Ease of Doing Business for MSMEs: The proposals can be shared with up to three banks through the portal that has been developed in collaboration with the asset reconstruction firm India SME Asset Reconstruction Company.
Ease of Doing Business for MSMEs: Covid-induced lockdown enforced by the government in March this year had disrupted operations of MSMEs that have been relatively less resilient than large firms to withstand the crisis.
The partial spin-off would allow PhonePe to constitute a new Board of Directors to create a “tailor-made equity incentive or ESOP program for its employees," and access dedicated investment to fuel growth for the coming thr
Credit and Finance for MSMEs: According to a recent survey by NCGTC involving 1,857 respondents from MSMEs, ECLGS would help sustain needs only for up to three months for 59 per cent of them. The revised version may help bank
Skill, Labour, Talent for MSMEs: The Covid pandemic had triggered a barrage of job losses and layoffs among small businesses and startups in India in their fight to survive the downturn on a shoestring budget.
Technology for MSMEs: The public procurement by government departments, CPSEs, and ministries from micro and small enterprises (MSEs) increased from 23.11 per cent in 2017-18 to 26.32 per cent in 2018-19, 30.95 per cent in 20
Ease of Doing Business for MSMEs: Indian SaaS entities are increasingly tapping into new segments including small and medium enterprise (SME) and under-penetrated verticals that have been witnessing growth in software adoptio
Google, Microsoft, Reliance, SoftBank Group, Samsung, Alibaba, Flipkart, Tencent, Reliance, Times Group, Qualcomm, Intel, Naspers, Target, etc., have been investing time, money, and resources in startups either in the form
Flipkart had in July this year announced the acquisition of Walmart India operations, which operated the 28 Best Price cash-and-carry wholesale stores, that offered nearly 5,000 items and also had two fulfillment centers base
Ease of Doing Business for MSMEs: While in FY19, procurement from women MSEs was only 0.15 per cent of the overall MSE procurement, in FY20 it improved marginally to 0.32 per cent. In FY21 so far, procurement from women MSEs
Ease of Doing Business for MSMEs: CAIT, which has been campaigning against Amazon and Flipkart for years now alleging unethical business practices by them, said that the absence of concrete action against e-commerce companies
The festive season saw 87 per cent growth in the number of customers to 88 million up from 47 million during last year's sales. Of these 88 million, around 57 per cent came from Tier-II and beyond cities.
Ease of Doing Business for MSMEs: The five-year RAMP programme by World Bank is a $500 million operation to support the government towards enabling growth for MSMEs with a counterpart funding of $500 million to be contributed
Sectors particularly edtech, healthtech, software-as-a-service, and small businesses continue to attract investors' interest as Covid opened up opportunities to serve more customers who couldn’t move out due to the lockdown
Credit and Finance for MSMEs: While 25 ministries and 79 CPSEs had bought goods worth Rs 2,346.82 crore from MSMEs in May, the number of borrowers also went up to 26 ministries, and 100 CPSEs purchasing Rs 5,096.53 crore prod
Credit and Finance for MSMEs: The recommendations come days after the government had announced an extension to its Rs 3 lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) from October 31, 2020, to November 30 and furth
The investment will be deployed towards technology and product innovation apart from scaling new business verticals. Existing investors including Exor Seeds, Moore Strategic Ventures, and Unbound also participated in the roun
Online (channel) is growing fast in that (Oman) market even as post-Covid online transactions across the world have picked up. As a result, merchants will always find the appetite to be able to sell products and services onli
"The government is very sensitive to technology changes while a lot of policy evolution is taking place and we are happy with that. Atmanirbhar Bharat is an excellent slogan given by the PM," said SoftBank India Head.
Excluding the current round, Byju’s has raised $1.12 billion in 2020 and $2.1 billion so far in over 17 funding rounds, according to Crunchbase. The last round of $500 million counted BlackRock, Sands Capital, Alkeon Capita
Credit and Finance for MSMEs: Lenders including banks, non-banking financial companies, microfinance institutions, others had disbursed Rs 3,29,684.63 crore and Rs 3,11,811.38 crore during FY20 and FY19 respectively under the
Ease of Doing Business for MSMEs: Singh said that the common thread that restrains progress for female business owners around the world is the perception of gender bias while their contribution in running businesses is dismis