AskmeFin plans to venture into credit rating of small and medium enterprises to enable them get funds at competitive rates. To start with, the company will use algorithms to provide credit scores for the 1.5 lakh SMEs registered with it and also helping them tie-up short-term funds. A part of the…
Tag: Capital-float
Askme Group to help arrange Rs 1,000 crore of loans for 10,000 SMEs
The Askme Group will help arrange Rs 1,000 crore of loans for 10,000 online and offline small and medium enterprises that are listed on its platforms and directories by the end of financial year 2017. The finance arm of the group, Askme-Fin, has tied up with non-bank finance companies, banks and …
Capital float introduces special schemes targeting women entrepreneurs in India
Capital Float, the pioneer of digital lending in India has launched a new program specifically targeted at women trepreneurs across India, in a bid to encourage and drive the women entrepreneurship initiatives across India. The program is currently active and is scheduled to run from 8th March to…
Indian MSME finance market expected to touch INR 46 trillion by FY 2020 | Ken Research
Ken Research announced its latest publication on “India MSME Finance Market Outlook to 2020 – Driven by Government’s Financial Inclusion Agenda and Newfound Profitability in Segment” which provides a comprehensive analysis of the MSME Finance Market in India. The future analysis of overall MSME m…
AskMe Group hosts Finclave 2016, sets the tone for SME financing
India’s leading online search platform and one of the largest digital SME market places in the country, the AskMe Group organized Finclave 2016 at The Westin, Gurgaon. The event was organized to showcase AskmeFin, an initiative aimed at addressing the finance requirements of SMEs by offering them…
Alibaba unveils trade facility centre in Jaipur, hindi portal to tap SMEs
Alibaba.com, the wholesale trading platform of China’s Alibaba Group, today unveiled its first physical trade facility center in the country at Jaipur and a Hindi portal, aimed at connecting small and medium businesses with global buyers. “We are excited about working with our Indian …
Fintech start-ups to provide capital to SMEs
New entrepreneurs and small enterprises, which have typically been locked out of the financial system and ignored by big banks and other financial institutions, have found solace in a breed of new financial technology start-ups. In the last 12-18 months, about three dozen start-ups such as Indifi…