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MSME

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.

Union Budget 2025: PHDCCI reaction on the budget

Union Budget 2025: PHDCCI reaction on the budget

Sun, Feb 02, 2025

See here what D.P Goel, C0 chair MSME Committee, PHDCCI said on the budget.

Union Budget 2025: Credit Boost For MSMEs, higher investment and turnover limits unveiled

Union Budget 2025: Credit Boost For MSMEs, higher investment and...

Sat, Feb 01, 2025

Union Finance Minister Nirmala Sitharaman on February 1st came out with good news for the Micro, Small and Medium Enterprises (MSME's) in India. Sitharaman in her eighth budget speech stated that the credit guarantee cover limits and provisions for the sector are going to be enhanced.

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Uttar Pradesh city Varanasi wows global clientele with its glass...

Sun, Oct 25, 2020

Famous for its Banarasi sarees and wooden toys, the city of Varanasi is now wooing a global clientele with its famous glass beads. These glass beads are among the 12 products from Varanasi included for Geographical Indication (GI) tags.

Indian startups, SME's most vulnerable to cyberattacks: Report

Indian startups, SME's most vulnerable to cyberattacks: Repo...

Sat, Oct 24, 2020

As per findings in the recent handbook titled "Cybersecurity for SMEs & Startups" by CyberPeace Foundation (CPF), startups and SMEs remain the most vulnerable segment in India when it comes to cyberattacks.

Govt unlikely to extend credit guarantee scheme for MSME sector beyond Oct

Govt unlikely to extend credit guarantee scheme for MSME sector b...

Mon, Oct 19, 2020

The scheme is meant to provide financial support to businesses, primarily Micro, Small and Medium Enterprises (MSMEs).

Major MSME boost! How Modi government is providing assistance to Micro, Small & Medium Enterprises

Major MSME boost! How Modi government is providing assistance to...

Wed, Oct 14, 2020

In a major initiative, Ministry of MSME under Modi government has onboarded latest IT tools of Artificial Intelligence(AI) and Machine Learning (ML) for providing assistance and solutions to the issues of Micro, Small, and Medium Enterprises (MSMEs).

Razorpay joins the league of unicorns in India with $100 mn fresh funding

Razorpay joins the league of unicorns in India with $100 mn fresh...

Mon, Oct 12, 2020

The company will power payments and banking for 50 million businesses by 2025

Big benefit announced! You can do this now 24/7 - India one of few countries offering this payment facility!

Big benefit announced! You can do this now 24/7 - India one of fe...

Fri, Oct 09, 2020

In a major development, the Reserve Bank of India (RBI) today announced round-the-clock availability of Real Time Gross Settlement System (RTGS). The RBI Governor Shaktikanta Das, while announcing the decisions of the new Monetary Policy Committee (MPC), said that this facility will be made effective from December 2020 and will be available on all days of the year

Pigi Fitness Company launches its flagship Redscience FULL STACK Whey Protein for Athletes

Pigi Fitness Company launches its flagship Redscience FULL STACK...

Thu, Oct 08, 2020

Pigi Fitness Company, a renowned brand in the world of sports nutrition and health supplements, has launched its flagship Redscience FULL STACK Whey Protein Powder product range, designed exclusively for catering to the specific health and nutrition needs of professional athletes

Nabventures, Omnivore invest USD 1 mn in Krishitantra

Nabventures, Omnivore invest USD 1 mn in Krishitantra

Thu, Oct 08, 2020

Nabard's venture capital arm Nabventures on Wednesday said it along with Omnivore has invested USD 1 million (Rs 7.6 crore) of seed funding in Krishitantra, an agritech company.

Unnati raises USD 1.7 mn from Nabventures Fund

Unnati raises USD 1.7 mn from Nabventures Fund

Tue, Oct 06, 2020

Agritech startup Unnati has raised USD 1.7 million (about Rs 12.5 crore) in pre-series A funding from Nabventures Fund

Over 1 lakh local shops, kiranas to facilitate Amazon India's delivery this festive season

Over 1 lakh local shops, kiranas to facilitate Amazon India'...

