In FY24, three unicorns turned profitable: Travel tech startup Oyo, Honasa Consumer’s Mamaearth, and food tech major Zomato.
As a result, CPSEs procurement from MSEs rose from Rs 26,357 crore (23.1% of the total) in FY18 to Rs…
DBS Bank India will leverage alternative trade lending data from RXIL to underwrite financing to MSME suppliers and support their…
MSME Sahaj will help MSMEs to avail credit against their Goods and Services Tax (GST) registered sales invoices of up…
“While there isn’t a 100% guarantee that the companies these founders build will be successful, the chances are definitely higher…
The ministry said it expects 5 lakh MSEs to benefit from the scheme in three years, 50 per cent of…
World MSME Day 2024: The white paper was based on inputs from over 300 MSMEs earlier this year in Gurugram,…
World MSME Day 2024: While SMEs play a critical role in economic development, they often face distinct challenges in implementing…
The ministry said MSME Minister Jitan Ram Manjhi and the Minister of State for MSME Shobha Karandlaje will also “dedicate…
The global supply chain finance market was valued at Rs 50,000 crore in 2021 and is projected to reach Rs…
By utilising tailored digital solutions, Indian MSMEs can overcome longstanding challenges, manage cash flow more efficiently and pursue ambitious expansion…
MSMEs in India are more than just businesses; they are beacons of creativity and ingenuity. With over 63 million strong,…
Even today, many financial institutions (FIs) are driven by processes that favor companies with a history of high credit scores,…
According to the United Nations Conference on Trade and Development, formal and informal MSMEs make up over 90 per cent…
Currently, the Small Industries Development Bank of India (SIDBI) provides largely refinance to banks that lend to MSMEs, letting the…
Zepto said its GMV (gross merchandise value) has grown to over $1 billion with around 75 per cent of its stores…
According to the details from the MSME Ministry’s dashboard as of May 2, 2024, 5,871 companies having turnover of more…
Balwaan Krishi said the capital will be used to strengthen its brand, enhance marketing efforts, support working capital needs, and…