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Saturday, November 23, 2024

SMEDesk

Bank Of Maharashtra introduces Maha Krishi Samrudhi Yojana

Agriculture is the backbone of India's economy, making the support system for farmers and agro-based industries essential. Recognizing this, Bank of Maharashtra has introduced the Maha Krishi Samrudhi Yojana (MKSY), a comprehensive financial assistance program for food and agro-based...

STM Goods Successfully Concludes Channel Partner Meet in Bengaluru

Mumbai, India – May 29, 2024 – STM Goods, a leading brand known for its innovative bags, cases, and accessories for consumer electronic devices, recently concluded a highly successful channel partner meet in Bengaluru. The event was designed to...

ONDC Onboards 125 Ecosystem Stakeholders to Democratize E-commerce

The Open Network for Digital Commerce (ONDC), an initiative aimed at democratizing e-commerce and making digital commerce accessible to smaller players, recently announced the onboarding of 125 ecosystem stakeholders. These stakeholders include a mix of startups and some of...

Portl Raises $3 Million to Expand Digital Fitness and Wellness Offerings

Digital fitness and wellness startup Portl has successfully raised $3 million in a funding round led by Bharat Innovation Fund. This latest investment also saw participation from T-Hub Foundation and existing investor Kalaari Capital. The fresh capital infusion is...

Project Digital Saksham: Revitalizing Kolkata’s Industrial Heritage with Digital Training

The Confederation of Indian Industry (CII), in collaboration with Mastercard’s Centre for Inclusive Growth, is spearheading a digital revolution for micro, small, and medium enterprises (MSMEs) in West Bengal through Project Digital Saksham. This initiative, targeting Kolkata, Hooghly, South...

Orb Energy Commissions First 35 MW Ground-Mounted Solar Park in Karnataka

Orb Energy, a leading solar power company in India, has achieved a significant milestone. The company commissioned its first 35 MW (DC) ground-mounted solar park in Arsikere, Hassan district, Karnataka. This solar facility spans 110 acres and is projected...

MSME Registration Now Open to Traders: Benefits and Impact

The Udyam Registration, commonly known as MSME registration, is now accessible for traders. According to the government, individuals involved in retail or wholesale trading can now register and enjoy the benefits available to other registered entities under the MSME scheme....

Amazon India to Showcase Visakhapatnam’s Tribal Artisans on Global Stage

Amazon India has signed a Memorandum of Understanding (MoU) with the Visakhapatnam Forest Tribals. This partnership aims to help tribal artisans from Visakhapatnam sell their handcrafted products globally. By providing an e-commerce platform, Amazon offers these artisans a chance...

Fusion Micro Finance Secures $25 Million Loan to Boost Financial Inclusion

Fusion Micro Finance, a leading NBFC microfinance company, announced on Friday that it has entered into a $25 million loan agreement with the United States International Development Finance Corporation (DFC). This significant funding aims to enhance the company's business...

NCLT Ruling on MSMED Act and IBC Intersection

The Mumbai Bench of the National Company Law Tribunal (NCLT) has delivered a crucial ruling regarding the applicability of interest under the Micro, Small, and Medium Enterprises Development Act, 2006 (MSMED Act) in the context of the Insolvency and...

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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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