Indian vs Chinese startups: After Piyush Goyal’s ‘reality check’, Amitabh Kant backs local tech startups
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 DeskDecember 11, 2024 11:29 IST
Stride Ventures to focus more on consumer & fintech, cut exposure to B2B startups The firm announced its fourth fund in India, its largest so far, with a target corpus of $300 million. By Urvi MalvaniaDecember 11, 2024 03:45 IST
5,000 startups registered under Startup India closed so far: Govt data State-wise, Maharashtra recorded the highest count of closed startups with 929 entities shut followed by 644 in Karnataka, 593 in… By Sandeep SoniDecember 10, 2024 16:43 IST
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 DeskDecember 10, 2024 14:42 IST
Amazon India earmarks $120 million to invest in manufacturing, AI startups; targets 4x jump in exports Amazon India on Tuesday also announced the full-fledged launch of its logistics services Amazon Freight and Amazon Shipping in India… By Sandeep SoniDecember 10, 2024 12:17 IST
Amazon India: 12 million MSMEs digitised, $13 billion in e-commerce exports enabled Amazon India in 2022 had said that it would create 2 million direct and indirect jobs in the country, enable… By Sandeep SoniDecember 10, 2024 11:10 IST
Budget 2025: Extend delayed payment provisions to medium enterprises, says PHD Chamber Currently, the MSMED Act allows only MSEs to submit applications to MSE Facilitation Councils against their buyers for delay in… By Sandeep SoniDecember 9, 2024 16:29 IST
MSME gross NPAs down to Rs 1.25 lakh crore: Mos MSME The outstanding advances to MSMEs have increased from Rs 16.97 lakh crore as of March 2020 to Rs 23.92 lakh… By Sandeep SoniDecember 9, 2024 14:00 IST
UAE-India Founders’ Retreat: Paving the Way for New Start-Up Opportunities The UAE-India Founders’ Retreat (Dec 6-8, 2024) united top Indian start-up founders with UAE investors and leaders to foster investment,… By FE News DeskDecember 9, 2024 11:27 IST
Fixing FTAs for MSMEs: Action points for better utilisation of trade agreements While there’s a potential for MSMEs to utilise FTAs for growth, the utilisation in India is quite low at 25%… By GuestDecember 8, 2024 11:49 IST
What is receivables securitization, how it differs from invoice financing in quick access to funds for MSMEs For MSMEs, receivables securitization offers a more flexible and cost-effective way to access liquidity compared to traditional invoice financing. By GuestDecember 8, 2024 11:15 IST
Pre-Budget meet: MSME stakeholders seek tech upgrade, PLI benefits, cut in GST The meeting aimed to seek inputs and suggestions for the Budget for 2025-26, expected to be presented on February 1. By PTIDecember 7, 2024 21:42 IST
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 DeskDecember 6, 2024 18:44 IST
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 DeskDecember 6, 2024 15:01 IST
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 DeskDecember 6, 2024 11:31 IST
Govt open to alternative financing model for MSME exporters: Piyush Goyal In the Budget 2024-25, finance minister Nirmala Sitharaman announced a credit guarantee scheme for MSMEs, under which these units can… By Mukesh JagotaDecember 6, 2024 02:15 IST
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 DeskDecember 5, 2024 17:36 IST
India adopted meticulous approach to FTAs to safeguard interests of MSMEs: S Jaishankar Highlighting the rationale behind this cautious stance, Jaishankar said, “Modi govt has been very cautious on FTA for two reasons.… By ANIDecember 5, 2024 16:56 IST
‘Predator: Badlands’ grosses $15.6 million at the box office, beats Jennifer Lawrence’s ‘Die My Love’
WhatsApp image flaw exploited by hackers to infect Samsung Galaxy phones: Is your device on the list?
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