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PayU to Support Early-Stage Startups Banking with IDFC First Bank; Inks MoU

Record Rs 4.75 lakh crore of sales expected during festivals, driven by Swadeshi products: CAIT

NBFC Hiranandani Financial Raises Rs 800 Cr from Vitruvian to Expand MSME Lending

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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.

Amazon Business Opens Wholesale Procurement to Udyam and FSSAI Holders Ahead of Festive Season

Udyam registration is the government-issued certification that recognises a business as an MSME, while an FSSAI license is the mandatory regulatory approval required for businesses involved in manufacturing, processing or selling food products.

US tariffs put India’s textile, diamond and chemical MSMEs at greatest risk

Of the five sectors expected to see a meaningful impact, gems and jewellery has the highest exposure to the US at around $10 billion.

Startup India: Over 6,000 Startups Registered Under PM Modi's Pet Scheme Shut So Far

As per the data, total startup closures represent 3 per cent of startup registrations with the government so far.

Indian Pharma Faces Growing Risk of US Tariffs, Fitch Warns

Although pharmaceuticals have not been included in the latest tariff round, significant duties on pharmaceutical products could pose “downside risks”.

NPA Levels in CGTMSE-Backed MSME Loans Hit Multi-Year Low in FY25 Across States

A number of states now have FY25 NPA ratios that are less than one-third of FY21 levels.

Microfinance lender Satya MicroCapital raises up to Rs 300 crore via Rights Issue

The company had last secured Rs 500 crore from Japanese multinational financial services institution Sumitomo Mitsui Banking Corporation in September 2024.

34 Crore People Got Jobs Since 2014 in MSMEs: Manjhi in Rajya Sabha

He said there is no dearth of money, and small workers are getting financial assistance under various schemes.

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