Over 35,000 startups shut in 2023 as funding winter intensified: Bain & Company-IVCA report In terms of layoffs, over 20,000 employees were fired by leading startups with edtech comprising the largest share, according to… By Sandeep SoniMarch 14, 2024 06:00 IST
Niti comes up with roadmap to boost exports from MSMEs According to the report, access to finance is regularly seen as a key bottleneck for MSMEs and towards this end,… By PTIMarch 13, 2024 18:26 IST
Prath Ventures completes second close of Rs 120 crore for new fund Prath Ventures is targeting its final close in the coming months. The firm is looking to deploy the corpus in… By MSME DeskMarch 13, 2024 17:43 IST
SMEs may not get sustainable finance due to limited ability to share sustainability performance data: OECD Financing conditions are becoming increasingly dependent on sustainability considerations, and financial institutions are facing non-financial reporting requirements, placing a reporting… By Sandeep SoniMarch 13, 2024 16:54 IST
8i Ventures launches $10 million seed fund for pre-seed to early revenue startups The fund will double the allocation to $20 million if it is well received. 8i Ventures has allotted $10 million… By MSME DeskMarch 13, 2024 13:04 IST
B2B SaaS company Perfios raises $80 million from late-stage investor Teachers’ Venture Growth The company said it will deploy the capital to fund inorganic growth opportunities and continue to invest in its tech… By MSME DeskMarch 13, 2024 11:33 IST
Cashinvoice partners with SBI Global Factors for factoring solutions to MSMEs; eyes Rs 3,000 cr invoice financing in FY25 Factoring is a concept involving converting receivables or bills into creditworthy assets allowing businesses to access working capital loans while… By MSME DeskMarch 11, 2024 18:20 IST
SIDBI announces $120 million fund for climate, sustainability solutions from startups, MSMEs The $120 million Avaana Sustainability Fund (ASF) anchored by SIDBI as an accredited entity was approved by the world’s largest… By MSME DeskMarch 11, 2024 16:53 IST
Fund of Funds commits Rs 9,500 crore for Startups: SIDBI Chairman The FFS was unveiled by the Prime Minister on January 16, 2016, in line with the Start-up India Action Plan.… By PTIMarch 8, 2024 18:14 IST
International Women’s Day 2024: The resilience and rise of women entrepreneurs As of March 2023, the Udyam portal recorded 2,775,390 women led MSMEs. Fast forward to January 2024, and this number… By GuestMarch 8, 2024 17:42 IST
FE MSME Leadership Conclave: Experts share blueprint for MSMEs’ growth in ‘Viksit Bharat’ “In a span of 12 months, the registration with the Ministry of MSME has grown from 1.5 crore in March… By Sparsh BansalUpdated: March 10, 2024 10:50 IST
Harnessing the entrepreneurial spirit of women As we celebrate another women’s day, we focus on one aspect of the ongoing societal change, viz. increasing the role… By GuestMarch 8, 2024 07:00 IST
Rajnath Singh launches Rs 750 crore scheme ADITI for startups to develop strategic defence technologies The scheme operational for the period 2023-24 to 2025-26 falls under the iDEX (Innovations for Defence Excellence) framework of the Department of… By MSME DeskMarch 4, 2024 14:49 IST
New start-up policy with focus to set up 2000 start-ups by 2027 launched in J-K The new policy provides for providing entrepreneurship facilities to students, women and support to the entrepreneurs through government, private and… By PTIMarch 3, 2024 17:54 IST
UP govt to start ‘MYUV Abhiyan’ to foster entrepreneurship among youth CM Yogi has directed officials of the Micro, Small, and Medium Enterprises (MSME) Department to promptly devise a comprehensive action… By ANIMarch 3, 2024 17:36 IST
What is plastic credit model and how it can help MSMEs reduce plastic waste It is a market-based mechanism that enables businesses to offset their plastic footprints by investing in projects that prevent plastic… By GuestMarch 3, 2024 10:49 IST
Section 43B(h): Is Finance Ministry revising the new rule for payment to MSMEs within 45 days? The clause, to be effective from April 1, 2024, disallows expenses to buyers on invoices from micro and small enterprises… By Sandeep SoniFebruary 29, 2024 12:47 IST
MSME loans rise 20% in July-Sept The low and medium risk borrower segment comprises more than 75% of MSME loan originations in September 2023. By FE BureauFebruary 29, 2024 01:35 IST
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