A fast-evolving business environment and rapidly-changing customer requirements have made on-the-job learning and skill upgradation a necessity for SMEs and MSMEs like never before. When you are stuck in a situation, like a customer site and need an immediate advice – who would you fall bac…
Free business websites for Indian SMEs and start-ups organised by SEOFIED
As the saying goes, “there are no free lunches in the world” yet here is an organisation that proposes to do just that for you. The story of a social initiative in Odisha that aims to encourage and motivate digital transformation of an entire nation. Collaborating with startups, small and medium …
Get My Parking raises $1.1 mn from IAN, others
Cloud-based mobile parking technology startup Get My Parking has raised $1.1 million (Rs 7.35 crore) in pre-Series A funding from Indian Angel Network (IAN), venture firm Beenext, The Chennai Angels, and Hero Corporate Services Chairman Sunil Munjal. The startup will invest the fresh funds to dep…
Surat International textile expo to begin on February 25
Surat: With a view to encourage the textile sector in Surat and south Gujarat region and to create ‘Brand Surat’, the Southern Gujarat Chamber of Commerce and Industry (SGCCI) has organised a three-day long Surat International Textile Expo (SITEX) starting from February 25. According …
How SMEs can be more nimble and innovative
Small and Medium Enterprises (SMEs) often lack resources and are buffeted by unpredictable events. But their very smallness means they can also be nimble. According to a Nanyang Business School study of more than 350 entrepreneurs in Singapore from Nov 2015 to Dec 2016, this flexibility — both in…
MSMEs are the star of Gujarat Budget; Get Rs 1k cr spcl package
Ahmedabad: Making higher allocation towards sectors highly impacting common man such as education, youth, health, Micro, Small and Medium Enterprises (MSMEs) and infrastructure, Gujarat Budget offers a Rs 1000 crore special package for MSMEs in the state. The state would go for Assembly Elections…
Textile, leather & food processing sectors on priority list of Jharkhand
Ranchi: Industries in the textile, leather and food processing sectors will now be the prime focus for the state government as the quick-implementation mantra is being practised for MoUs (Memorandum of Understanding) worth Rs 3.10 lakh crore that were inked during the recently-concluded Global In…
Sidbi commits Rs 110 cr from start-up fund
The Small Industrial Development Bank of India (Sidbi), nominated by the government to manage its Rs 10,000-crore ‘fund of funds’ for start-ups, has committed Rs 110 crore to four venture capital funds, who are together trying to raise over Rs 1300 crore, to invest in start-ups. The funds which h…
Need to encourage leasing to boost SME growth, says World Bank official
The World Bank Group sees “leasing” as an important financing tool for Small and Medium Enterprises (SMEs) and wants policymakers in India to take steps to propel its growth in the country. “Leasing is very sensitive to taxation and I understand the taxation rules were changed, and as a result, i…
Look forward to become anchor for several fintech start-ups: Barclays India COO Ram Gopal
Prime Minister Narendra Modi’s demonetisation push has suddenly thrown the spotlight on India’s growing fintech sector and startups in that space including Paytm. Barclays Bank has created ‘Rise Accelerator‘ in Mumbai to focus on the sector and solve their problems. Excerp…