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Tuesday, December 24, 2024

Funding

MSME Development Act – Has the act profited SMEs in India?

In a country messed up with corruption and bureaucracy, a huge step by the Government in 2006 that promised to help the MSME sector turned into a breath of sparkling air. The MSME Development act of 2006 became enacted...

GST based Bill Discounting can Afford great Assistance for MSMEs

The Government and chief economists in India executed a GST based bill discounting system into reality. As per the report, the GST series in India rose via 6% to INR 1.03 lakh crore in November, reversing months of decay. ...

Understand the significance of fundraising and funding for Indian startups

Any startups which might be established with a purpose to serve its enterprise objective need fundraising. Fundraising is vital for startups at the side of the investment system. When these two enterprise components come together they have a wealthy...

How can SMEs efficiently deal with their working capital?

MSMEs that frame the foundation of India’s development story is credit compelled and need sufficient assets to get by in an aggressive Ecosystem As indicated by a report by International Finance Corporation, just 21.5% SMEs approach fund from banks...

Is responsive Work Culture, Motivating Startups towards Sustainable Business?

As the force of entrepreneurship overwhelms India’s industrial landscape, the successful ecosystem of startups has now grown a disruptive force that is challenging the several sectors and providing rise to new opportunities. For several talented marketers that are controlling...

Indian Government is forming policy on credit ratings for MSMEs: Nitin Gadkari

While speaking at the International Women's Entrepreneurial Challenge Foundation Union Minister Nitin Gadkari said, “the government is in the technique of formulating a policy on credit score scores for micro, small and medium enterprises(MSMEs) to help investors and other...

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...

Government works on new MSME definition based on turnover

The new definition of Micro Small and Medium Enterprises (MSMEs) may be linked to turnover and take away the cutting-edge system of classifying devices primarily based on the capital deployed in plant and machinery. According to media reports, the MSME...

The Role of SIDBI in developing the MSMEs in India

The growth of the Indian Economy came into place with the significant role of Micro, Small and Medium Enterprises or MSMEs. Moreover, MSMEs have been playing a crucial part in the upliftment of the country’s socioeconomic arena. Their chief...

4 Vital Loan Schemes offering Credits for MSMEs in India

MSMEs are the main pillars for the major growth of the Indian economy. These firms strive continuously to develop the entrepreneurial activity in the country with the support of technology Therefore the sector is expanding its domain for satisfying both...
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Latest News

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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