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  3. msme desk

MSME Desk

msme news, import of laptops, import restrictions on laptops, Hsn code 8471, indian government, make in India, DGFT notification, government notification on laptop imports, import duty on electronics, latest news, CAIT
Traders’ body CAIT welcomes govt restrictions on import of laptops, tablets, computers

CAIT said that such a move would boost domestic manufacturing and enhance the consumption of goods in line with the…

By MSME Desk
August 4, 2023 17:54 IST
red fort capital, brick and byte, msme loans, msme debt, working capital loans, plant and machinery loans, small business loans
Sheet metal fabricator Brick and Byte raises Rs 10 crore debt from MSME lender Red Fort Capital

Brick and Byte is looking to double its revenue with the infusion of this debt into their working capital, effectively…

By MSME Desk
August 4, 2023 12:17 IST
msme news, e-commerce, e-commerce policy india, piyush goyal, Cait, india, market news, small business, small business news, e-commerce market, modi government
E-commerce policy to be released in coming months by govt: Report

The PTI report noted that the ministry held a discussion with representatives of e-commerce firms and CAIT on matters pertaining…

By MSME Desk
August 4, 2023 11:53 IST
startup news, startup funding, incubation for startups, pre-seed funding, seed funding, early stage startup funding, small business, msme news, startup funding news, AI, Industry 5.0, tech startup
Banking infrastructure provider EMTECH raises $4 million led by Matrix Partners India

EMTECH works in the field of regulatory review processes of fintech for central banks with its API-based regulatory sandbox.

By MSME Desk
August 4, 2023 11:14 IST
Moneyboxx finance, nbfc, aum, assets under management, msme loans, unsecured loans, small business loans
NBFC Moneyboxx Finance crosses Rs 400 cr AUM; targets doubling it this FY

Moneyboxx Finance offers unsecured and secured loans from Rs 70,000 to Rs 10 lakh for up to 84-month tenure.

By MSME Desk
August 4, 2023 00:30 IST
startup news, startup funding, incubation for startups, pre-seed funding, seed funding, early stage startup funding, small business, msme news, startup funding news, AI, Industry 5.0, tech startup
Former BharatPe CBO Pratekk Agarwaal launches early-stage VC fund; aims Rs 50 cr fund size

The fund will “actively engage with its portfolio companies,” with operational expertise, tailored advisory services, and access to non-banking financial…

By MSME Desk
August 3, 2023 17:56 IST
small business news, msme news, msme india, technology, business technology, bill discounting tool, business news, google news, new tools for business, investment ideas, new investment ideas
CredAble, GRIP Invest launch InvoiceX Bluechip 200+ to unlock working capital for enterprises, open new asset class for retail investors

The company said its innovative technology coupled with balance sheet support from large and strategic NBFC lenders enhances liquidity available…

By MSME Desk
August 3, 2023 17:40 IST
startup, funding, startup funding news, UcliQ, we founders, indian startups, tech startup, meat suppliers in Delhi, meat suppliers in Bangalore, msme news, business news, India news
EvolveX Accelerator invests Rs 70 lakh in B2B seafood and chicken marketplace UcliQ

UcliQ plans to utilise the funds in expanding its operations and reach out to 20,000-25,000 businesses across Delhi/NCR, Bengaluru, and…

By MSME Desk
August 3, 2023 11:58 IST
pharma sector, pharmaceutical, growth, domestic sales, exports, regulated markets, US generics market, input costs, supply chain, capex plans, export revenues, domestic revenue, revenue growth, manufacturers
Less than Rs 250 cr turnover pharma units must adopt Good Manufacturing Practices in 12 months: Mandaviya

The GMP was introduced in 1948 for the first time, and the last amendment to it was done in 2018.…

By MSME Desk
August 3, 2023 11:09 IST
women entrepreneurs, women msmes, female entrepreneurs, credit guarantee scheme, cgtmse, stand-up india, mudra scheme, self reliant india fund, monsoon session
Are women entrepreneurs really benefitting from govt schemes? Here’s what numbers say

According to the government data, out of over 2 crore businesses registered on the Udyam portal, 19.43 per cent were…

By MSME Desk
August 3, 2023 10:00 IST
mas financial services, msme loans, msme financing, retail finance, small business loans, msme credit, q1 results, aum, assets under management, profit after tax, pat
Q1 FY24: MSME-focused MAS Financial Services reports 26% AUM growth, PAT jumps 25%

The SME loan book grew 25.85 per cent to Rs 3,074.80 crore during the June quarter from Rs 2,443.21 during…

By MSME Desk
August 3, 2023 00:30 IST
startup news, startup funding, incubation for startups, pre-seed funding, seed funding, early stage startup funding, small business, msme news, startup funding news, AI, Industry 5.0, tech startup, survey, automation, business softwares
80% of startups see ‘substantial’ revenue jump on the back of enterprise tech adoption: SAP India-Zinnov Digital study

Around 68 per cent of respondents reported a ‘strong growth’ in revenue after adopting enterprise technology solutions, leading to an…

By MSME Desk
August 2, 2023 18:16 IST
msme, amazon news, amazon India, amazon sale, upcoming sale, msme on amazon, e-commerce, e-commerce news, business news, e-commerce in india, india, india news, best deals on electronics
Amazon India Great Freedom Festival sale: Discounts, cashback for MSMEs buying from Amazon Business this year; check details

The sale will provide up to a 5 per cent discount to MSMEs buying in bulk from Amazon’s online wholesale…

By MSME Desk
August 2, 2023 16:18 IST
startup, startup funding news, tech startup, edtech startup, online learning, India, india news, business news,
Hiring platform Unstop raises $5 mn from Myanvi and Coursera in first round of funding

Unstop provides engagement and job opportunities to students and graduates, with a pool of 6 million students from across 20,000…

By MSME Desk
August 2, 2023 11:52 IST
msme, fisme, nirmala sitharaman, india, small business, business news, msme growth, policy, government policy for msme, rajendra agarwal, anil bhardwaj,
MSME delegation urges FM Nirmala Sitharaman to prioritize medium enterprises for economic growth

FISME proposed the setting up of the “Center of Excellence for Aspiring SMEs,” which will help foster growth and development…

By MSME Desk
August 2, 2023 11:31 IST
Tencent is a technology company
Accel invites startup applications for AI and Industry cohort under its Atom 3.0 accelerator programme

The applications will close by September 10 for AI-based startups, and by September 23 for Industry 5.0. The cohorts will…

By MSME Desk
August 1, 2023 18:24 IST
msme, skill, amazon, DGT, Ministry of skill, Amazon India, business, AI courses, ML courses, artificial intelligence, government institute teaching AI, Machine learning
Govt’s DGT partners with Amazon Web Services to upskill students in AI, ML for better employability

DGT said students enrolled in the institutions under the DGT will benefit under the tie-up. DGT implements long-term institutional skill…

By MSME Desk
August 1, 2023 11:57 IST
narayan rane, msme minister, monsoon session, parliament, lok sabha, credit gap in msme sector, msme loan gap, msme finance, msme funding, bank loan for MSMEs, rbi, reserve bank of india
MSME Minister Narayan Rane says no study undertaken to evaluate MSME credit gap post Covid

Importantly, the credit outstanding to the MSME sector by scheduled commercial banks in FY23 grew by 12.3 per cent to…

By MSME Desk
August 1, 2023 11:51 IST
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