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  3. msme desk

MSME Desk

Economic Survey: There’s observed tendency for firms in India to remain small to steer clear of laws
Economic Survey: There’s observed tendency for firms in India to remain small to steer clear of laws

Ironically, the biggest casualties of firms staying small are employment generation and labour welfare, which most regulations were originally designed…

By MSME Desk
January 31, 2025 16:41 IST
Paras Chopra, who sold his SaaS startup Wingify for $200 million, is now building foundational AI lab
Paras Chopra, who sold his SaaS startup Wingify for $200 million, is now building foundational AI lab

The announcement comes amid the government of India pressing on the accelerator for the development of AI models in India…

By MSME Desk
January 31, 2025 12:54 IST
Budget 2025: Fintechs call for financial inclusion, credit accessibility, digital infrastructure boost
Budget 2025: Fintechs call for financial inclusion, credit accessibility, digital infrastructure boost

Fintechs are advocating for policies encouraging innovation, risk assessment, and digital lending, while digital lenders seek stricter fraud prevention and…

By MSME Desk
January 30, 2025 17:20 IST
Prominent startup investor shares a Y Combinator one-pager for founders on early-stage funding
Prominent startup investor shares a Y Combinator one-pager for founders on early-stage funding

Looking to raise seed or angel round for your new startup, here’s what Y Combinator suggests.

By MSME Desk
January 29, 2025 18:01 IST
Maharashtra Defence and Aerospace Venture Fund committed Rs 480 crore to MSMEs so far

ICMS said the fund’s investments have created more than 3,000 direct jobs and an estimated 10,000- 15,000 indirect jobs across…

By MSME Desk
January 29, 2025 15:02 IST
Veloce Fintech's venture debt and pre-IPO fund for MSMEs crosses Rs 140 crore in commitments
Veloce Fintech’s venture debt and pre-IPO fund for MSMEs crosses Rs 140 crore in commitments

Aiming for a target corpus of Rs 200 crore, which is likely to be closed in the next few months,…

By MSME Desk
January 28, 2025 11:00 IST
Sridhar Vembu said that the entire software industry is “inefficient” and the industry’s shortcomings are rooted in “asset bubble”, adding that India, unfortunately, has mirrored many of these “inefficiencies”.
Zoho CEO Sridhar Vembu steps down to focus on R&D in his new role

Vembu said he will take a new role as Chief Scientist in the company responsible for its deep research and…

By MSME Desk
January 27, 2025 17:08 IST
Budget 2025: Tax parity, simplified compliance, boost to domestic capital on startup VCs' wishlist
Budget 2025: Tax parity, simplified compliance, boost to domestic capital on startup VCs’ wishlist

Stakeholders are expecting strategic policies and streamlined regulations that could enhance India’s standing as a global startup destination along with…

By MSME Desk
January 27, 2025 16:45 IST
IPO-bound Meesho raises $550 million from Tiger Global, Peak XV, others
IPO-bound Meesho raises $550 million from Tiger Global, Peak XV, others: Report

Meesho has also filed an application with the NCLT for a reverse merger of its Indian subsidiary, Fashnear Technologies, with…

By MSME Desk
January 27, 2025 12:29 IST
IPO-bound Infra.Market raises $121 million from Tiger Global, Zerodha's Nikhil Kamath, others
IPO-bound Infra.Market raises $121 million from Tiger Global, Zerodha’s Nikhil Kamath, others

The company was valued at around $2.8 billion in the latest round ahead of the planned initial public offering (IPO). 

By MSME Desk
January 23, 2025 18:38 IST
Eximius Ventures launches $30 million second startup fund for pre-seed investments
Eximius Ventures launches $30 million second startup fund for pre-seed investments

The initial cheque size would be $500K while reserving half of the corpus for follow-on investments.

By MSME Desk
January 23, 2025 11:12 IST
NBFC Namdev Finvest raises $38 million in debt from Developing World Markets, BlueOrchard, Mirova
NBFC Namdev Finvest raises $38 million in debt from Developing World Markets, BlueOrchard, Mirova

The company said it will deploy capital towards diversifying its operations beyond traditional domestic bank and NBFC lending models, focusing…

By MSME Desk
January 22, 2025 06:00 IST
Flipkart co-founder Sachin Bansal’s Navi Technologies defrauded of Rs 14 crore via payment gateway bug
Flipkart co-founder Sachin Bansal’s Navi Technologies defrauded of Rs 14.26 cr via payment gateway bug

The company has alleged that it was cheated of Rs 14.26 crore in 14 days in December 2024 by miscreants…

By MSME Desk
January 21, 2025 15:31 IST
Maha Kumbh to drive consumption demand in sectors of specific interest to MSMEs: Assocham
Maha Kumbh to drive consumption demand in sectors of specific interest to MSMEs: Assocham

The six-week spiritual gathering expected to be visited by 400 million devotees, said Assocham, is already witnessing a critical impact…

By MSME Desk
January 21, 2025 13:15 IST
Blinkit's loss jumps 16% to Rs 103 crore; revenue up 117% in Q3 FY25
Blinkit’s loss jumps 16% to Rs 103 crore; revenue up 117% in Q3 FY25

The quick commerce GOV jumped by 120 per cent YoY.

By MSME Desk
January 20, 2025 17:44 IST
Avaana Capital partners with DPIIT to support manufacturing, deeptech startups
Avaana Capital partners with DPIIT to support manufacturing, deeptech startups

The VC firm said it will support startups in manufacturing and deep-tech sectors by sharing expertise in manufacturing, innovation and…

By MSME Desk
January 17, 2025 18:48 IST
WazirX successfully freezes first tranche of stolen funds, approximately worth $3 million USDT
WazirX successfully freezes first tranche of stolen funds, approximately worth $3 million USDT

The announcement of recovery follows a joint statement from the governments of the United States, South Korea, and Japan, which officially attributed…

By MSME Desk
Updated: January 17, 2025 18:18 IST
The token initially skyrocketed to $75 but has since settled around $44, boasting a market cap of $8.9 billion.
Donald Trump plans to name crypto as a national priority for the US: Report; see details

Donald Trump has plans to release an executive order naming crypto as a policy priority, and guiding government agencies to…

By MSME Desk
January 17, 2025 14:02 IST
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