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  3. msme desk

MSME Desk

msme, gst, mamta banerjee, nirmala sitharaman, west bengal, gst corruption, gst tax, gst tax rate, gst collection, gst notification, latest gst notification, gst filing, business news, msme, India, india news
MSMEs on verge of deregistering back to informal status due to web of regulations: Amit Mitra to FM Sitharaman

Mitra referred to the central government’s data on the frauds detected from GST invoices amounting to Rs 1.15 lakh crore…

By MSME Desk
August 1, 2023 11:51 IST
clix capital, green finance, sustainable development, carbon emissions, co2, green energy, Global Climate Partnership Fund , GCPF, responsAbility Investments AG
NBFC Clix Capital signs $20 million loan from impact fund GCPF to back sustainable projects

The funding will be deployed for sustainable projects that help to mitigate climate change and fortify Clix Capital’s lending portfolio.

By MSME Desk
August 1, 2023 08:00 IST
RupeeRedee, non-banking financial company, nbfc, FincFriends, digital loans, digital lending, personal loans, online loans, Digital Finance International, DFI
Online loan app RupeeRedee’s NBFC FincFriends raises $3.5 million from Digital Finance International

The company said its shareholders will also invest an additional $10 million by the end of the current financial year.

By MSME Desk
August 1, 2023 00:30 IST
startup, startup funding, sidbi, iim ahmedabad, top b schools, startups, startup culture, indian startup, SIDBI loan, startup loan, incubation center, investment, angel investment,
SIDBI to set up Accelerator Fund at IIM Ahmedabad’s CIIE startup incubator to back tech startups

The partnership is part of SIDBI’s new initiative India of Tomorrow under which it collaborates with different incubators in the…

By MSME Desk
July 31, 2023 17:17 IST
mudra loans, pmmy, mudra yojana, mudra programme, monsoon session, bhagwat karad, micro and small enterprises, MSEs, microfinance, banks, nbfcs, SFBs, RRBs
Mudra loans: Govt’s micro credit scheme for MSMEs overachieves target for second consecutive year

Till June 30, 2023, more than 42.20 crore loans involving Rs 24.34 lakh crore were sanctioned to the borrowers under…

By MSME Desk
July 31, 2023 13:13 IST
msme, small business, CAIT, government, digital India, indian business, small business, news, India news, financial express, CAIT news, business news,
CAIT launches National Digital Nagrik Forum to digitalise traders and consumers

National Digital Nagrik Forum will focus on five core themes: Consumer Protection & online safety with grievance redressal, the pitfall…

By MSME Desk
July 31, 2023 11:58 IST
capterra india, gartner, digitalisation of SMEs, digital technology for SMEs, digital adoption among SMEs, artificial intelligence, digitalisation processes in business
88% of SMEs have a digitalisation strategy in place: Survey

82 per cent of SME decision-makers said that digitalisation is very important or critical for their business growth.

By MSME Desk
July 31, 2023 11:50 IST
vodafone india, vi business, readyfornext, vi sme solutions, msmes in logistics, msme digital adoption, small business digital adoption, fleet management, cost reduction
Over 66% of logistics MSMEs have ‘digital maturity’ of more than 50%: Vi Business study

The results coincided with the launch of a ReadyForNext programme by Vi Business offering an upgraded digital self-evaluation tool for…

By MSME Desk
July 28, 2023 15:44 IST
power ministry, rk singh, tod tariffs, solar hours, solar energy, power consumption, Electricity (Rights of Consumers) Amendment Rules, 2023 , msme electricity consumption
Power minister RK Singh to MSMEs: Shift consumption to solar hours to benefit from 20% lower power cost

The ToD tariff structure comprises different tariffs for power consumption during peak hours, solar hours and normal hours, providing price…

By MSME Desk
July 28, 2023 12:41 IST
ipr, intellectual property rights, innovation, design, incubation, trademark, patent applications, copyright, monsoon session, bhanu pratap singh verma
Patent filings by MSMEs jump 28% in FY23 amid govt measures to enhance IPR awareness

As of July 24, in the current financial year, 756 patent applications were filed by MSMEs.

By MSME Desk
July 28, 2023 11:08 IST
retail tech trends, retail industry, digitization, destination shopping, Point of Sale, customer experience, AR, VR, online shopping, sustainability, eco-friendly packaging
Traders’ body CAIT urges Piyush Goyal for early roll-out of e-commerce policy and rules; here’s why

CAIT said that through e-commerce, no substantial FDI is entering into India rather which comes under the guise of FDI,…

By MSME Desk
Updated: July 27, 2023 18:47 IST
Beyond Snack raises $3.5 million from NABVENTURES fund
Shark Tank India fame banana chips brand Beyond Snack raises $3.5 million from NABVENTURES fund

The company had appeared on Shark Tank India in 2022 and raised investment from Ashneer Grover, co-founder of Bharat Pe,…

By MSME Desk
July 27, 2023 12:00 IST
. The study shows that 89% of CX leaders in India acknowledge the increasing proficiency of bots in creating highly personalised customer journeys
Early-stage VC Cactus Venture Partners puts $4 million in SaaS platform Kapture CX

This marks the sixth investment made by Cactus Venture Partners. The fund has primary interests in climate tech, health tech,…

By MSME Desk
July 27, 2023 11:49 IST
beyobo, Inflection Point Ventures. SAN Angels, Indian Angel Network, Hyderabad Angels, beauty & personal care, consumer electronics, fashion accessories, imported brands, ecommerce, online marketplace, b2b commerce
Cross-border B2B procurement startup Beyobo secures Rs 5.5 cr from Inflection Point Ventures, others

The company said it is looking to deploy 25 per cent of the funds into technology enhancement, 35 per cent…

By MSME Desk
July 27, 2023 11:38 IST
msme, startup, internet service provider, wifi service, wifi service in delhi, startup, tech startup, funding news, startup funding news, indian startups, unlimited internet
Low-cost internet provider Wiom raises Rs 140 crore in Series A round led by RTP Global

Wiom works towards providing low-cost unlimited internet through its platform-led distribution model by tapping into the PM-WANI (Wi-Fi Access Network…

By MSME Desk
July 27, 2023 11:20 IST
razorpay, sme exporters, sme exports, MoneySaver Export Account, international bank transfers, india's exports, cross border payments, swift, remittance, Online Payment Gateway Service Provider, international bank transfer
Razorpay launches MoneySaver Export Account for SME exporters to save 50% on international bank transfers

The facility allows exporters to open an account in any country (out of more than 160 countries) and receive payments…

By MSME Desk
July 26, 2023 11:52 IST
msme, telangana, wallmart, flipkart, ecommerce, ecommerce opportunity for MSMEs, how to sell products on flipkart, msme training, small business training, how to sell goods online
Walmart, Flipkart sign MoU with Telangana govt to help MSMEs sell goods online

Under the MoU, Walmart will offer support to MSMEs to digitise their businesses and fuel capacity building for the state…

By MSME Desk
July 26, 2023 11:43 IST
Dvara KGFS, HDFC Bank, colending, co-lending loans for MSMEs, rural MSMEs, formal credit, unorganised sector, formal sources of bank loans, livelihood generation, distribution
NBFC Dvara KGFS partners with HDFC Bank for co-lending loans to micro enterprises

LVLN Murty, MD, and CEO of Dvara KGFS said the co-lending partnership with HDFC Bank will enhance the company’s capabilities in…

By MSME Desk
July 26, 2023 11:01 IST
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