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Nirmala Sitharaman likely to launch UPI-based lending facility for MSMEs on March 6

Nirmala Sitharaman likely to launch UPI-based lending facility fo...

Mon, Mar 03, 2025

As part of this facility, MSMEs will be able to borrow funds based on their digital transactions.

SBI Chairman pitches for dedicated institutions to track end-use of funds raised by small businesses

SBI Chairman pitches for dedicated institutions to track end-use...

Fri, Jan 10, 2025

The domestic saving rate has to rise from the present level by at least 3.50% points to 33.5% for achieving the growth agenda.

Delhi MSMEs visited by high-level German delegation from Friedrich Naumann Foundation

Delhi MSMEs visited by high-level German delegation from Friedric...

Fri, Oct 25, 2024

The delegation—representing the Friedrich Naumann Foundation (FNF) South Asia—appreciated the contributions of Indian MSMEs to the nation's economy while exploring their potential for future growth.

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DBS Bank India rolls out pre-shipment financing solution for MSMEs on TReDS

DBS Bank India rolls out pre-shipment financing solution for MSME...

Tue, Jul 02, 2024

DBS Bank India has announced the launch of a pre-shipment financing solution aimed at empower SMEs in the country, in partnership with Receivables Exchange of India Ltd (RXIL), the first Reserve Bank of India-licensed exchange platform under the Trade Receivables electronic Discounting System (TReDS).

Small business distress index hits mid-2020 high

Small business distress index hits mid-2020 high

Wed, Aug 02, 2023

The report's definition of corporate distress includes uncertainty about corporate financial health and ability to service debts.

Top 10 Office design ideas which emerged in 2022

Top 10 Office design ideas which emerged in 2022

Mon, Jan 02, 2023

Commercial interior design has picked up steam once more now that we are back on track, with businesses investing time and money in designing their offices.

Govt taking steps to make Indian MSMEs stronger, globally competitive: Minister

Govt taking steps to make Indian MSMEs stronger, globally competi...

Tue, Dec 06, 2022

Addressing FICCI's Annual MSME Summit, Verma urged the industry and other stakeholders to work with the government to make India a USD 5 trillion economy along with becoming self-reliant.

SCF DECODED: How Supply Financing Can Change the Way SME Get Financed

SCF DECODED: How Supply Financing Can Change the Way SME Get Fina...

Fri, Oct 21, 2022

Know Benefits of Supply Chain Finance for SMEs.

Agri start-ups should strive to make India a global leader: Union Minister

Agri start-ups should strive to make India a global leader: Unio...

Thu, Sep 15, 2022

Talking about Prime Minister Narendra Modi's vision to achieve self-reliance in agriculture sector, she said agri start-ups have to put in their efforts to realise this vision.

IT Ministry, Meta join hands to boost extended reality startup ecosystem in India

IT Ministry, Meta join hands to boost extended reality startup e...

Wed, Sep 14, 2022

At first 80 innovators will be shortlisted to attend a bootcamp, out of which, a total of 16 innovators will be provided grants of Rs 20 lakh each and further support to help them develop a minimum viable product or prototypes.

Fintech platform Mswipe to launch payment gateway soon, secures RBI nod

Fintech platform Mswipe to launch payment gateway soon, secures R...

Thu, Aug 11, 2022

With this approval, Mswipe will be able to develop an in-house online payment gateway.

How ad-tech startups are revolutionalising advertising landscape

How ad-tech startups are revolutionalising advertising landscape

Wed, Aug 10, 2022

The company specialises in digital marketing for all major kinds of app verticals including gaming, e-commerce, lifestyle, utilities, social, education, entertainment, and others on CPM, CPI, and CPA cost models.

IRDAI plans to revise Rs 100 crore entry cap for startups in insurance business

IRDAI plans to revise Rs 100 crore entry cap for startups in insu...

Thu, Jul 28, 2022

The IRDAI is of the view that niche players can have a lower start-up capital than the Rs 100 crore for any insurance company.

ConsCent raises USD 1.75 mn in funding round led by Inflection Point Ventures

ConsCent raises USD 1.75 mn in funding round led by Inflection Po...

Tue, Jul 12, 2022

Content monetisation platform ConsCent has raised USD 1.75 million (about Rs 14 crore) in a funding round led by Inflection Point Ventures, a top official of the company said on Tuesday.

MSMEs credit demand exceeded pre-pandemic levels in these two cities, reveals NeoGrowth MSME Insight Report 2022

MSMEs credit demand exceeded pre-pandemic levels in these two cit...

Mon, Jun 13, 2022

MSMEs have been able to bounce back stronger post-pandemic with timely support, reveals the MSME Insight Report 2022 –Rising In The Face of Adversity.

Funding Announcement News: Micro MSME fintech ARTH raises $2.5 million from DEG, MIT Alumni and US & Canadian angel investors

Funding Announcement News: Micro MSME fintech ARTH raises $2.5 mi...

Tue, Jun 07, 2022

"At ARTH, we are trying to bring this refreshing change in financial services approach to being a proactive financing partner to the Micro MSME," Shweta Aprameya, Founder of ARTH, said.

Funding Announcement: Alt Co. raises over US$1 - Biggest amount raised in ALT dairy space in India, says company

Funding Announcement: Alt Co. raises over US$1 - Biggest amount r...

Thu, Jun 02, 2022

"In the lead-up to the funding round, Alt Co. had expanded its presence into new states, increased the number of retail touch points, and seen a rise in online sales."

How retailers can build a successful omni channel retail strategy - Expert suggests this

How retailers can build a successful omni channel retail strategy...

Mon, May 30, 2022

"Retailers also need to finetune their strategy and be Omni Channel-inclusive to offer a seamless customer experience."

WoodenStreet raises USD 30 million, says largest funding raised by any vertical furniture player for 2022 in India

WoodenStreet raises USD 30 million, says largest funding raised...

Wed, Apr 27, 2022

"So far, it is the largest funding raised by any vertical furniture player for the year 2022 in India," the Jaipur-based startup said.

India Post Payments Bank's 'Fincluvation': Explained - What it is and why it's a boost for fintech startup community

India Post Payments Bank's 'Fincluvation': Explain...

Fri, Apr 22, 2022

“Fincluvation is a step in this direction, an Industry first initiative to create a powerful platform to mobilize the start-up community towards building meaningful financial products aimed at financial inclusion."

Lagnam Spintex declares FY22 results - Total revenue, EBITDA, PAT, EPS and more

Lagnam Spintex declares FY22 results - Total revenue, EBITDA, PAT...

Mon, Apr 18, 2022

The company says that it was able to achieve the total revenue of Rs.348.95 crores during the FY22 as against Rs.205.52 crores during FY21.

Big boost of Modi govt's policy - Global appreciation of kha...

Fri, Apr 15, 2022

In march this year, Patagonia, through textile giant Arvind Mills, placed an order for purchasing 17,050 meters of Khadi Denim fabric worth nearly Rs 80 lakh from Udyog Bharti, a Rajkot-based Khadi Institution in Gujarat.

Karnataka: CM Bommai to open fair on micro enterprise in Bengaluru on Apr 8

Karnataka: CM Bommai to open fair on micro enterprise in Bengalur...

Wed, Apr 06, 2022

The Karnataka government aims to add 30,000 micro enterprises to the existing 50,000 such businesses, State Minister C N Ashwath Narayan said on Wednesday.

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