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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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India Global Innovation Summit: Bengaluru to host global conference for startups from June 2

India Global Innovation Summit: Bengaluru to host global conferen...

Wed, Jun 01, 2022

The inaugural edition of IGIC is organised by strategic advisory firm Smadja & Smadja in a partnership with Karnataka Digital Economy Mission and the support of founding sponsors Catamaran Ventures and Tata Digital

Government approves guidelines for small business cluster development programme for 2021-26 period

Government approves guidelines for small business cluster develop...

Sat, May 28, 2022

The scheme aims at enhancing the competitiveness and productivity of micro and small enterprises by undertaking certain interventions.

Online tax advisory firm Taxbuddy.Com raises USD 2.10 mn in funding led by Zenith Global

Online tax advisory firm Taxbuddy.Com raises USD 2.10 mn in fundi...

Fri, May 27, 2022

Taxbuddy.Com, an online tax advisory company started by a former Indian Revenue Service officer Sujit Bangar, on Wednesday said it has raised USD 2.10 million (about Rs 16 crore) in funding led by UAE-based fund Zenith Global

Blockchain-based esports fan engagement startup STAN raises USD 2.5 M in seed funding

Blockchain-based esports fan engagement startup STAN raises USD 2...

Thu, May 26, 2022

Bengaluru-headquartered blockchain-based esports fan engagement startup STAN has raised an equity funding of USD 2.5 million in its seed round

EV ride-hailing startup BluSmart raises USD 25 mn in fresh funding round

EV ride-hailing startup BluSmart raises USD 25 mn in fresh fundin...

Wed, May 25, 2022

Electric vehicle (EV) ride-hailing and charging startup BluSmart on Tuesday said it has raised USD 25 million (around Rs 194 crore) in a fresh funding round

Centre making efforts to connect startups to govt ecosystem: Union minister Chandrasekhar

Centre making efforts to connect startups to govt ecosystem: Unio...

Mon, May 23, 2022

Centre is making efforts to connect Indian startups with the government ecosystem so that its procurement requirements can be met with their innovative solutions, Union Minister of State for Skill Development and Entrepreneurship Rajeev Chandrasekhar has said

B2B marketplace Fashinza raises USD 100 million in funding led by Prosus, Westbridge

B2B marketplace Fashinza raises USD 100 million in funding led by...

Fri, May 20, 2022

B2B marketplace Fashinza has raised USD 100 million (about Rs 774 crore) in a series-B funding round led by Prosus Ventures and Westbridge Capital, the company has said in a statement

Human resource technology startup Hono raises USD 5 mn in funding round led by Aakash Chaudhry

Human resource technology startup Hono raises USD 5 mn in funding...

Mon, May 16, 2022

Human resource technology startup Hono on Wednesday said it has raised USD 5 million (around Rs 39 crore) in a funding round led by test preparation company Aakash+Byju's managing director Aakash Chaudhry

Logistics tech Sartup Pickrr to open 25 new fulfillment facilities for faster last mile deliveries

Logistics tech Sartup Pickrr to open 25 new fulfillment facilitie...

Thu, May 12, 2022

Logistics tech startup Pickrr on Tuesday announced its plans to unveil 25 new fulfillment facilities pan-India for faster and more efficient last mile deliveries

Form groups of entrepreneurs, experts to suggest reforms in banking, other sectors: PM Narendra Modi tells business community

Form groups of entrepreneurs, experts to suggest reforms in banki...

Fri, Apr 29, 2022

Prime Minister Narendra Modi on Friday asked the business community to form groups of entrepreneurs and experts to suggest policy changes for reforms in banking and other sectors, and also to point out the shortcomings.

Zero Defect Zero Effect: ZED certification scheme launched for MSMEs

Zero Defect Zero Effect: ZED certification scheme launched for MS...

Thu, Apr 28, 2022

"The ZED certification scheme will be beneficial towards improving quality, increasing manufacturing output and profits and controlling the detrimental impact on the environment," said MSME Minister Rane at the launch.

Will take up MSMEs' suggestion to raise turnover cap for small units to PM, finmin: Union Minister Narayan Rane

Will take up MSMEs' suggestion to raise turnover cap for sma...

Wed, Apr 27, 2022

Narayan Rane on Wednesday said he will take up the suggestion of MSME associations to raise the turnover limit for classifying 'small' enterprises to Rs 100 crore with the prime minister and the finance ministry.

Apparel unit in tribal area to boost women employment

Apparel unit in tribal area to boost women employment

Mon, Apr 25, 2022

An apparel manufacturing unit will be set up in the tribal-dominated Kuchinda sub-division of Odisha's Sambalpur district to provide employment to women throughout the year and also to augment their livelihood, an official said.

Daalchini Tech expects to clock Rs 50 crore revenue in FY23

Daalchini Tech expects to clock Rs 50 crore revenue in FY23

Fri, Apr 15, 2022

Daalchini Technologies is expecting to grow multi-fold and clock a revenue of Rs 50 crore during the current fiscal with offices and institutions reopening in the country, a senior official of the company said on Friday.

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.

Online course in entrepreneurship: Yogi Adityanath government to start basic course in MSME

Online course in entrepreneurship: Yogi Adityanath government to...

Fri, Apr 08, 2022

To inculcate and encourage business development skills in youth, the Yogi Adityanath government in Uttar Pradesh will soon start an online course in entrepreneurship.

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.

Over Rs 30,160 crore loans sanctioned under Stand-Up India scheme in 6 years

Over Rs 30,160 crore loans sanctioned under Stand-Up India scheme...

Wed, Apr 06, 2022

Over Rs 30,160 crore loans have been sanctioned under the Stand-Up India scheme in the past six years, the Finance Ministry said on Tuesday.

Corporate & Mortgage Loans will be growth drivers in FY23: Sanjiv Chadha, MD & CEO, BoB

Corporate & Mortgage Loans will be growth drivers in FY23: Sa...

Tue, Apr 05, 2022

Sanjiv Chadha, Bank of Baroda, talks about his outlook for the banking sector in FY23, credit cycle and its growth, and wealth management space among others during an exclusive interview with Zee Business.

CredAble disburses Rs 22,500 cr working capital loans in FY22

CredAble disburses Rs 22,500 cr working capital loans in FY22

Thu, Mar 31, 2022

Working capital loan facilitating platform for small and medium businesses CredAble disbursed record USD 3 billion (Rs 22,500 crore) during the financial year 2021-22, and expects to double the amount in next fiscal on more customer acquisitions and high demand for short-term business loans, co-founder and CEO Nirav Choksi said.

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