Latest Articles in msmes

Alternate-Financing To Capitalise on $500bn SME Credit Opportunity: Report

The deficit, according to Redseer and GetVantage, hinders new-economy and emerging businesses from innovating new products, creating jobs, scaling operations, and building efficiencies

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Delhivery Lauches Digital Shopping Platform For MSMEs

Delhivery One is part of Delhivery's broader strategy to address the software needs of its customers across every segment

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Debt Marketplace Yubi Partners With Lendingkart For Co-lending To MSMEs

Additionally, the partnership includes co-origination of loans in a 100:0 model on Lendingkart's SaaS platform, 2gthr, for the MSME sector

Read More Partners With Axis Bank To Offer Solutions For MSMEs

This partnership will enable corporate anchors, downstream dealers and trading partners to avail the Bank’s supply chain finance solutions

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MSMEs To Unlock $100 Bn Potential Of Rural India

Despite an increase in financing to MSMEs in recent years, the addressable credit gap in the MSME sector is estimated to be INR 25.8 trillion, which formal financial institutions can viably finance in the near term

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U GRO Capital Improves Cash-Flow For Over 13,000 MSMEs: Report

The report was recently released in the presence of honorary SIDBI Chairman, Sivasubramanian Ramann at a physical event organised by the company

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Five Startups Solving Business Requirements For MSMEs In India

According to the India Brand Equity Foundation (IBEF), India has over 6.3 crore MSMEs, which account for around 29 per cent of the country's GDP. In addition, the industry creates a number of job prospects in tier 2 and tier 3 industries

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CredAble Disburses $3 Billion To 1,50,000 SMEs In Last 12 Months

This comes at a time when the MSME sector which contributes 40 per cent to total exports in India continues to find itself in financial distress with only 16 per cent of them eligible for formal credit

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Bizongo’s Revenue Across Textile Hubs Grows 20X in 11 months

The steep rise in cotton prices and coal shortage has kept manufacturing units under pressure, increasing the need for MSMEs to seek credit to keep their production on track. Bizongo has been helping MSMEs with collateral-free and minimum documentation working capital lines

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Union Budget 2022: A New Hope For The Nation

The Union Budget for 2022-23 has announced several measures for the micro, small and medium enterprises (MSMEs) sector that included an extension of the Emergency Credit Line Guarantee Scheme (ECLGS) till March 2023.ECLGS is a much-needed initiative that provides additional incentives to 130 lakh MSMEs and has immense scope to drive demand for warehousing and logistic sectors

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