Page 58 of SME News: Latest Small and Medium Enterprises News, Indian SME News, World SME News Today

Explained: Will doubling MSME turnover limits unlock growth or skew incentives?

RBI MPC Meeting, RBI MPC Meeting February: The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) will start its three-day meeting on February 5.

RBI’s innovation arm, IIMA Ventures launch startup programme for women’s financial inclusion

Public Investment Fund, PIF, SME, startups, Sanabil Investments, MENA, Orbit Startups

Orbit, Sanabil launch startups’ accelerator programme

Over 300 new steel units including MSMEs set up in last 5 years: Govt

Budget 2025 Expectations Live, Union Budget 2025 Expectations: Finance Minister Nirmala Sitharaman will table the Union Budget 2025 in Lok Sabha on February 1.

Budget 2025: Fintechs call for measures to boost credit access to MSMEs

43% of new applicants in 3rd round of white goods PLI scheme are MSMEs: Commerce Ministry

Amazon India launches hackathon to address e-commerce challenges for SMBs

Asset management firm Anicut Capital raises $11 million from family offices, HNIs, others

CAIT expecting business worth Rs 4.25 lakh cr this festive season

RBI Governor: With over 1.4 lakh startups, $150B funding, India has third most vibrant startup ecosystem

85 per cent of secondary transactions in startups priced on par with primary rounds: EY

MSME delayed payment: What is the deadline to file MSME-1 form? What details are required?

Financial services company Equirus raises Rs 125 crore from Amicus Capital, other investors

MSME News

PharmEasy FY24 results: Revenue falls nearly 15%, losses narrow by 51%

New safety regulations for machinery and electrical equipment to affect MSMEs: GTRI

Nearly 90,000 new micro enterprises set up in FY24 under govt’s PMEGP scheme

16 MSMEs, 20 startups supported under Technology Development Fund scheme, says Defence Ministry

Spacetech startup XDLINX Space Labs raises $7 million round led by Ashish Kacholia

Kirloskar’s NBFC arm Arka Fincap launches new small ticket loan offering for MSMEs

emerging business growth workshops, whatsapp, meta, facebook, instagram, digital transformation, technology adoption, blockchain, artificial intelligence

FE Emerging Business Growth Workshops: Digital transformation of MSMEs takes centre stage in Surat edition

Cashfree Payments launches new platform for businesses to manage their purchase-to-pay cycle

Cobots: What collaborative robots can do for automation in SME sector

How nano enterprises are defined in India? Check criteria

Budget 2024: FISME seeks reforms to increase access to finance for MSMEs, highlighting alleged anti-competitive practices by banks

Delhi to become AI city; to launch single window facility for MSMEs: Delhi Minister Saurabh Bhardwaj

Council for Leather Exports, budget 2024, pli scheme, exports, import duty, manufacturing, duty,

Leather exporters seek fiscal incentives in Budget

CLE Chairman Sanjay Leekha said that the import duty exemption was available to the industry for the last 30 years…

By PTI

January 12, 2024 17:30 IST

gem, government emarketplace, gem portal, public procurement, commerce minister, medical device manufacturers, Association of Indian Manufacturers of Medical Devices, MRI, X-Ray, ultrasounds, etc; third, dental products includes dentures, braces, etc; fourth, orthopaedics & prosthetics include knee implants, artificial joints; and fifth, patient aids include hearing aids and pacemakers

Over 300 medical device manufacturers to sell goods directly to govt via GeM portal

According to the marketplace, the onboarding will create direct market linkages between manufacturers of medical devices including, consumables, disposables, equipment,…

By MSME Desk

January 12, 2024 16:50 IST

shaktikanda das, rbi, reserve bank of india, central bank, rbi governor, ppirp, pre packaged insolvency resolution process, corporate insolvency, insolvency and bankuptcy code, ibc, msme ministry

Pre-pack insolvency resolution adoption among MSMEs seems to be relatively muted: RBI’s Shaktikanta Das

“One reason could be the hesitancy on the part of the financial creditors (FCs) in approving the proposals under this…

By Sandeep Soni

January 12, 2024 14:04 IST

enterprise software startups, artificial intelligence, AI, offshoring, chamath Palihapitiya, social capital, startup incubator, networking, silicon valley, venture capital

Silicon Valley VC Chamath Palihapitiya announces incubator 8090 for enterprise software startups

“Tell us what enterprise software you use and my team and I will build you an 80% feature complete version…

By Sandeep Soni

January 12, 2024 11:50 IST

Association of Chartered Certified Accountants, acca, smes, costs, workforce, esg reporting, innovation, talent management, jobs, productivity, regulatory compliance

Escalating costs, talent management, ESG reporting top 3 hurdles for SMEs entering 2024: Report

The report called for tailored strategies to support SMEs in navigating the evolving business landscape along with embracing innovation, optimising…

