FM Jaitley announced slew of majors to boost MSME sector.
…
Tag: SMEs
Big Data Dividend For Small Business
While traditionally large enterprises had the resources to leverage data analytics, availability of visual analytics as a service has enabled small and medium enterprises (SMEs) to reap the benefits of technology. Information is the lifeline of any business and is a highly valued asset in today’s…
Power2SME raises $36m in Series-E funding from Nandan Nilekani & existing investors
The capital raised will be used for geographical expansion, accelerate product growth and innovation, invest in additional sales and marketing resources and evaluate strategic acquisition opportunities.
…
This start-up is building & transforming India’s electrical B2B marketplace for SMEs
Every successful story begins with development of a vision, from a dream, and from a very small but un-fluctuating hope that one day things will change for better, for the larger good. A similar story of hope is one of India’s first electrical B2B marketplace for global trade – SwitchBazaar.…
How small industries need good data management to improve efficiency
SMEs account for 45 per cent of total industry output and 40 per cent of total exports. They are a real driving force in the economy, with widespread effect on everything from poverty levels and employability to the allocation of activity in the economy and beyond
…
Online lending start-up KNAB Finance raises funds from InCred, others
KNAB Finance Advisors Pvt. Ltd, a fin-tech firm that provides unsecured working capital loans to small and medium-sized enterprises (SMEs), has raised a little over Rs 2.5 crore in two funding rounds. Non-banking financial company (NBFC) InCred, and over a dozen individual investors including Min…
With 9 days to GST rollout, Anti-Profiteering rules still a major concern for Telangana MSMEs
With less than 10 days left for the Goods and Services (GST) regime to come into effect, apprehensions about anti-profiteering and penalties have been worrying Micro, Small and Medium Enterprises (MSMEs) in the state. So far, 85 per cent of traders across the state have registered themselves unde…
Mamata Banerjee appeals Dutch investors to invest in Bengal
West Bengal Chief Minister Mamata Banerjee on June 21, appealed to Dutch investors along with Italian and German industrialists to invest in the state. “Come to Bengal and ride the growth because the state has the sustainable development in every angle. The state has improved a lot after the 34 y…
The flip side of GST: Its impact on the informal economy
The markets are gung-ho about the shift to the goods and services tax (GST). One factor driving this optimism is the anticipated shift of business from small, unorganized firms in some sectors to organized ones. Since the latter are already in the formal economy, comply with regulations, are gene…
How cloud telephony evolved as part of India’s start-up culture
It all began back in 2008, when Google stepped into cloud services and started hosting their services at very feasible prices to start-ups. This in turn, paved the way for many startups to adopt and render cloud based services at affordable prices to small medium enterprises (SMEs). That’s one of…