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Eswasthalya Healthcare launches app to provide online consultation, drive awareness

Ankit Arora, Co-founder of SwasthU and an alumnus of AIIMS, said that the vision is to make available the entire healthcare ecosystem at a single platform.

John Chambers-backed Uniphore acquires Spain-based AI company; to expand into European markets in FY22

With the integration of Emotion Research Lab’s AI solution, Uniphore will begin rolling out its voice and video AI products for enterprises in the second half of 2021.

Govt working with SBI to launch e-commerce portal for MSMEs; to take on Amazon, Flipkart, others

Ease of Doing Business for MSMEs: The government currently already has a business-to-business marketplace Government e-Marketplace (GeM) to help MSMEs sell directly to government organisations and departments.

November YoY growth in bank credit to MSEs declines marginally from October YoY, shows RBI data

Credit and Finance for MSMEs: Gross bank credit growth for MSEs in the services sector continued to scale north. From 10.2 per cent YoY growth in September and 10 per cent in October, services MSEs saw deployment up by 9.1 per cent in November worth Rs 7.57 lakh crore from Rs 6.94 lakh crore in November 2019.

Budget 2021 Expectations: ‘Tax exemption, interest reduction, power subsidy needed for rural MSMEs’

Union Budget 2021 Expectations for MSMEs: Only MSMEs are well placed with competency, flexibility, local market understanding, and experience to bring about rural revolution.

Flipkart-Aditya Birla Fashion deal gets Competition Commission of India nod

Aditya Birla Fashion had in October last year approved plans to raise Rs 1,500 crore by issuing a 7.8 per cent stake on a preferential basis to Walmart-owned Flipkart Group.

ECLGS: Banks sanction 71% of Rs 3 lakh cr emergency credit scheme for MSMEs; disburse this much amount

Credit and Finance for MSMEs: Under ECLGS 2.0, Rs 3,344 crore was disbursed to 1,188 borrowers out of Rs 15,571 crore sanctioned to 2,772 borrowers as of January 8, 2021. The amended version focused on entities in 26 stressed sectors identified by the Kamath Committee along with the healthcare sector.

Govt sees 800% jump in job seekers on MSME hiring portal Sampark, this many recruiters added in a year

Skill, Labour, Talent for MSMEs: MSMEs have created 11.10 crore jobs (360.41 lakh in the manufacturing sector, 7,000 in non-captive electricity generation and transmission sector, 387.18 lakh in trade, and 362.22 lakh in other services) in the rural and the urban areas, as per the MSME Ministry FY20 report.

Heads of Nasscom, CII, SoftBank India, Ola, Byju’s, others to advise govt on promoting startup ecosystem

The DPIIT had constituted the council on January 21, 2020, to suggest the government various steps required “to build a strong ecosystem for nurturing innovation and startups in the country to drive sustainable economic growth and generate large scale employment opportunities".

Fireside Ventures closes second startup fund with backing from SIDBI’s FFS, ITC, Premji Invest, others

Founded by Kanwaljit Singh, Fireside Ventures has backed startups including boAt, Mamaearth, Vahdam Teas, Yoga Bar, Bombay Shaving Company, Pipa Bella, Kapiva Ayurveda, and more.

Budget 2021 Expectations: ‘Govt must encourage local production, supply chains by partnering with MSMEs’

Union Budget 2021 Expectations for MSMEs: Many in the MSME sector are looking forward to the upcoming budget with high hopes especially since the government has been forthcoming and helpful during the pandemic.

Dunzo raises $40 million from Google, Lightbox & others

The fresh capital will be used to expand in Mumbai, Chennai and Pune, its fastest growing markets, the firm said.

Govt should find ways to encourage more Indians to back local entrepreneurs, says Zerodha founder

Kamath, however, acknowledged that there has been a palpable change in the broader mindset and believes that the emerging crop of new investors will be more forthcoming in supporting Indian entrepreneurs.

Kerala looking into the possibility of setting up a dedicated VC fund

This will be done beside opening up the government market for startup consortiums and hiking the special fund for startup development, the state said.

Budget 2021 Expectations: Angel Tax norms should be further eased to benefit startups, say experts

Union Budget 2021 Expectations for Startups: Angel Tax is levied on non-DPIIT registered startups receiving investments from angel investors if the consideration for the issue of shares exceeds the Fair Market Value (FMV) of such shares.

After Flipkart, Amazon launches startup accelerator; to offer $50K grant, help in e-commerce exports

Amazon CEO Jeff Bezos during his three-day visit to India last year had said that the company will help export $10 billion worth of goods made by Indian small and medium enterprises by 2025.

IAMAI Summit: 2021 onwards, every payments business will focus on profitability, says Vijay Shekhar Sharma

"Competition in payments is getting mature and when you see challengers, they all will find what is it they stand for. Payment is so fundamental as a business that it will inevitably have n number of players,” Vijay Shekhar Sharma, Founder, Paytm said in a fireside chat with Anant Goenka, Executive Director, The Indian Express on Tuesday.

Startup Talk: WhiteHat Jr founder & CEO Karan Bajaj shares how he rapidly scaled up the ed-tech coding company

In 2018, Bajaj left Discovery to start WhiteHat Jr (WhiteHat incidentally is a term used for ethical hackers), because he felt he loves to build things.

Mudra Yojana: 91% of sanctioned loan amount under PM Modi’s pet scheme disbursed to MSEs in Q1-Q3 FY21

Credit and Finance for MSMEs: The disbursement rates for the preceding financial years FY20 and FY19 were 97.6 per cent and 97 per cent respectively under the Mudra Yojana.

Budget 2021 Expectations: MSMEs seek extension of credit guarantee scheme, interest subvention coverage

Union Budget 2021 Expectations for MSMEs: The government had waived the onboarding fee of Rs 10,000 on TReDS platforms in September last year till March 2021 and had also integrated the new portal for registration of MSMEs — Udyam Registration with TReDS and government e-commerce platform GeM for seamless transactions.