MSMEs: Page 4

News and Trends

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

News and Trends

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.

Finance

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.

News and Trends

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

News and Trends

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

News and Trends

Indifi Technologies Raises INR 290 Crore In Series E funding

The funds raised will be used to develop new lending products, expand customer access, and enable more segments

News and Trends

GAME And SIDBI To Launch NBFC Growth Accelerator Program For MSMEs

The first phase of the program involves design of a comprehensive, actionable, granular report with the programme structure, piloting strategy, and implementation plan for NGAP by GAME

News and Trends

India Seeks Exemption For MSMEs From Carbon Tax: Report

The EU is introducing the Carbon Border Adjustment Mechanism from October 1 this year

News and Trends

Banks Sanction INR 23.2 Lakh Crore To About 40.82 Crore Beneficiaries Under Mudra Yojana

PM Mudra Yojana has played a vital role in funding the unfunded and ensuring a life of dignity as well as prosperity for countless Indians

News and Trends

Learning Links Foundation and Mastercard Celebrate Women Entrepreneurs Through SASHAKTI Program

Learning Links Foundation and Mastercard have helped and equipped 38,000 women entrepreneurs from low-income groups across seven states- Chhattisgarh, Delhi, Gujarat, Karnataka, Maharashtra, Telangana, and Uttar Pradesh under the program.

News and Trends

Eight Crore Youngsters Became Entrepreneurs With Mudra Scheme, Says Narendra Modi

The Prime Minister has also said that Mudra Yojana is helping a lot in boosting employment and self-employment in tourism

News and Trends

InsuranceDekho Raises $150 Million In Series A Funding

The fund raised will be used to scale up InsuranceDekho's product and technology functions, expand to new markets, launch new innovative products in the health and life categories, grow the company's MSME insurance business, strengthen its leadership team and pursue inorganic growth opportunities

News and Trends

5 Ways How Fintech Is Revolutionizing MSMEs

Technology advancements in the digital services ecosystem, such as account aggregators and OCEN make MSME lending simple

News and Trends

Aye Finance Raises $10 Million From responsAbility

The fund raised will be used to offer business loans to the excluded microenterprise sector to support their growth and enable their inclusion into the formal economy

News and Trends

Payoneer Sees An Innovative Future For SMBs

India's businesses particularly have the ingenuity, creativity, and the drive to make a mark on the global economy and that is why Payoneer here is making the investment and serving the customers