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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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E-mobility start-up, VAAN Electric Moto, launches e-bikes in India

E-mobility start-up, VAAN Electric Moto, launches e-bikes in Indi...

Sat, Jan 22, 2022

Union Minister of State for Skill Development, Entrepreneurship, Electronics and IT, Rajeev Chandrasekhar, launched the Van Electric Moto brand in India in a virtually held event in Kochi on Friday

AIMA introduces 6-month management course for MSME promoters, managers - What small businesses need to know

AIMA introduces 6-month management course for MSME promoters, man...

Fri, Jan 21, 2022

The All India Management Association (AIMA) on Friday said it has introduced a six-month management course for promoters and managers of micro, small and medium enterprises (MSMEs).

Indian MSMEs have manufacturing cost advantage in global value chain

Indian MSMEs have manufacturing cost advantage in global value ch...

Fri, Jan 21, 2022

MSMEs contribute around 30 per cent to India's GDP and have a 50 per cent share in the country's exports.

M2P Fintech raises USD 56 mln from Insight Partners, MUFG arm

M2P Fintech raises USD 56 mln from Insight Partners, MUFG arm

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

Furniture start-up WoodenStreet to invest Rs 50 cr to double stores in 2022

Furniture start-up WoodenStreet to invest Rs 50 cr to double stor...

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 coun

Budget 2022 Expectations: Expectations of MSMEs, start-ups from the Modi government in this year’s budget

Budget 2022 Expectations: Expectations of MSMEs, start-ups from t...

Wed, Jan 12, 2022

MSMEs and the start-ups are looking forward to some provisions in the Union Budget 2022 so that they can run their businesses smoothly.

Startup hub at IIM Bangalore: NSRCEL selects 7 healthcare firms for final-stage incubation programme

Startup hub at IIM Bangalore: NSRCEL selects 7 healthcare firms f...

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

Budget 2022: PLI Scheme has encouraged investments; Ease of Doing business should be simplified further, says TV Narendran, CII President

Budget 2022: PLI Scheme has encouraged investments; Ease of Doing...

Mon, Jan 10, 2022

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.

Digital platform CASHe raises Rs 140 cr in equity funding; balance sheet swells to over Rs 800 cr, company says

Digital platform CASHe raises Rs 140 cr in equity funding; balanc...

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

TPG invests USD 360 million in AI tech startup Fractal

TPG invests USD 360 million in AI tech startup Fractal

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.

Bizongo announces USD 110mn in series D round led by Tiger Global; valuation now over USD 600 mn, claims company

Bizongo announces USD 110mn in series D round led by Tiger Global...

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

Maharashtra Bank, MAS Financial Services enter co-lending pact for MSME borrowers

Maharashtra Bank, MAS Financial Services enter co-lending pact fo...

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.

Kinara Capital Launches myKinara Mobile App for MSMEs; to prvide collateral-free loans, says company

Kinara Capital Launches myKinara Mobile App for MSMEs; to prvide...

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,

Fintech startup Khatabook to double employee base in 2022

Fintech startup Khatabook to double employee base in 2022

Thu, Dec 23, 2021

Leading fintech startup Khatabook on Thursday announced that it is planning to double its employee base in the upcoming year.

Central Bank of India, U GRO Capital ink co-lending deal; aim Rs 1,000 crore disbursal

Central Bank of India, U GRO Capital ink co-lending deal; aim Rs...

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.

SecureNow to onboard nearly 50,000 small businesses by March-end

SecureNow to onboard nearly 50,000 small businesses by March-end

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

HDFC Bank MSME loan book in Tamil Nadu breaches Rs 20,000 cr

HDFC Bank MSME loan book in Tamil Nadu breaches Rs 20,000 cr

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.

ECLGS helped majority of small businesses sail through financial woes: Survey

ECLGS helped majority of small businesses sail through financial...

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.

Explore possibilities of offering relief to small industries, exporters: Piyush Goyal to steel makers

Explore possibilities of offering relief to small industries, exp...

Thu, Dec 09, 2021

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

Started a new business? Want to raise capital? Top 5 ways to finance your startup

Started a new business? Want to raise capital? Top 5 ways to fina...

Tue, Nov 30, 2021

Money is the bloodline of any business.

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