Bot builder platform Gupshup plans to introduce templatised bots in a bid to make them accessible to small and medium businesses. A bot is a software application that can run automated tasks on the Internet. They are being deployed by businesses to replace basic customer interactions. Over the ne…
Tag: MSME
SIDBI readies money for more startup funds
The Small Industries Development Bank of India (Sidbi) is set to review ten proposals from alternative investment funds seeking a commitment of Rs 675 crore from the Fund of Funds for Startups (FFS) announced by PM Modi in the Startup India Action Plan. Sidbi’s Venture Capital Investment Co…
GoDaddy, the big daddy of 31-million small businesses
GoDaddy, one of the world’s largest web hosting firms, on July 7, said it would make its services available in three Indian languages – Hindi, Marathi and Tamil – to enable over 31 million small businesses (SMBs) build their online presence. The company said its SMB products, website,…
Kalraj Mishra unveils world’s largest ‘Charkha’ at IGI Airport
New Delhi, July 5: World’s largest Charkha (spinning wheels) was unveiled today by Kalraj Mishra, Union Minister for MSME at the Terminal 3 of IGI Airport Delhi. The idea behind displaying the world’s biggest charkha at the country’s “busiest airport” is to highlight India’s quest to foster an eg…
Companies get more leeway in taking deposits with revised norms
Government has tweaked the rules governing acceptance of deposits by companies, a move that provides more flexibility for startups in garnering funds. Besides, entities have been given more time to have deposit insurance in place. The latest amendments to certain rules under the Companies Act is …
Product and process quality key to increase in reach and exports
Micro, Small and Medium Enterprises (MSMEs) operating in the manufacturing and services sectors stand to gain significantly from quality products and processes. And as they focus more on quality, they see an increase in reach and customer confidence. Product and process quality key to increase in…
P2P players bank on institutional lenders for growth
I-lend has stitched a partnership with Hyderabad-based non-banking finance company Star Finserve, becoming the first peer-toper online lending platform to join hands with an institutional lender while several other players including MicroGraam, Faircent and LenDenClub are in talks for similar pac…
Gujarat govt to organise separate ‘vibrant summit’ for MSMEs
Gujarat Chief Minister Anandiben Patel said a separate ‘Vibrant Gujarat Global Summit’ for Micro, Small and Medium Enterprises (MSMEs) would be organised to attract investment in the sector. The announcement of organising such an event, which will be on the pattern of biennial ‘…
Super SME Awards to felicitate the Shining stars of Indian SME Sector on July 09, 2016
The inaugural edition of the ‘SMEpost.com – WASME Super SME Awards 2016’ will be held on July 09, at the PHD House, New Delhi. These awards have been constituted to celebrate the Success Stories of Indian SME Sector who have scored big through innovative thinking, operational efficiency, fu…
Mastercard to tap MSME, small traders on digital payments
Global time payment processing firm MasterCard today said micro, small and medium enterprises need to go for online payments which currently account for just four per cent of total transactions in the country. “Of the total transactions made in the country, 96 per cent are done through cash trans…