SME

Farm Fresh: Bridging the gap between farm and table

Agri-tech startup Farmers Family raises funding from promoters of Safex Chemicals; signs MoU with IIM Lucknow-Enterprise Incubation Centre

top quotes

GeM CEO: We are 3rd biggest public procurement marketplace in GMV globally right now | Interview

Ease of Doing Business for MSMEs: "The quality of MSE goods is quite good but the main reason (for MSEs' higher share in GeM's total order value) is a large number of products and services they offer

GreenSat: Using satellite data to help farmers

This startup has partnered with a host of observatories to procure accurate data for precision farming

Deepak Yadav, Founder, GreenSat Innovation Labs

4x jump in patent, trademark registrations in 5 years; ‘special care’ to MSME, startup applications: CGPDT

Ease of Doing Business for MSMEs: The officials briefed the minister over how the IP process has been simplified and streamlined along with new timelines for disposal of applications and shift to digi

“Shared logistics can help put MSMEs on recovery path with infra, operational support from large firms”

Logistics for MSMEs: For smaller logistics MSMEs, continuous cash flow is integral to ensure operations are not hampered. However, they characteristically have lesser capital as opposed to their well-

supply chain, production

Govt doesn’t have data on lockdown-hit women-led units reporting decrease in sales revenue: Narayan Rane

Ease of Doing Business for MSMEs: According to a recent study by KVIC assessing the impact of the pandemic on micro units including women-led units under PMEGP, 88 per cent beneficiaries had reported

MSMEs in metal packaging ‘directionless’ due to govt’s silence over implementation of BIS order: MCMA

Ease of Doing Business for MSMEs: The government had issued the QCO in July last year that pushed manufacturers for BIS certification for the major input material required such as like tinplate, tin-f

Shyam Metalics IPO share allotment status, Shyam Metalics grey market premium, Shyam Metalics shares listing

One crore MSME borrowers given Rs 1.65 lakh cr support under ECLGS

ECLGS was announced as part of the Aatmanirbhar Bharat Package 2020 with an aim to help MSMEs/small businesses meet their operational liabilities and resume businesses in view of the distress caused b

The overall cap of admissible guarantee of ECLGS was raised from Rs 3 lakh crore to Rs 4.5 lakh crore on June 28, 2021.

Prime Day 2021 biggest ever sale event for SMB sellers in India, says Amazon

Ease of Doing Business for MSMEs: Amazon said 31,230 sellers saw their highest-ever single day sales while nearly 25 per cent more sellers’ grossed sales over Rs 1 crore as compared to last year’s

Amazon

MSME jobs: More small businesses likely to hire people during Q2FY22 amid Covid relaxations

Skill, Labour, Talent for MSMEs: Recently, a Parliamentary panel in its report on Covid impact on MSMEs had recommended the government to consider a new National Employment Policy, and a National El

Further, the data revealed that there has been a 21 per cent improvement in hiring in the banking sector in June compared to May.

Fintech startup Slice raises Rs 75.5 crore in debt funding

This fundraiser is a testament to the strength and success of Slice's products at scale, the company's strong fundamentals, and its high-value potential, Bajaj said.

Blackbuck, Blackbuck valuation

Dvara KGFS acquires TransactNow

Joby C O, CEO, Dvara KGFS, said, “The team and technology will help us to scale up our digital channel —  a network of agents offering all our products with great amount of transaction convenienc

mergers and acquisitions

Gupshup raises fresh $240 million within four months of it entering unicorn club

The US-headquartered company led by co-founder and CEO Beerud Sheth that has significant business operations in India turned unicorn in April this year after Tiger Global infused $100 million into the

Draft e-commerce rules: Hospitality body FHRAI suggests OTAs, FSAs, others to be defined as marketplaces

Ease of Doing Business for MSMEs: FHRAI suggested that it should be the liability of a marketplace e-commerce entity if a seller registered with such entity fails to deliver the goods or services orde

It was becoming nearly impossible to shell out a significant Rs 8 lakh in rental payments per month amid dwindling sales.

