MSME sector is estimated to grow at 15%-17% this year. Almost every type and size of industry took a hit during the pandemic; MSMEs, however, were af...

The sector is undergoing a quiet but steady revival, going by the increase in credit demand and a moderation in NPAs over the last one year. A new report has revealed that thanks to the Indian government’s ECLGS scheme, credit demand in the highest sector has surged rapidly. A closer look at the data also suggests that the micro enterprises will need more assistance and time to recover, while the medium enterprises have rebounded the most.

Lending company U GRO Capital intends to give out small business loans worth ₹2,000 crore to MSMEs by the end of this fiscal year. It has announced a strategic alliance with debt marketplace Yubi (formerly known as CredAvenue) on Wednesday. The strategic alliance comes with two partnership deals. First, between the companies’ co-lending platforms Yubi-Co.Lend and GRO-Xstream.

While digital marketing may be important to keep up with the digital trends that have emerged post Covid-19 pandemic, it may not be all that micro, small and medium enterprises (MSMEs) need. According to a panel of speakers on Business Insider’s discussions around the need for digital marketing for MSMEs, both online and traditional offline marketing tactics have to be used to form smart hybrid brand awareness activities for these small businesses.

The startup delivers diesel to MSMEs right at their doorstep for a minimum order of 100 litres – and can be ordered via an app.

There are over 6.3 crore micro, small and medium enterprises (MSMEs) in India and most of them are facing one major problem — access to capital. Whether it is investment opportunities or credit facilities, Indian MSMEs have been largely financially excluded. Gaurav Shahlot, head of product at Khatabook, in a conversation with Business Insider India, noted that credit has been a challenge for the Indian MSMEs as they need small amounts of capital for a short period of time.

It was less than a year ago that Prime Minister Narendra Modi launched the second phase of the Swachh Bharat Mission-Urban Mission to make all cities of India ‘garbage free’. Indian micro, small and medium enterprises (MSME) are struggling everyday in order to make that dream of Swachh Bharat into a reality.

It was less than a year ago that Prime Minister Narendra Modi launched the second phase of the Swachh Bharat Mission-Urban Mission to make all cities of India ‘garbage free’. Indian micro, small and medium enterprises (MSME) are struggling everyday in order to make that dream of Swachh Bharat into a reality.

It is widely acknowledged that the micro, small and medium enterprises (MSME) sector has become the central nerve of India’s economy in these past few decades. The glaring asymmetry between the MSMEs that require credit and those that receive it has also not gone unnoticed. NBFCs have become a pivotal part of the mechanism in closing this gap, by widening the reach of financial services thereby enhancing MSMEs’ resilience.

Nearly one in two female entrepreneurs believe that a male co-founder makes it easier for running a business, ...

The world loves jargon. In this case, it’s the latest one and much touted new kid on the block in the lending segment -- ‘Bu...

The Finance Ministry on Wednesday expanded the scope of the ₹4.5 lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) t...

The year 2020 has been a watershed moment for the Indian micro, small and medium enterprise (MSMEs), which has accelerated th...

Automotive start-up EVTRIC Motors has unveiled its e-delivery scooter in the low-speed category at the EV Expo 2021 that wil...

It’s proven beyond doubt that the Micro, Small and Medium Enterprise (MSME) sector is the backbone of the national economic structure and has unremit...

Smartphone brand OPPO on Thursday announced that it is all set to launch one of the most anticipated Reno6 smartphone series in India on July 14. The...

Considering no one knows when normalcy will resume, traditional job seekers in rural and urban areas need to ...

Prof. V Padmanand, partner at Grant Thornton, highlighted that the cost-benefit of digital and technology ser...

K N Balagopal thinks giving emphasis on healthcare is the best way to revive the state’s economy. In the state budget, it wa...

IndiaMart’s CEO Dinesh Agarwal highlighted that almost 80% of Indian MSMEs have such low turnover that they a...

The Government of India is working on an initiative to reduce compliance burden on MSMEs across states. Jayesh Ranjan, Princ...

Business Insider launched its MSME Exchange’s 2021 edition on Monday, highlighting the issues faced by India’...

Indian medtech platform – Wellness Forever had an annual turnover of ₹8 crore in 2008, when it was founded. G...

The Reserve Bank of India (RBI) has doubled the exposure threshold for MSMEs looking to apply for restructuring their busine...

Micro, Small and Medium Enterprises (MSME) can apply for a 59 minute loan online for amounts up to ₹10 crore. To help MSMEs in this regard, the Small...