MSMEX
We estimate 60% contribution from MSME lending verticals alone: Godrej Capital’s Manish Shah In an effort to streamline operations and minimise the credit gap for the MSME sector, Godrej Capital is betting bigger on its business solution platform, Nirmaan, by expanding its collaborative network.
14 Dec, 2023, 02.23 PM ISTGodrej Capital aims to double loan book this year Godrej Capital, a late entrant into finance among storied business groups in India, started its operations only in November 2020 and expects to expand in the crowded mortgage market in India. The company has two separate arms, Godrej Housing Finance...
17 Apr, 2023, 06.00 PM ISTGodrej Capital launches NIRMAAN, a digital platform to help MSMEs grow their businesses Godrej Capital Nirmaan has different partners which provide services key to the growth of MSMEs.
17 Apr, 2023, 02.03 PM IST- ADVERTISEMENT
Want to scale your business? Entrepreneurs are using affordable online learning as a stepping stone to growth With the rise and acceptance of edtech in the country, the criteria of being a student is becoming blurry as it brings tremendous learning opportunities for the over 60 million SMEs in India.
22 May, 2022, 10.19 AM ISTHow to develop an export marketing plan It is important that manufacturers realise that the one-size-fits-all strategy doesn’t work in exports.
07 Apr, 2022, 01.22 PM ISTWhen money is not worth a penny: SMEs need more than monetary schemes to grow The government has provided a lot of monetary support to small businesses. But stakeholders say it is time to look beyond such programmes to unleash growth.
03 Mar, 2022, 10.18 AM ISTRazorpay makes international foray with Curlec acquisition Razorpay will take its payments stack, including payment links, payment pages and gateway services, to the Malaysian market. Over time, it is expected to take these services to other key Southeast Asian markets including Indonesia, Thailand and the ...
08 Feb, 2022, 02.18 PM ISTBudget 2022 needs to treat India’s ubiquitous micro enterprises separately Almost 99% of the MSMEs in the country are micro enterprises. But the government's policies do not always give them the required support.
28 Jan, 2022, 12.44 PM IST1% inspiration, 99% perspiration: Budget should incentivise turning jugaad into innovation India may be the land of unicorns, but that is no use unless companies invest in innovation. Thomas Edison’s famous quote that, “Genius is 1 percent inspiration and 99 percent perspiration,” stresses that innovation is more than coming up with fanta...
20 Jan, 2022, 11.42 AM ISTFour out of 10 MSMEs changed their business models to survive Covid: Report When asked about the support received from government schemes and incentives, 50% of the respondents said that the schemes did not help them in sustaining their business through the pandemic.
14 Dec, 2021, 03.31 PM ISTWhy MSME Samadhaan scheme is not working, and how to fix it Under the Samadhaan scheme, MSME facilitation councils in all states have been given the mandate to adjudicate these cases. These councils are manned by officials and other staff working part-time.
03 Dec, 2021, 10.39 AM ISTMSMEx raises $1 million in Pre-Series A funding from Razorpay, TNF Investments MSMEx said that it will use this funding to develop new intuitive technologies, including a deep learning-based recommender system, a live chat system, an AI-based behaviour analytics system, and scale its operations to serve more users.
18 Jun, 2021, 01.34 PM ISTRazorpay backs MSME advisory MSMEx in $1 million funding round MSME business advisory MSMEx plans to use the $1 million funding from investors Razorpay and TNF Investments to scale its operations and develop new technologies.
18 Jun, 2021, 01.24 PM ISTAfter the pandemic: Can micro and small businesses spearhead India's economic revival? The small business owners must start with accepting the facts and come out of the vicious cycle of over thinking and little action. There is no point in checking the COVID affected score 10 times in a day.
25 Apr, 2020, 11.56 AM ISTETRise Top MSMEs Ranking: Need a data rich India to jumpstart MSMEs financial inclusion At the recent discussion about the state of MSMEs in the country, experts believed that the SME community is so entangled that they believe one another easily, which eventually discourages them to take steps towards formalisation.
01 Feb, 2020, 08.45 AM ISTBuilding financial history records is must for MSMEs to address capital woes, say experts Amit Kumar, Founder & CEO of MSMEx, a micro advisory platform for MSMEs said that unless MSMEs don’t build data of their past financial records, authenticity and credibility for lending platforms will continue to prove elusive.
31 Jan, 2020, 11.10 AM ISTETRise Top MSMEs Ranking: Flexible policies, repository of data can help streamline land & labour challenges Revamping of employment exchanges, preparing people for long term employment and creating an overall enabling environment would be significant measures that could help address some of the challenges of labour for the sector.
30 Jan, 2020, 03.48 PM IST