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  3. msme desk

MSME Desk

IIT Kanpur, TechEagle, OEM, BVLOS, beyond visual line of sight drone, deliveries, paytm, vijay shekhar sharma, Navam Capital, Inflection Point Ventures, venture catalysts
Paytm’s Vijay Shekhar Sharma, Inflection Point Ventures, others invest in drone delivery startup TechEagle

Founded in 2017, TechEagle is an OEM (original equipment manufacturer) technology developer and operator in India of BVLOS (beyond visual…

By MSME Desk
Updated: May 31, 2024 11:01 IST
MSME, Lending, FlexiLoans, Nagpur, MSME lending, business loans, SME, Manish Lunia, Online loans,
MSME lender FlexiLoans plans Rs 100 crore loans to Nagpur MSMEs

Founded in 2016 by Manish Lunia, Ritesh Jain, and Deepak Jain, NBFC FlexiLoans claimed over 65,000 loans amounting to Rs…

By MSME Desk
May 30, 2024 13:40 IST
The ministry of skill development and entrepreneurship plans to open new industrial training institutes
Early-stage VC RPSG Capital Ventures closes second fund at Rs 550 crore

RPSG Capital Ventures said it typically comes in at Series A rounds writing first cheques of Rs 10 to Rs…

By MSME Desk
May 30, 2024 12:01 IST
bharatx, zenifi, healthcare, medical lending, fintech, healthcare finance, acquisition, startup, online lending
BNPL startup BharatX acquires Zenifi to foray into healthcare finance

Zenifi co-founder and CEO Padam Kataria will join BharatX as the Head of Business – Healthcare to build the healthcare…

By MSME Desk
May 29, 2024 19:05 IST
mckinsey global institute, msme productivity, large enterprises, economy, ICT, manufacturing, professional services, management skills, technology
Did you know? Indian MSMEs only 26% as productive as large companies: McKinsey report

The size of MSMEs matters in understanding their level of productivity relative to large enterprises in emerging economies including India.…

By MSME Desk
May 29, 2024 18:22 IST
Holani Group, fund management, investment segment, Securities and Exchange Board of India, SEBI, Alternate Investment Fund, AIF, SME fund, venture capital fund
Holani Group raises Rs 184 crore for new SME-focused VC fund

The Holani Group had ventured into the fund management and investment segment post approval from the Securities and Exchange Board…

By MSME Desk
May 29, 2024 15:19 IST
inspeq ai, artificial intelligence, ai startup, Plug and Play, Gaurav Singh Kushwaha (Founder and CEO of BlueStone), Prateek Dixit (Founder of Pocket FM), Rick Kelly (Former MD of Meta Ireland), Cyril Treacy (Former VP of Salesforce), startup funding
AI development startup Inspeq AI raises new funding round from Sure Valley Ventures, Delta Partners, others

Early-stage investor Plug and Play and angels including Gaurav Singh Kushwaha (Founder and CEO of BlueStone), Prateek Dixit (Founder of Pocket FM), Rick Kelly (Former…

By MSME Desk
May 28, 2024 19:03 IST
Inventus Capital Partners, SVQ, 9Unicorns, flam, digital advertising, publishing, mixed reality, MR, advertising platform, ad campaign, Britannia, Schneider Electric, Mondelez International
Publishing platform Flam raises $4.5 million from Turbostart, Twin Ventures, angels, others

Existing investors in the company including SF-based Inventus Capital Partners, SVQ, and 9Unicorns also participated. Flam said it will invest capital…

By MSME Desk
May 28, 2024 12:00 IST
unicorn, soonicorn, decacorn, hectocorn, cockroach, kunal Bahl, snapdeal, indicorn, startup valuation, business valuation, startup funding, hurun global, Indian unicorns, profitable startups
‘Indicorns’: Snapdeal’s Kunal Bahl suggests moniker for profitable Indian startups

While so far the buzzwords and technical phrases such as unicorn, soonicorn, decacorn, hectocorn, cockroach, etc., which sometimes leave readers…

By MSME Desk
May 27, 2024 19:42 IST
public procurement, gem, government emarketplace, sc/st entrepreneurs, women entrepreneurs, msme sambandh, msme ministry, commerce ministry
Public procurement: Purchase of MSME goods by govt hits new high in FY24

According to the procurement policy, CPSEs need to procure at least 25 per cent of their total procurement value from…

By MSME Desk
May 27, 2024 16:18 IST
EV startup, Zypp Electric, ENEOS, 9unicorns, IAN fund, venture catalysts, WFC, delivery, fleet, electric vehicle
EV startup Zypp Electric raises $15 million from ENEOS, 9unicorns, IAN fund, others

The capital raised will be deployed to expand Zypp’s fleet from 21,000 to 2 lakh electric scooters and extend its…

By MSME Desk
May 27, 2024 13:24 IST
Centre, states to act in unison
Insurance tech startup CoverSure raises $4 million in pre-series A round led by Enam Holdings

The Indian insurance industry, said CoverSure, is expected to grow at a compound annual growth rate of more than 14 per…

By MSME Desk
May 27, 2024 12:26 IST
udyam registration, msme registration online, udyam registration, cancellation of udyam registration, msme registration,Steps to migrate to Udyam registration, how to migrate to udyam registration online, udyam license
MSME license: How to migrate from previous Udyog Aadhaar to new Udyam registration online?

The UAM license, with 1.02 crore holders, was valid till June 2022. As of May 24, 4.45 crore businesses were…

By MSME Desk
May 24, 2024 16:56 IST
PitchBook, startup cities, vc ecosystem, venture capital, world's top startup ecosystems, bengaluru startups, delhi startups, gurugram startups, mumbai startups, startup investors
Forget top 10, Bengaluru, Delhi, Mumbai not even among world’s top 30 startup cities: Report

The ranking by PitchBook compared locations based on “overall development and growth rates” relative to one another, assessing the size,…

By MSME Desk
May 24, 2024 13:08 IST
customer service, decision-making, small businesses, AI, GoDaddy, artificial intelligence, process automation, technology adoption
Lack of awareness, understanding, costs key concerns for small businesses in adopting AI: Survey

Positive impact on customer service, potential for increased efficiency and improved decision-making through data-driven insights were the top three compelling…

By MSME Desk
May 23, 2024 17:22 IST
logistics, supply chain, ithink logistics, profit, ebitda, d2c, shipping, fy24 results
Logistics company iThink Logistics reports profitability for FY24; revenue jumps to Rs 104 crore

The EBITDA, or earnings before interest, taxes, depreciation, and amortization for FY24 stood at Rs 50 lakh. 

By MSME Desk
May 22, 2024 17:26 IST
ThinKuvate, angel investor, vc fund, startup fund, singapore, early stage startups, product market fit, ai, saas
Singapore-based ThinKuvate launches Rs 100 crore fund for Indian startups

ThinKuvate, with an investor base of close to 200, hopes to mark first close of the fund within this quarter…

By MSME Desk
May 21, 2024 18:12 IST
Arigato Capital, startup fund, venture capital, ivy growth associates, agritech, cleantech, generative AI, fintech, consumer brands, saas, software as a service, seed stage funding
Micro VC firm IVY Growth launches Rs 250 crore fund for startups in agri, Gen AI, SaaS, others

The new fund Arigato Capital is looking to begin capital raising in June 2024 and targeting closure of all commitments…

By MSME Desk
May 21, 2024 12:58 IST
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Latest News

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

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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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