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  3. msme desk

MSME Desk

Budget 2025, Budget 2025 Expectations, Nirmala Sitharaman, Amrit Kaal, Viksit Bharat, tax reforms
Budget 2025: RAI wants all MSME benefits extended to retailers; seeks low-cost finance scheme

Currently, retail and wholesale traders, who were included under the MSME definition in July 2021 and were allowed to register…

By MSME Desk
December 16, 2024 16:33 IST
No proposal under consideration to extend MSME NPA classification from 90 days: MSME Min
No proposal under consideration to extend MSME NPA classification from 90 days: MSME Min

Extending the classification period to 180 days has been a long-standing demand of the MSME sector as a number of…

By MSME Desk
December 16, 2024 13:19 IST
Lack of knowledge, budget constraints, regulations key challenges for SMBs in adoption of online ads: Survey
Lack of knowledge, budget constraints, regulations key challenges for SMBs in adoption of online ads: Survey

Based on the survey data from 864 respondents across sectors, the report said 49 per cent of respondents reported insufficient…

By MSME Desk
December 13, 2024 18:07 IST
Rs 12 lakh crore in MSME exports recorded in April-November period: MoS MSME
Rs 12 lakh crore in MSME exports recorded in April-November period: MoS MSME

The total number of MSMEs exporting goods till November in the current fiscal was 1.73 lakh, compared to 1.53 lakh…

By MSME Desk
December 13, 2024 16:07 IST
Govt's Rs 50,000 crore SRI Fund: Nearly Rs 2,000 crore invested in this many MSMEs in over 4 years
Govt’s Rs 50,000 crore SRI Fund: Nearly Rs 2,000 crore invested in this many MSMEs in over 4 years

The scheme, which aims to offer growth capital to MSMEs, has a provision of Rs 10,000 crore from the central…

By MSME Desk
December 13, 2024 12:30 IST
Cloud kitchen operator Rebel Foods raises $210 million round led by Temasek

Rebel Foods operates brands including Faasos, Behrouz Biryani, Oven Story Pizza, Lunchbox, The Good Bowl, Sweet Truth, Wendy’s, and more…

By MSME Desk
December 12, 2024 11:56 IST
Solar startup SolarSquare raises $40 million from Lightspeed, Lightrock, others
Solar startup SolarSquare raises $40 million from Lightspeed, Lightrock, others

SolarSquare, which offers end-to-end solution in designing, installation, government permits, enabling financing and post-sales regular solar maintenance, will invest the…

By MSME Desk
December 12, 2024 10:52 IST
Industrial AI startup Haber raises $44 million from Creaegis, BEENEXT, Accel
Industrial AI startup Haber raises $44 million from Creaegis, BEENEXT, Accel

Haber said it plans to deploy the capital primarily to scale the company’s operations internationally, with a key focus on…

By MSME Desk
December 11, 2024 15:16 IST
Over 1,700 agri startups supported with Rs 122 crore: Govt
Over 1,700 agri startups supported with Rs 122 crore: Govt

Implemented in FY20, the Innovation and AgriEntrepreneurship Development programme aims to promote innovation and agri-entrepreneurship by providing financial and technical…

By MSME Desk
December 11, 2024 14:51 IST
CarDekho's SEA unit raises $60 million from Navis, Dragon Fund
CarDekho’s SEA unit raises $60 million from Navis, Dragon Fund

Launched in 2020, the SEA unit operates in used car finance and refinance loans, dealer inventory funding, and classifieds space.

By MSME Desk
December 11, 2024 11:29 IST
WhatsApp launches new initiative to train SMBs on digital tools to fasten business growth
WhatsApp launches new initiative to train SMBs on digital tools to fasten business growth

Through interactive demos and hands-on personalized training, WhatsApp said small and medium businesses (SMBs) will learn about creating their business…

By MSME Desk
December 10, 2024 14:42 IST
Google-backed space startup Pixxel raises additional $24 million in Series B funding
Google-backed space startup Pixxel raises additional $24 million in Series B funding

The latest round brings the total Series B funding to $60 million. The extended Series B round added new investors…

By MSME Desk
December 9, 2024 17:41 IST
Bank of Baroda launches loan scheme for women MSMEs, overdraft facility for working capital finance
Bank of Baroda launches loan scheme for women MSMEs, overdraft facility for working capital finance

Women-owned MSMEs with Udyam and GST registration or with a majority stake of at least 51 per cent owned by…

By MSME Desk
December 6, 2024 18:44 IST
3 lakh new enterprises set up under Start-up Village Entrepreneurship Programme: Rural Development Min
3 lakh new enterprises set up under Start-up Village Entrepreneurship Programme: Rural Development Min

The programme supports self-help groups (SHGs) and their family members to set up small enterprises in the non-farm sector.  

By MSME Desk
December 6, 2024 15:01 IST
Over 16 lakh direct jobs created by DPIIT-recognised startups: Piyush Goyal
Over 16 lakh direct jobs created by DPIIT-recognised startups: Piyush Goyal

Startups in IT services created the highest number of direct jobs, 2.04 lakh, followed by 1.47 lakh direct jobs created…

By MSME Desk
December 6, 2024 11:31 IST
Piyush Goyal: Share specific issues faced by MSMEs in credit access; open to exploring alternate financing
Piyush Goyal: Share specific issues faced by MSMEs in credit access; open to exploring alternate financing

The minister said that the government can earmark particular areas for MSMEs in the 20 smart industrial townships under construction.

By MSME Desk
December 5, 2024 17:36 IST
Less than 30% of MSMEs seek loans for future business growth: Survey
Less than 30% of MSMEs seek loans for future business growth: Survey

Most of the MSMEs applying for loans operated in manufacturing, retail, or seasonal industries, revealing that uninterrupted supply was key…

By MSME Desk
December 5, 2024 13:54 IST
MSME lender Annapurna Finance raises $109.5 million through multilateral ECB transaction
MSME lender Annapurna Finance raises $109.5 million through multilateral ECB transaction

The company said it will deploy fresh capital for on-lending to microfinance borrowers, focusing on rural women and underserved populations.

By MSME Desk
December 5, 2024 11:41 IST
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