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
Rajesh Kumar Subramanium, Co-founder and CEO, Ghoshak

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

msme loans

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

msme loans

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.

exports india

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

Titan’s standalone sales were up 64% y-o-y overall, beating consensus by a wide margin.

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

delayed msme payments

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.

ritesh agarwal

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

flipkart big billion days, flipkart wholesale

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

RBI

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

Ujjwal Jain, Founder & CEO, WealthDesk

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

how to do msme udyam registration and know about its benefits and for whom this scheme

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

flipkart

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

Best Regular Income Saving Options bank fixed deposit rates too low to get attractive return know here some good alternative for regular income

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

E-commerce companies log $2.7 billion in sales in first 4 days of festive sale: RedSeer

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

However, despite an explosion of small players betting big on demands of the community and supplementing ways to sell fresh produce based on shorter supply chains, prompt home deliveries, innovation or premium price points, 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.

E-commerce companies log $2.7 billion in sales in first 4 days of festive sale: RedSeer

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.

e commerce

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.

Arulmany, MD & CEO, said the current capital raise will help the company penetrate deeper and expand to new geographies to pursue high growth, while insulating the organisation from any further shock waves or disturbances.
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