt from MSMEs in FY24

The order value of goods and services sold by MSMEs via GeM had doubled in FY24 from the previous fiscal.

By MSME Desk
June 14, 2024 17:54 IST
Global economic trends, including weaker data from the U.S. and rate cuts by major central banks, suggest a more dovish global stance.
Aurionpro Payments gets final RBI nod to operate as online payment aggregator

Aurionpro Payments, a subsidiary of the technology solutions company Aurionpro said the payment aggregator license will help the company towards…

By MSME Desk
June 13, 2024 17:19 IST
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Latest News

RBI’s Draft Data Governance Norms to Drive Next Wave of Bank Tech Spending

RBI’s data governance draft may trigger fresh compliance spending by banks

Google-Trends: IND vs ZIM LIVE Streaming on FanCode and Unite8Sports

Google Trends: Why FanCode is Live Streaming ZIM vs IND series while ZEE’s Unite8Sports is broadcasting it on TV?

West Asia War Escalation Hits Indian Trade as Shipping Rates Double & Container Supply Shrinks

West Asia flareup doubles freight, chokes exports

US Student Visa Rules, F-1 visa new rules, Duration of Status, US immigration policy, international students, study in US

US Scraps Duration of Status for Students: F-1 visa holders face 4-year cap, 30-day departure rule

India Approves Qdenga: First Dengue Vaccine Cleared for Ages 4 to 60

Explainer: How Qdenga can be a shot in the arm for dengue prevention

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