MSMEs
Union Budget 2024: FM Nirmala Sitharaman Gives Boost to MSMEs
Finance Minister Nirmala Sitharaman announced the Budget for 2024, giving a significant boost to MSMEs through a self-financing guarantee fund providing coverage of up to INR 100 crore per applicant
Scaling, Adapting, and Thriving: The Cloud Imperative for Indian SMEs
20 per cent of SMEs have successfully migrated more than half of their workload to Cloud and 51 per cent of SMEs prioritise Cloud for customer support.
Need For Digital Transformation for MSMEs In India: Forvis Mazars Report
There are a total of 63.39 million MSMEs in India with over 99 per cent of them being micro-enterprises contributing 30 per cent to the country's GDP and 45 per cent to its exports. Despite their major game play in the economy these enterprises remain significantly under-digitized.
Whatsapp and Whatsapp Business Dominate MSME Landscape With a 97% Usage Rate: Report
43 per cent prefer UPI at Micro, Small, and Medium Enterprises (MSME) while 38 per cent lean towards Aadhaar Banking for last-mile banking services.
CredAble Receives INR 30 Cr from SIDBI to Support MSMEs and Women-Led Businesses
The Axis Bank-backed lender aims to use the funding to expand its operations and bridge the funding gap for MSMEs and women-led enterprises.
Empowering MSMEs: Unlocking India's Trillion-Dollar Manufacturing Potential
By empowering MSMEs, India can realize its vision of a robust trillion-dollar manufacturing sector, fueling economic prosperity and sustainable development
CredRight Raises INR 78 Crore In Equity And Debt Financing Round
The platform will utilise this additional capital to expand further into new locations, strengthen its technology stack and help MSMEs access formal finance
PM Modi Addresses G20 Trade And Investment Meeting; Remarked On MSMEs And Global Trade
The Prime Minister also said that India believes in a rules-based, open, inclusive, multilateral trading system, with the WTO at its core
IIMA's CIIE.CO Partners With RBI's Innovation Hub To Support Women MSMEs
Swanari Techsprint by RBIH is an annual programme that offers a platform to conceptualise, develop and support innovations in technology that enhance access, usage and quality of financial services for women in India
Veritas Finance Secures Investment Of INR 1200 Crore
The company plans to use the fresh capital to enter new markets and strengthen its new product lines, including affordable housing loans
Dallas Venture Capital Secures INR 60 Crore From Self Reliant India Fund And NewcrestImage
The firm will utilize these funds to support faster growth of Micro, Small and Medium Enterprises (MSMEs) helping in the overall economy building and strengthening and maximizing employment opportunities
World MSME Day 2023: How Fintechs and Exchanges are Helping Solve the Most Pressing Issue of MSMEs
Despite employing 40% of India's workforce and accounting for 45% of the total Indian manufacturing output, MSMEs, the backbone of the Indian economy, have many challenges to deal with. The biggest of them is still the access to credit.
MSMEs Demand Instant Line Of Credit & Industry Networking as Topmost Priorities: Report
55% MSMEs want instant line of credit to accelerate everyday business decisions, as their topmost priority. One-fourth of MSMEs say industry networking with their supply chain ecosystem is critical for their growth.
Meta Joins Hands With CAIT To Upskill 1 Million Traders
A certification by Meta Small Business Academy will especially help new entrepreneurs and marketers gain critical digital marketing skills to grow on the Meta apps
Red Fort Capital Raises INR 11.5 Crore Debt Fund
The fund raised will support Red Fort Capital's mission to provide quick business loans to MSMEs and expand its loan book