SME
Ghoshak: Helping small businesses go digital
With its proprietary platform, Ghoshak promises to provide virtual outlets at affordable prices for every small and individual-owned business across the country
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EV fear: Are days numbered for MSMEs making parts of internal combustion engine?
Ease of Doing Business for MSMEs: The government had last month also approved the PLI scheme for auto and auto components businesses focusing on electric and hydrogen fuel cell vehicles. Over 5 lakh E
Over 1 lakh MSMEs disbursed $1 billion loans in six years: Lendingkart
Credit and Finance for MSMEs: Lendingkart, which competes with Indifi, Aye Finance, Flexiloans, Capital Float, NeoGrowth Credit, U GRO Capital, Kinara Capital, and more, in the MSME lending space, off
Credit for MSMEs: 5 key schemes beyond ECLGS, CGTMSE meant to ease small businesses’ capital woes
Credit and Finance for MSMEs: In the past two decades or more, the government had rolled out dozens of credit schemes of different varieties for earlier small-scale enterprises and later for MSMEs. Wh
5 digital transformation challenges SMEs face today and how they can solve them to plan future growth
Technology for MSMEs: Data across the globe shows that the success rate of digital transformation is still at the low 20 per cent. SMEs face very specific problems when it comes to digitisation of the
PayPal, IIFT to help MSME exporters tap into cross-border trade opportunity with training, support
Trade, imports, exports for MSMEs: IDTFF will particularly look at challenges around exports faced by small exporters and share ideas for possible solutions.
Festive cheer: Retail sales near 100% recovery for MSME, other retailers in September
Ease of Doing Business for MSMEs: As compared to September 2020, the retail sales had recovered by 26 per cent in September 2021 with consumer durables & electronics, food and groceries, and quick ser
MSME lenders U GRO Capital, Kinara Capital to co-originate Rs 100 crore loans to small businesses
Credit and Finance for MSMEs: Through this partnership, the two companies are looking to disburse 3,000-4,000 loans to MSMEs in the next eight-12 months.
Mudra Yojana: MSMEs disbursed nearly 100% of sanctioned loan amount in H1 FY22, shows govt data
Credit and Finance for MSMEs: The high rate of disbursements assumed significance amid growth in Mudra loans turning into non-performing assets due to the Covid impact on the repayment capacity of bor
Small towns will write next chapter of India’s startup story, OYO founder Ritesh Agarwal says
"Small towns in India will write the next chapter of India's startup story & I'm delighted to extend my support to this momentum...," Agarwal said in a tweet.
Registering on Udyam portal? Do you know which year’s data govt will pick to classify you as MSME?
Ease of Doing Business for MSMEs: The classification of MSMEs through the Udyam portal was put in place with effect from July 1, 2020, when the portal was launched. The government had revised the MSME
Flipkart Wholesale: 70% e-commerce adoption by kiranas during Big Billion Days vis-a-vis year-ago sale
Ease of Doing Business for MSMEs: The general merchandise saw a 124 per cent growth in purchases, followed by a 50 per cent jump in grocery purchases and a 24 per cent increase in the fashion category
How MSMEs can manage sales, customer interactions on WhatsApp with new app from Reliance Jio’s Haptik
Haptik Launches Interakt App for MSMEs: The launch comes amid the growth of Direct To Consumer (D2C) brands on the internet that look to leverage personalised interactions with customers through chat
How international factoring licenses to fintechs are likely to ease MSME liquidity issues, boost exports
Credit and Finance for MSMEs: KredX, Vayana Network, M1xchange, and RXIL were recently issued licenses by Gujarat's Gift city-based IFSCA to offer international trade financing to exporters and import
WealthDesk: Simple, easy, profitable wealth creation
WealthDesk is a platform that helps you discover and invest in country’s best advisors/research driven portfolios which were previously inaccessible
Why Covid-hit MSME sector is prophesied to boost economy towards $5 trillion goal by FY25
Ease of Doing Business for MSMEs: Indian SMEs account for 80 per cent of the country’s enterprises, creating over 8,000 different value-added products, and productivity in the sector attracts a lot
Flipkart Big Billion Days report card: 55% growth in new sellers; Wholesale arm sees 1.3X jump in kiranas
Ease of Doing Business for MSMEs: For its B2B arm Flipkart Wholesale, catering to over 1.5 million kiranas, the company saw a 1.3X jump in the number of kirana and retail members onboarding the platfo
Over 5.5 lakh artisans provided with employment opportunities in 7 years via ‘Hunar Haat’: Govt
Skill, Labour, and Talent for MSMEs: Minority Affairs Minister Mukhtar Abbas Naqvi had informed last year that the government has started the process to register artisans and their indigenous products
In over 12 months, SIDBI’s 59-min MSME loan scheme logged this much growth in loans sanctioned
Credit and Finance for MSMEs: Loans disbursed grew 11 per cent from 1,96,473 loan applications involving Rs 54,545 crores as of August 31, 2020, to 2,18,977 applications involving Rs 64,067 crores as
Festive sales: Sellers on Amazon, Flipkart, other shopping portals offer additional discounts to sell more
Ease of Doing Business for MSMEs: E-commerce and social commerce companies have sold goods worth around $2.7-billion during the first four days of the festive sales and are likely to hit the $4.8-bill
The e-grocery bandwagon: Small grocery startups that braved pandemic now have to compete with big chains
Amid the pandemic, several small grocery startups are finding scalability in niche markets. But the struggle to compete with big chains remains
E-commerce companies log $2.7 billion in sales in first 4 days of festive sale: RedSeer
The report estimates that over 75 per cent customers are planning to buy equivalent to or more than last year across categories like mobiles, large appliances, beauty and fashion.
Exclusive: GeM to integrate with panchayats for latter’s online procurement of goods from MSMEs
Ease of Doing Business for MSMEs: MSEs currently have a share of 56.50 per cent in GeM’s overall transaction value of Rs 1.44 lakh crore.
Veritas Finance raises Rs 440 crore in Series F round
Promoted in 2015 by D Arulmany, Veritas Finance has since created a loan book of Rs 1,750 crore. It has a customer base of over 60,000 across eight states and one Union Territory.
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