Credit Saison and Capital Float join hands to offer digital financing to SMEs
As part of the agreement, Capital Float and Credit Saison will provide working capital financing to MSMEs, particularly to those from the country’s tier-2 towns and cities and beyond.
Club Factory sees surge in monthly active users in India
With a focus on SMEs, the platform is promoting sellers by giving them increased exp...
ETRise Top MSMEs Ranking: Union Bank CMD says conventional credit worthiness model does disservice to millions of entrepreneurs
Union Bank fo...
Amazon's Great Indian Sale's here. Check out the top deals
There will be up to 70% on from small businesses that includes up to 50% off artisan handloom and handicrafts. Up to 75% on 'interesting finds' from startups, 40% off on women-made products, up to 80% off on fashion, accessories and home products.
Jeff Bezos says Amazon to invest $1 bln in digitizing SMBs in India
Amazon.com Inc will invest $1 billion in digitizing small- and medium-businesses in India and expects to export $10 billion worth of India-m...
Amazon is to invest $ 1 billion in Indian SMBs: Jeff Bezos
Addressing the audience and talking about his entrepreneurial journey, he said, “I had this idea and I knew that if I don’t try I would regret it. Last 25 years, what happened is beyond my expectation.”
SMEs move HC against cess on exempted exporters
Some small and medium enterprises have dragged the government to court over levying cesses on firms exempted from customs duty even as the revenue department scrambles to boost tax collections.
Number of internship positions crossed 1 million mark in 2019: Report
The platform’s annual intern hiring trends report for 2020 shows that this number crossed the 1 million mark in 2019 - a key indicator of the growing opportunities for Indian students to gain practical exposure and build their skill-set via internships.
Power2SME inks MoU with PHDCCI to empower MSMEs
The initiative is aimed at strengthening SMEs by providing them with the right opportunity, guidance and support from Power2SME and PHDCCI.
Availability of resources a major challenge for SMEs: IamSMEofIndia’s Rajiv Chawla
After the twin shocks of demonetisation and the introduction of GST, the MSMEs in the country have found it tough to navigate their business...
Technology-enabled lending in 2020: from data to diversity
We are in the midst of a data explosion and by one estimate, about 2.5 quintillion bytes of data created each day. In India what is more significant is the fact that a lot of new data being created about individuals largely without any digital footprint.
Questions for 2020: Sensex climbing Mount 50,000?
More foreign money has poured into stocks this year than in any year since 2014. For hopes of a recovery to continue, some crucial reform decisions need to be taken. The non-bank lender crisis needs to be resolved for money to start flowing to SMEs.
Banks’ economic apartheid towards SMEs must end
The SME sector is facing some sort of economic apartheid from lenders which means “separateness”.
Facebook to partner with more VC funds for mentoring SMEs
Archana Vohra, director of small and medium businesses at Facebook India said that the company has done a lot of work this year to facilitate the growth of the segment, including the launch of its VC Brand Incubator programme.
VMware targets SMEs for further growth in India
The Palo Alto, California-headquartered company last year announced $2 billion investment in India over the next five years towards expanding its facilities, increase headcount and ramp up research and development activities.
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