Mon, Oct 05, 2020

E-commerce major Amazon India on Sunday said it has enabled over one lakh local shops, kiranas and neighbourhood stores across the country through its various initiatives to facilitate delivery of packages this festive season

Baidu-backed online tutor Zuoyebang seeks new funding at $10 billion valuation - sources

Baidu-backed online tutor Zuoyebang seeks new funding at $10 bill...

Wed, Sep 30, 2020

Chinese online education startup Zuoyebang has started a new fundraising drive at a valuation of $10 billion, said two people with direct knowledge of the matter, as investor appetite for the sector continues to surge amid the COVID-19 pandemic

GPS Renewables raises USD 3 min

GPS Renewables raises USD 3 min

Wed, Sep 30, 2020

Cleantech startup GPS Renewables on Wednesday said it has raised USD 3 million in a round led by Dutch impact investor Hivos- Triodos Fund

Indian startups raised $63 billion; tech-enabled players continue to drive investors' interest

Indian startups raised $63 billion; tech-enabled players continue...

Tue, Sep 29, 2020

Indian Private Equity and Venture Capital Association today revealed that Indian startups have raised $63 Billion during the period 2016-20. In 2019, as much as, $34 Billion was invested in Indian startup ecosystem and an additional $17 Billion invested in 2020 (till May)

BSE joins hands with Yes Bank to empower SMEs

BSE joins hands with Yes Bank to empower SMEs

Tue, Sep 29, 2020

Leading stock exchange BSE on Monday said it has signed a pact with private sector lender Yes Bank to empower the small and medium enterprises (SMEs) listed on the platform. The pact aims at empowering the SME segment?through awareness and knowledge-sharing programmes, BSE said in a statement

Labour Ministry allays fears about Labour Codes

Labour Ministry allays fears about Labour Codes

Tue, Sep 29, 2020

The Ministry of Labour and Employment on Monday allayed apprehensions about the Labour Codes passed last week by Parliament, saying the "criticisms being aired are misfounded". The ministry in a statement termed the bills as historical game changer reform bills

Vahdam Teas ties up with BYJU'S for digital learning of tea estate workers' children

Vahdam Teas ties up with BYJU'S for digital learning of tea...

Mon, Sep 28, 2020

Vahdam Teas on Saturday said it has partnered with BYJU's for providing digital learning to children of tea estate workers. The two partners plans to kick off a pilot project this month across 8-10 tea estates in Darjeeling covering more than 1,000 children, Vahdam Teas said in a statement

Govt forms five task forces to make Indian MSMEs future-ready: Secy

Govt forms five task forces to make Indian MSMEs future-ready: Se...

Sat, Sep 26, 2020

The government has constituted five task forces to make India's micro, small and medium enterprises future-ready and formulate a concrete strategy towards making the country a leading exporter, a top government official said on Thursday.

1,100 indigenous manufacturers of PPE kits developed by Centre till date: Choubey

1,100 indigenous manufacturers of PPE kits developed by Centre ti...

Thu, Sep 24, 2020

A total of 1,100 indigenous manufacturers of personal protection equipment (PPE) kits have been developed by the government till date, most of them being from the MSME sector, the Lok Sabha was informed on Wednesday

Melorra raises $12.5 mn from Symphony Asia, Lightbox Ventures and others

Melorra raises $12.5 mn from Symphony Asia, Lightbox Ventures and...

Thu, Sep 24, 2020

Jewellery brand Melorra on Wednesday said it has raised USD 12.5 million (about Rs 92 crore) in funding from Symphony Asia, Lightbox Ventures and Alteria Capital

Agriculture Startups: Promoting agripreneurship! Modi government takes this big step

Agriculture Startups: Promoting agripreneurship! Modi government...

Wed, Sep 23, 2020

In order to promote entrepreneurship in agriculture sector the Narendra Modi Government has taken a new step. The Department of Agriculture, Cooperation and Farmers Welfare (DACFW) has launched a new component called ‘Innovation and Agri-Entrepreneurship Development’ to promote innovation and agripreneurship in the sector

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