Covid 2.0 relaxations lead to sharp bounce back in credit demand by MSMEs, says report

Credit and Finance for MSMEs: The NPA rates for MSMEs were “controlled” at 12.5 per cent for March’21 vis-a-vis 12.6 per cent for March’20 even as the rates for March’21 were higher than 12

micro and small business MSE credit growth falls for second straight month in May

No code payment products a hit with MSMEs: Razorpay’s SMB Head

Credit and Finance for MSMEs: No code products such as payment link and payment page, which were not very relevant earlier have become way more mainstream for SMEs and in fact the payment gateway, whi

Fintech, unicorn, Razorpay, SME Business, SMB, Vedanarayan, Razorpay SME Vedanarayan Vedantham, Razorpay Vedanarayan Vedantham, no code, nocode, nocode solution, no code payment, No code products, MSMEs, Razorpay SMB Head, credit, finance, payment solutions, payment link, payment page, and payment buttons, payment gateway,digital adoption, pandemic, small businesses, solopreneurs, SMB, promoters, fintech unicorn, netbanking, UPI, Razorpay platform, Vedantham, neobanking, RazorpayX, lending, Razorpay Capital, Sequoia Capital, GIC

Large corporates setting up small subsidiaries to get public procurement tenders, will hurt MSEs: Experts

Ease of Doing Business for MSMEs: The government has not been aware of large companies setting up their wholly-owned MSE subsidiaries to acquire public procurement tenders. In response to a question i

Under the scheme, eligible investors in air-conditioners, LED lights and such components will get incentives of 4-6% on incremental sales (to be calculated over the base year of 2019-20) of products manufactured in India. The total incentives of Rs 6,238 crore will be disbursed over five years.

Govt’s stimulus package for economic revival ‘inadequate’: Par panel

It has recommended that the government should immediately come out with a larger economic package aimed at bolstering demand, investment, exports and employment generation to help the economy,

Govt's stimulus package, SME, Small and medium industries, Parliamentary panel, bolstering demand, investment, exports and employment generation

Bandhoo raises USD 1.1 million funding from Unitus Ventures

The funds will primarily be used to expand the engineering team, invest in building new features and functionality, and scale up operations

Bandhoo, Unitus Ventures, startup news, startup India

Parliamentary panel: Stimulus package for economy, MSMEs inadequate; detailed study on MSME losses must

Ease of Doing Business for MSMEs: "Most of the policies formulated are aimed at the benefit of medium and large enterprises in the country whereas the position should be contrary...The stimulus packag

. If the committee's report was favourable, then the project would be completed in three years,he added.

NSIC’s credit assistance to MSMEs for raw material procurement jumps 10% to over Rs 65 crore in FY21

Credit and Finance for MSMEs: Karnataka led the state-wise assistance under the RMA scheme in FY21 with Rs 26.81 crore provided to SC/ST entrepreneurs followed by Rs 10.90 crore for entrepreneurs in O

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

Zingbus raises Rs 44.6 crore in funding round led by Infoedge ventures

The company has also received backing from a clutch of value-adding angels like NFL fame Joe Montana, Alan Rutledge, John Jersin, Ankur Nagpal, Vinod Gupta, Ben McCan, and Harry Robertson among others

The company is targeting the USD 140 billion construction materials market with a strong focus on the infrastructure sector.

Factoring Bill gets LS nod, to bolster cash flow to MSMEs

The Factoring Regulation (Amendment) Bill, 2020, seeks to broaden the participation of entities in the factoring business, thus expanding the avenues of working capital credit to even small businesses

In India, factoring credit makes up for only 2.6% of total formal MSME loans, way below 11.2% in China. Moreover, only 10% of the total receivable market is currently covered under a formal bill discounting mechanism.

HDFC Bank launches up to Rs 10 lakh overdraft facility for shopkeepers, merchants to ease cash crunch

Credit and Finance for MSMEs: HDFC Bank will approve an overdraft limit from a minimum of Rs 50,000 to a maximum of Rs 10 lakhs.

Advertisement
Income Tax Calculator, Budget 2019, How to Calculate Income Tax

 

Stock Market

Advertisement
Advertisement