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MSME Desk

Zepto raises $350 million funding in largest domestic fundraise
Zepto raises $350 million funding in largest domestic fundraise

The latest capital infusion will add to Zepto’s war chest, enabling it to compete with its larger rival Zomato-owned Blinkit…

By MSME Desk
November 22, 2024 11:03 IST
Innov8 to raise Rs 100 crore funding at Rs 1,200 crore valuation
OYO-owned Innov8 to raise Rs 100 crore funding at Rs 1,200 crore valuation

The investment will be used to fund the company’s expansion plans to double its coworking centres in India to 100…

By MSME Desk
November 21, 2024 18:43 IST
IISc's innovation centre FSID launches accelerator programme for product innovation, development
IISc’s innovation centre FSID launches accelerator programme for product innovation, development

The institute said Pravriddhi will promote market-driven and design-led manufacturing to enable India to innovate and compete on the global…

By MSME Desk
November 21, 2024 17:30 IST
MSME jobs in India cross 23 crore mark: Govt data
MSME jobs in India cross 23 crore mark: Govt data

The total employment also included 2.84 crore jobs by 2.38 crore informal micro units registered with the government through Udyam…

By MSME Desk
November 20, 2024 17:09 IST
Startup investments drop 50% in October 2024: IVCA-EY report
Startup investments drop 50% in October: IVCA-EY report

October 2024 recorded nine large PE-VC deals (deals with a value greater than $100 million), aggregating $3.3 billion, a 4…

By MSME Desk
November 20, 2024 13:29 IST
Mayank Bidawatka, who built India’s Twitter-rival Koo, raises $4M for his new startup Billion Hearts
Mayank Bidawatka, who built India’s Twitter rival Koo, raises $4M for his new startup Billion Hearts

The seed round has been led by Blume Ventures with participation from General Catalyst and Athera Venture Partners.

By MSME Desk
November 20, 2024 12:00 IST
Zinka vs NTPC Green IPO
SME IPOs: SEBI proposes overhaul of SME listing norms to enhance transparency, governance

The regulator is considering increasing the minimum number of allottees for a successful IPO from 50 to 200 investors and…

By MSME Desk
November 19, 2024 20:57 IST
Delhi air pollution to hurt traders with 20% estimated business loss: CAIT
Delhi air pollution to hurt traders with 20% estimated business loss: CAIT

CAIT Secretary General Praveen Khandelwal said rising pollution levels deter consumers from venturing out, especially in crowded markets, leading to…

By MSME Desk
November 19, 2024 18:47 IST
81% of small organisations to transform their tax operations with tech in 5 years: Survey
81% of small organisations to digitise their tax operations in 5 years: Survey

Most respondents in the Deloitte India’s survey cite integration issues with current systems and lack of tax technology professionals as…

By MSME Desk
November 19, 2024 16:10 IST
Want to change your company name? Here's the process
Want to change your company name? Here’s the process

When contemplating a name change, companies should carefully assess its potential impact. A thorough market analysis can ensure the new…

By MSME Desk
November 19, 2024 13:30 IST
Healthkart raises $153 million from ChrysCapital, Motilal Oswal Alternates, others
HealthKart raises $153 million from ChrysCapital, Motilal Oswal Alternates, others

The company also announced an employee ESOP buyback of Rs 55 crore, its first liquidity event.

By MSME Desk
November 18, 2024 17:26 IST
Invoice discounting: M1xchange's transaction volume crosses 32,000 crore in H1 FY25
Invoice discounting: M1xchange’s transaction volume crosses 32,000 crore in H1 FY25

Among the RBI-licensed operators of the invoice discounting system TReDS, M1xchange said it onboarded over 200 new corporates and 10,000…

By MSME Desk
November 18, 2024 15:47 IST
MSME registration: Check online process to modify or change details to your Udyam certificate online
MSME registration: Check online process to modify or change details to your Udyam certificate online

Enterprises with turnover up to Rs 250 crore are eligible to register on the Udyam portal and make changes to…

By MSME Desk
November 18, 2024 14:03 IST
Mastercard launches new digital solution to streamline small business operations; check details
Mastercard launches new digital solution to streamline small business operations; check details

Mastercard is rolling out Biz360 initially through a collaboration with Hello Alice, a fintech platform for small businesses in the…

By MSME Desk
November 14, 2024 19:29 IST
VC firm Pavestone closes Rs 816 crore tech fund from SRI Fund, family office of Mankind Pharma, others
VC firm Pavestone closes Rs 816 crore tech fund from SRI Fund, family office of Mankind Pharma, others

The fund, which focuses on early growth-stage B2B technology startups, surpassed its initial target of Rs 600 crore corpus.

By MSME Desk
November 14, 2024 15:08 IST
rapido, bike taxi, karnataka, high court, karnataka hc, court order, ola, uber, rapido bike, uber bike, ola bike
Ride-hailing startup Rapido narrows losses by 45% in FY24, operating revenue jumps 46%

“This growth was fueled by a 1.5x rise in ride orders, reaching nearly half a billion rides in FY24, underscoring…

By MSME Desk
November 14, 2024 12:55 IST
CAIT white paper: Quick commerce players like Blinkit, Instamart, Zepto misusing FDI rules, crushing kiranas
CAIT white paper: Quick commerce players like Blinkit, Instamart, Zepto misusing FDI rules, crushing kiranas

CAIT said that instead of using FDI to build assets, quick commerce players are funding deep discounts and covering operating…

By MSME Desk
November 13, 2024 17:03 IST
Can startups, ineligible for Startup India programme, register for new Bhaskar scheme?
Can startups, ineligible for Startup India programme, register for new Bhaskar scheme?

Currently, over 1.5 lakh startups registered under DPIIT’s Startup India programme can join the BHASKAR initiative using their Startup India…

By MSME Desk
November 13, 2024 15:30 IST
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