Mumbai-based mobile PoS player MSwipe, which competes with EzeTap and iKaaz among others, is betting on the varied lot of SMEs for expansion. Currently, the PoS player claims to work with banks like Axis Bank, Ratnakar Bank, Corporation Bank and others and caters to more than 75,000 merchants inc…
Tag: MSME
KVIC in for enhancing its market share to 5% in next 2-3 years | CEO Arun Kumar Jha
Khadi & Village Industries Commission (KVIC) which currently handles a business turnover of about Rs.30,000 crores has set for itself a modest target of increasing its market share in KVIC promoted products from existing 1% to 5% in next 2-3 years, given their market demand in view of enhance…
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…
New RSS uniform | Khadi body looks at securing Rs. 1,000 crore business
The change in uniform announced by Rashtriya Swayamsevak Sangh (RSS), from khaki knickers to brown trousers, may also transform the fortunes of lakhs of khadi weavers. Khadi Village and Industries Commission (KVIC), a statutory body tasked with its promotion, among other things, has formally init…
Odisha aims to create 4 lakh jobs in MSME sector
The Odisha government has set a target of creating 1.5 lakh MSME units with an employment potential of more than four lakh jobs within the next five years, said Governor S.C. Jamir on Tuesday. “As of now, more than 1.60 lakh MSME units have been established in our state with an investment o…
Leverage technology to enable good governance and employment generation: MSME Ministry
The MSME Ministry has emphasized on the need for using information technology for good governance and employment generation in the sector. Addressing a meeting of senior officers of The Ministry, Micro, Small & Medium Enterprises (MSMEs) Kalraj Mishra expressed satisfaction that Udyog Aadhaar…
UP first state to set up own export promotion council
Uttar Pradesh became the first state to set up its own Export Promotion Council. This was launched at the U.P MSME event held on March 14 at New Delhi. The event organized by Export Promotion Bureau was inaugurated by Nitin Agarwal, State Minister (Independent Charge) for MSME & Export Promot…
Clinical supplies marketplace PinkBlue raises 1.5 crore in seed round
Clinical supplies marketplace PinkBlue.in has raised a sum of Rs 1.5 Crore in its seed round, on startup investment platform TermSheet.io. The funding round was led by Dubai-based lawyer Hari Krishna’s syndicate and saw participation from Cookifi Founder Ajay Modani, Dr V Ravinder, Anirudh …
Electropreneur Park invites ESDM startups for incubation
To encourage innovation in domestic electronics startups, Electropreneur Park (EP) will organise a roadshow in Delhi to reach out to the early stage and aspiring entrepreneurs across the country. EP is an incubation center, which support and nurture the best electronics startups. As a part of its…
Mahindra & Mahindra enters farm equipment rental business with Trringo
Mahindra & Mahindra’s (M&M) forayed into the agricultural equipment rental services with the launch of Trringo, an organised rental service, with plans to invest over Rs 10 crore on the startup enterprise. “Farm Equipment Sector (FES), a part of Mahindra group, has forayed int…