By Sandeep Soni

January 11, 2024 16:53 IST

zed scheme, zero defect zero effect, msme ministry, sustainable manufacturing, women led msmes, zed certified msmes, net zero, carbon emission

Govt’s ZED scheme for MSMEs hits 1 lakh certification milestone; check scheme’s details

Launched in October 2016 and revamped in April 2022, the ZED scheme offers certification for environmentally conscious manufacturing under three…

By MSME Desk

January 11, 2024 16:00 IST

upekkha, saas, software as a service, startup accelerator, startup vc fund, westbridge capital, mckinsey, b2b, marketplace

SaaS startup fund Upekkha makes first close at $15 million of $40 million fund

Upekkha said the fund will back more than 70 early-stage startups in 2024, at a time when “larger investor sentiment…

By Sandeep Soni

January 11, 2024 13:41 IST

revenue, velocity, saas startups, software as a service, b2b tech startups, fixed-term credit, revenue-based financing, revenue-based overdrafts, customer acquisition, sales and marketing

Financing platform Velocity announces Rs 300 crore fund for B2B SaaS startups

The fund will invest in the form of a fixed-term credit product with financing proportional to three to six times the amount…

By MSME Desk

January 10, 2024 18:49 IST

MSMEs, Udyam registration, priority sector lending, Government eMarketplace, public procurement, Samadhaan portal, delayed payments, TReDS, tax, gst, patents, rai, retailers association of india, budget 2024, nirmala sitharaman

Budget 2024: Extend all MSME benefits to retail traders, urges retailers’ body RAI

Currently, MSMEs with Udyam registration are eligible for benefits beyond PSL such as registration on Government eMarketplace portal for public…

By MSME Desk

January 10, 2024 17:30 IST

commerce ministry, startup india, dpiit, states startup ranking, national startup award

DPIIT to announce ranking of states/UTs on startup initiatives on Jan 16

The exercise aims to evaluate measures taken by states/UTs to boost the startup ecosystem during a specified period. It also…

By PTI

January 10, 2024 15:41 IST

zomato, food delivery, restaurant discovery, platform fee, daily payouts, restaurant partners, gst, zomato gov

Zomato announces Daily Payouts for small restaurants for better cash flow

Zomato said restaurants won’t have to pay additional fees for switching from weekly to daily payouts even as they would…

By Sandeep Soni

January 10, 2024 13:53 IST

sa-dhan, microfiance, mfi, micro and small enterprises, households, nirmala sitharaman, finance minister, budget expectations, microfinance losses

Budget 2024: Microfinance association seeks dedicated fund for equity support to small, emerging MFIs

MFIs have lent over Rs 1.5 lakh crore to over 5 crore households so far, around 75 per cent of…

By Sandeep Soni

January 10, 2024 12:02 IST

psb 59 minute loan scheme, sidbi, msme ministry, online loan in 59 minutes, msme dashboard, msme loans, small business loans

PSB 59-minute loan scheme: Banks disbursed nearly Rs 70,000 crore MSME loans so far

The scheme offers in-principle bank approval for collateral-free term loans or working capital loans for MSMEs from Rs 10 lakh to Rs…

By MSME Desk

January 9, 2024 19:00 IST

sbi, state bank of india, ecowrap report, soumya kanti ghosh, k-shaped recovery, economic recovery, micro firms into large firms, raghuram rajan, income

19.5% of majorly micro-sized firms transitioned into larger firms: SBI Ecowrap report

This clearly indicates MSME units are getting bigger and getting integrated into larger value chains with initiatives like PLI (production-linked…

By Sandeep Soni

January 9, 2024 17:25 IST

mjunction, eepc, exports, msmes, b2b, marketplace, ecommerce, rivexa, trade, markets

EEPC, mjunction ink pact to boost exports

Rivexa, mjunction’s cross-border B2B e-marketplace, will collaborate with EEPC India to connect exporters with global buyers, according to a release.

By PTI

January 9, 2024 16:19 IST

VA TECH WABAG, order, Al Duqm Desalination Plant, Operation & Maintenance, domestic consumption, cash flow

Bizongo launches loan app Next for businesses

The embedded finance will cater to the requirements of supply chain finance, business loans, capex loans, factoring and structured finance in the…

By MSME Desk

January 9, 2024 13:57 IST

tracxn, startup funding, investors, venture capital, ipos, acquisition, seed stage, phonepe, peak xv partners, accel, we founder circle, deal volume, soonicorn, unicorn

2023 downturn: Indian tech startup ecosystem closes year in red across multiple metrics

Funding dropped to $8.3 billion in 2023 from $25.6 billion in 2022 while funding rounds declined to 1,133 from 2,781,…

By Sandeep Soni

January 8, 2024 19:25 IST

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