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Tuesday, November 26, 2024

SMEDesk

Fintech startup Open among the 8 Indian companies in KPMG Fintech 100 Report

Bangalore, 12th Nov. 2019 - Fintech Startup Open, the fastest-growing SME neo banking service globally, has made it to the 'Fintech 100', a collaborative initiative undertaken by KPMG and H2 Ventures, which recognizes the best fintech innovators from around the...

How technology has solved the complex logistics issues?

SMEs are taken into consideration to be the backbone of India’s economy. The upward pressure of eCommerce and internet trend has widened the geographical scope of SME’s potential markets. Before the emergence of e-commerce traditional logistics turned into all approximately...

Government’s move on changing the definition of MSMEs in terms of turnover – Reaction of Laghu Udyog Bharati (LUB)

Laghu Udyog Bharati, a national association of micro and small industries has opposed the move by the Union Government to amend the definition for micro, small, and medium scale enterprises (MSMEs) based on turn over. Reasons for opposition: If the Indian...

PayU, the payments and fintech business of Prosus, leads the USD 11 million financing round in Fisdom

PayU, the payments and fintech business of Prosus, today announced its investment in Fisdom, a high growth consumer wealthtech platform in India. PayU leads the fresh round of investment worth USD 11 million through the acquisition of a minority...

How Digital Support can be Beneficial for SMEs to overcome challenges?

SMEs form the spine of the Indian economy with an evaluated 43 million registered and unregistered organizations across the nation granting employment to around 100 million people which deems for 40% of India’s workforce, second solely to the agriculture...

Advantages to the Startups by the Indian Government

Startups are growing very widespread in India. The government beneath the authority of PM Narendra Modi has begun and developed Startup India. To encourage growth and boost the Indian economy, numerous advantages are being provided to entrepreneurs building startups. Easy process The...

Government’s measures to resolve the Delayed Payment issues of MSMEs

The 2019-20 Budget had proposed a latest payment platform for India’s micro, small and medium enterprises (MSMEs), defined as organisations whose investments are beneath Rs 10 crore within the instances of manufacturing elements and beneath Rs 5 crore inside...

India decides not to join the RCEP – The great decision of Narendra Modi to benefit SMEs

The report says, India decided not to join the mega Regional Comprehensive Economic Partnership (RCEP) deal as negotiations did not deal with New Delhi’s concerns. It is reportedly stated that India’s opinion at RCEP is a robust idea of...

Role of India in manufacturing Security Economy

Manufacturing Industry has turned into a key piece of Prime Minister Modi's government strategy for development in India. India is utilizing electronic items at an unparalleled rate and in the present economy, India is importing over $170B of oil,...

DC MSME plans to setup 20 new Tech Centers across India

The Ministry of Micro, Small and Medium Enterprises (MoMSME) is scheming to set up as many as 20 new tech centers across India. Determined Price: DC MSME is planning to establish as many as 20 TCs throughout India at an approximate...

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GeM Partnership with Sikkim: Boosting Digital Procurement Across India

The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
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