Tue, Dec 10, 2024
E-commerce giant Amazon on Tuesday announced its commitment to enable USD 80 billion in cumulative exports from India by 2030 and said it has partnered with DPIIT to establish India as a global manufacturing hub.
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Wed, Oct 16, 2024
This investment marks a critical step in UGRO Capital's journey to empower small businesses at the grassroots level and deepen financial inclusion across the country, the NBFC focused on MSME lending said in a statement on Wednesday.
Tue, Sep 10, 2024
According to Dr Rajneesh, additional secretary and development commissioner, Ministry of MSME, several MSMEs needed to register with the government, and it was estimated that there were around 6.5-7 crore MSMEs in the economy and only 1.65 crore MSMEs were registered till last year with the government.
Thu, Jan 20, 2022
Japan's MUFG Innovation Partners and existing investors Tiger Global and Better Capital also participated in the funding round, a statement said, adding that the company has now raised USD 100 million in a year
Wed, Jan 12, 2022
Furniture start-up WoodenStreet on Wednesday said it will invest Rs 50 crore in 2022 and plans to double its on-ground presence from 45 to 100 stores this year by adding more stores across the country.
MSMEs and the start-ups are looking forward to some provisions in the Union Budget 2022 so that they can run their businesses smoothly.
Mon, Jan 10, 2022
The seven healthcare startups -- MedPiper Technologies, Dial4242 Ambulance Services, Dockare, Daffodil Health, Onward Assist, MayaMD and NeuroLeap -- are currently undergoing a 9-month incubation programme
T V Narendran, President – CII and CEO & Managing Director, Tata Steel Limited, talks about the economy and the visible challenges, and more during an exclusive interview with Swati Khandelwal, Zee Business.
Sat, Jan 08, 2022
CASHe has disbursed over Rs 1,000 cr worth of loans in 9 months of this fiscal year alone and is all set to disburse over 1400 crores in FY 21-22, thereby growing by over 100 percent over its previous year, a company statement claimed
Wed, Jan 05, 2022
Artificial intelligence technology startup Fractal said on Wednesday it has received a $360 million investment from private equity firm TPG through its Asia focused investment platform.
Sat, Jan 01, 2022
-2-B ecommerce and supply chain platform Bizongo has announced its latest fundraise of USD 110 million in Series D round led by New York-based Tiger Global Management, the company has said in a statement. With the latest round, Bizongo’s valuation has soared to USD 600 million, the company claims
Tue, Dec 28, 2021
The bank has entered into a strategic co-lending partnership with MAS Financial Services to offer loans to MSME borrowers under priority sector, Bank of Maharashtra said on Tuesday.
Sun, Dec 26, 2021
Fintech Kinara Capital has launched myKinara mobile app to cater to unsecured loans for the MSME sector. The app comes with a 3-step process and is available on Google Play Store,
Thu, Dec 23, 2021
Leading fintech startup Khatabook on Thursday announced that it is planning to double its employee base in the upcoming year.
Wed, Dec 22, 2021
Under this partnership, the two entities aim to disburse up to Rs 1000 crore to U GRO Capital's varied MSME segments under its programmes like Pratham, Sanjeevani, Saathi, GRO MSME and Machinery financing, in the next 12 months.
Sun, Dec 19, 2021
Tech-enabled insurance broking firm SecureNow, mainly focussed on providing commercial insurances to small and medium enterprises (SMEs), targets to scale up its clientele base to 50,000 by the end of this fiscal and further to 10 lakh in the next three years, the company's co-founder said
Sat, Dec 18, 2021
Private sector HDFC Bank on Friday said the bank's micro, small and medium enterprises loan book for Tamil Nadu crossed Rs 20,000 crore as of September 30, 2021.
Thu, Dec 09, 2021
Nearly two-thirds of small businesses believe that the government's Emergency Credit Line Guarantee Scheme (ECLGS) has helped them pass through financial troubles, according to a survey.
Commerce Minister asked the steel industry stake holders to assess the manufacturing costs and explore the possibilities of offering relief to small industries using steel as input for manufacturing of components and other engineering products
Tue, Nov 30, 2021
Money is the bloodline of any business.
Mon, Nov 29, 2021
SBI has entered into a co-lending arrangement with Capri Global Capital Limited (CGCL).
Sat, Nov 20, 2021
Union Minister Narayan Rane on Friday launched the Special Credit Linked Capital Subsidy Scheme for the services sector.
Thu, Nov 18, 2021
Sidbi on Thursday said it has entered into a partnership with Google India Pvt Ltd (GIPL) for piloting a social impact lending programme with financial assistance up to Rs 1 crore at competitive interest rates to MSMEs
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