Pune-based meat delivery startup EasyMeat.in has signed a one-year revenue-sharing agreement with Venky’s, a subsidiary of the VH Group that specialises in processed chicken meat products. The startup will take about 15% commission for each Venky’s product sold through its online port…
Tag: MSME
Veritas Finance raises Rs 30 crore from Sarva Capital
The Chennai-based Veritas Finance said it has raised Rs 30 crore from Sarva Capital in A series funding. The funding will help the Tamil Nadu and Puducherry-focused company to fuel their expansion plans and diversify their product and services. It will get a board position for Venky Natarajan, Ma…
The next spurt in manufacturing growth in India will come from SMEs | Anil Agarwal
At a conference organized by Confederation of Indian Industry (CII) in New Delhi, Anil Agarwal, group Chairman of UK-listed natural resources giant Vedanta Resources Plc, said “the next spurt in manufacturing growth in India will be coming from a new wave of Small and Medium Enterprises (SMEs), w…
Codissia inks pact with SIDBI for credit access
An agreement aimed at facilitating easy access to credit for the smaller units in the MSME segment has been inked by Codissia (Coimbatore District Small Industries Association), the apex association of small industries, and the Small Industries Development Bank of India (SIDBI). “This is an exclu…
Govt to create over 2 lakh dalit entrepreneurs under Stand Up India
At the inauguration of the 5th National Industrial & Trade Fair organised by Dalit Indian Chamber Commerce & Industry (DICCI), Union Minister for MSME (Micro, Small & Medium Enterprises) Kalraj Mishra has announced that under Stand-up India initiative, each of the 1.25 lakh bank branc…
We have seen more demand coming in from the MSME sector | Vaibhav Pandey, Co-Founder, i2iFunding
Peer to Peer lending has been in existence in our society since time immemorial. Also known as crowdfunding, many peer-to-peer loans are unsecured personal loans. Of late, Indian e-commerce landscape has seen a number of financial services technology companies leveraging the power of the digita…
Mechanised labour in coir industry mooted at Kozhikode Coir Fest
The best thing about coir is that it is eco-friendly. Once the coir product is damaged, you can throw it away or burn it without causing any sort of pollution. It is this feature on which the coir industry in Kerala thrives. The three-day coir fest that concluded in Kozhikode on Saturday had good…
HAL to rope in more vendors from MSME sector for its indigenisation projects
Hindustan Aeronautics Limited (HAL) is selecting more vendors for some of its indigenisation programmes in the aerospace sector. “Currently, the company is working with over 2,000 vendors in the MSME segment,” said A Selvaraj, Head, Indigenisation Cell of HAL. “This is required as we have to hast…
Crowdsourcing job referrals gains popularity over traditional methods
Anandram Sarda, a chartered accountant in Hyderabad who has done his articleship from PriceWaterhouseCoopers, finds the concept of a crowdsourced referral platform far more cost effective against traditional methods for job referrals. MintMesh, a crowdsourced referral platform for jobs and servic…
Local logistics companies gain popularity in smaller cities
Intra-city logistics solutions providers are a growing tribe in tier II and III cities as traffic problems force the, municipality to oppose entry of heavy vehicles. Additionally, burgeoning e-commerce deliveries and a demand-supply lapse in the unorganised ‘tempo’ segment is helping …