Diwali 2025 Trade Exceeds Rs 6 Lakh Crore, Aided by GST Rate Cut: CAIT
According to a survey by CAIT, traders reported a 25 per cent surge in sales of Indian-manufactured products compared to last year.
SME IPOs Promise Big Gains Alongside Bigger Risk, Higher Volatility: RBI Study
While the buzz around SME IPOs may seem exciting, investing solely on market sentiment can be risky. During bullish phases in the market, enthusiasm and investors’ appetite may cause investors overlook due diligence, according to the study.
PayU to Support Early-Stage Startups Banking with IDFC First Bank; Inks MoU
To begin with, PayU will serve as a payments solutions provider, investor, mentor, and corporate collaborator on IDFC FIRST Bank’s FIRSTWINGS Connect portal to help startups registered on the portal.
Record Rs 4.75 lakh crore of sales expected during festivals, driven by Swadeshi products: CAIT
According to CAIT, over the past four years, festive sales have seen consistent growth, rising from Rs 1.25 lakh crore in 2021 to Rs 4.25 lakh crore in 2024, and this year's projection is Rs 4.75 lakh crore.
NBFC Hiranandani Financial Raises Rs 800 Cr from Vitruvian to Expand MSME Lending
Backed by House of Hiranandani, the Hiranandani Financial Services Hiranandani Financial Services (HFS) operates through a direct-to-customer model.
RBI Revises Lending Norms: Boosts Flexibility for MSMEs and Jewellers
The tweaked rules now allow banks to provide need-based working capital loans to a borrower that uses gold as a raw material or input in its manufacturing or industrial processing activities.
SME-Focused NBFC BlackSoil Capital Raises Rs 210 Crore Debt in H1 2025
The latest capital infusion will fuel BlackSoil’s SME-focused sector-agnostic lending strategy, with SMEs forming 80 per cent of its portfolio across agritech, climate-tech, EVs, SaaS, healthcare, fintech, and B2B platforms.
India’s Exporting MSMEs Triple in Four Years, Defy Global Headwinds: Report
The study by SMERA on exporting SMEs said that the exports too have seen a three-fold growth, rising from Rs 3.95 lakh crore in 2020-21 to Rs 12.39 lakh crore in 2024–25.
Bank of India to Offer MSME Loan in 30 Minutes; Targets 2 lakh MSMEs in 6 Months
The new platform aims to disburse Rs 1,000 crore in working capital loans in four-six months, targeting over 2 lakh MSMEs in India.
E-commerce Sellers to get GST Relief as Council Approves Simplified Registration Scheme
At present, an enterprise selling goods via e-commerce platforms such as Amazon, Flipkart or Meesho needs to have a valid Principal State of Business (PPOB) in every state it intends to sell its goods, as per the current GST framework.
Startup Investment Platform BizDateUp Launches Rs 1,000 crore Fund to Back Startups, SMEs, Real Estate
The category II Alternative Investment Fund (AIF) with a Rs 500 crore base fund and a Rs 500 crore green-shoe option will dedicate 50 per cent of its portfolio to high-growth startups, 30 per cent to profitable SMEs, and 20 per cent to selective real-estate equity.
Transaction Banking Startup TransBnk Raises $25 Million Series B Round led by Bessemer Venture Partners
Founded in 2022, TransBnk is building a common operating system for fintechs and other institutions to access the banking ecosystem.
MSMEs to Power Half of India’s GDP, 60% of Exports, Employ 150 Million by 2030: Report
As of FY24, MSMEs' share in GDP stood at 31 per cent, unchanged since FY20, while contribution to exports was 45.7 per cent, down from 49.7 per cent as of FY20.
PMEGP: Why Has Govt’s Self-Employment Scheme Seen a Notable Decline in Loan Sanctions, Beneficiaries?
Launched in 2008, PMEGP aims to promote self-employment by extending credit-linked subsidies to micro-entrepreneurs and artisans for setting up new ventures in manufacturing, services, and trade.
SISA Ties up With SRM University to Equip Students for High-Demand Cyber, AI Roles Amid Rising Threats
The collaboration will focus on equipping students with industry-relevant skills for in-demand roles and address the country’s growing cybersecurity and AI talent gap.
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