DPIIT partners with Moglix to back manufacturing startups in chemicals, automotive, green energy, infra
Speciality chemicals startup Scimplify raises $9.5 million in Series A from Omnivore, Bertelsmann, others
FE Emerging Business Growth Workshops: Hyderabad edition discusses blueprint for MSMEs’ digital transformation, ease of doing business
Out of $1.9 trillion MSME credit gap, only $289 billion fulfilled by formal lenders: RBI’s Michael Patra
Enhancing MSME Growth through Risk Reduction: Introducing Credit Scoring in the Trade Credit Sector Using credit scores to provide loans has become quite a common phenomenon in the lending sector. It enabled banks to… By GuestSeptember 3, 2023 07:34 IST
How National Deep Tech Startup Policy can help chart a new era in innovation Until recently, there was a lack of a cohesive ecosystem that could foster the growth of these emerging technology solutions… By GuestSeptember 2, 2023 12:05 IST
Global non-profit SME Climate Hub launches portal for Indian MSMEs to help reduce carbon emissions The Hub is an initiative founded by the non-profits We Mean Business Coalition, Exponential Roadmap Initiative and the United Nations… By Sandeep SoniSeptember 1, 2023 12:54 IST
VC fund gradCapital launches $6M fund; to invest $40k in student startups; check details The funded startups will get a 4-week cohort programme in Bengaluru to meet notable entrepreneurs such as Tarun Mehta (Co-founder,… By MSME DeskSeptember 1, 2023 11:57 IST
Bank credit to micro, small enterprises up 17% in July: RBI report Overall, Rs 20.86 lakh crore bank credit under priority sector lending — 14.1 per cent of India’s total non-food bank… By Sandeep SoniSeptember 1, 2023 11:55 IST
NBFC Varthana raises $2.5M from Symbiotics Investments to enhance quality education in rural, semi-urban area Varthana said it will help schools in semi-urban and rural areas develop infrastructure, construction, and purchase of equipment with the… By MSME DeskSeptember 1, 2023 11:13 IST
1 in 4 MSMEs have no internal expertise in sustainability measures: SIDBI-D&B SPeX report Among the top two challenges facing MSMEs to embrace sustainability initiatives were the requirement for technical support and capital. By MSME DeskSeptember 1, 2023 00:30 IST
Amazon partners with India Post, Indian Railways to support MSME sellers; launches AI assistant for sellers “We had recently announced an incremental investment of $15 billion in India across all our businesses by 2030 and will… By MSME DeskAugust 31, 2023 17:16 IST
Startup incubator Venture Center partners with software company Ansys to back tech startups; check details Due to limited funding and revenue, startups find it difficult to build and test physical prototypes of their products to… By MSME DeskAugust 31, 2023 16:18 IST
Explained: Here’s everything ONDC can do for MSMEs to succeed via open e-commerce The increased adoption of ONDC in tier two and three cities and rural areas will open newer segments for banks… By MSME DeskAugust 31, 2023 15:41 IST
PMEGP: Rs 900 crore subsidy extended in FY24 so far to enable new micro enterprises, shows govt data State Bank of India disbursed Rs 45.7 crore subsidy for 1,253 units with 10,024 jobs while Punjab National Bank disbursed… By Sandeep SoniAugust 31, 2023 12:06 IST
MSME lender CredRight raises Rs 78 crore from Michael and Susan Dell Foundation, Blacksoil, YourNest, others Founded in 2016, CredRight, which provides institutional debt funding to nano enterprises in Tier 3 and Tier 4 towns, said… By MSME DeskAugust 31, 2023 11:32 IST
FM Nirmala Sitharaman asks banks to increase rural branches around MSME clusters The finance minister also emphasised increasing penetration under Pradhan Mantri Mudra Yojana (PMMY) and financial inclusion and stated that a… By MSME DeskAugust 31, 2023 11:28 IST
Punjab National Bank launches GST Sahay App for invoice-based MSME loans up to Rs 2 lakh Through the app, all GST-registered MSMEs having an active account with PNB will be able to access the bank’s GST… By MSME DeskAugust 31, 2023 00:30 IST
Rs 12,000 crore record rakhi sales this year: CAIT Before Covid, in 2019, rakhi sales stood at around Rs 3,500 crore. This grew to Rs 5,000 crore in 2020… By MSME DeskAugust 30, 2023 14:30 IST
Rs 50 lakh grant for startups in technical textiles to develop technologies, products: Govt The guidelines will focus on technical textiles’ application areas including agro-textiles, building-textiles, geo-textiles, home-textiles, medical textiles, mobile textiles, packaging- textiles,… By MSME DeskAugust 30, 2023 12:19 IST
National Small Industry Day: 18 tool rooms trained 16 lakh youth in 9 years, says MSME Minister Narayan Rane Out of the 18 tool rooms established between 1967 and 1999, 10 provide technological support to industries through the design and manufacture… By Sandeep SoniAugust 30, 2023 11:32 IST
National Small Industry Day: Ways for entrepreneurs to navigate the delicate dance of work-life integration While the pursuit of entrepreneurial success is exhilarating, the consequences of blurring the lines between personal and professional lives for… By GuestAugust 30, 2023 10:51 IST
Trump puts 100% pharma tariffs on hold, drugmakers face uncertainty as tariffs ‘still being worked on’
10 Photos In Pictures | Dussehra celebrations light up night as Ravan falls 12 months agoOctober 13, 2024
18 Photos IN PICS| Ratan Tata honoured with ceremonial guard as leaders pay final respects 12 months agoOctober 10, 2024
9 Photos Tensions escalate in middle-east as Iran launches heavy missile attack on Israel | In pictures 1 year agoOctober 2, 2024
