MSMEs
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Opportunity India Desk Dec 20 2023 - 2 min readU GRO Capital, a DataTech Non-Banking Financial Company (NBFC) specializing in micro, small, and medium enterprises (MSME) lending, has secured USD 30 million (around INR 250 crore) through the issuance of Non-Convertible Debentures (NCDs). The funding came from FMO, the Dutch entrepreneurial development bank, which fully subscribed to the INR-denominated NCDs.
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Opportunity India Desk Dec 15 2023 - 2 min readGoogle is set to make a strategic investment in digital payments, aiming to strengthen the micro, small, and medium enterprise (MSME) market in India, according to Sanjay Gupta, the country head and Vice President of Google India. Beyond payments, Google aims to enhance India's MSME potential through initiatives focused on financial ...
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Himanshu Rawat Dec 06 2023 - 10 min readAmidst the exponential rise of e-commerce and the digital revolution, an encounter with a paradox within the country’s last-mile logistics management sparked an entrepreneurial spirit inside Ratnesh Verma, Founder and CEO, Pidge. Armed with a deep understanding of business literature and a global perspective, Ratnesh questioned the prevailing norms in the logistics sector. ...
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Opportunity India Desk Dec 05 2023 - 3 min readIn the latest sectoral deployment data released by the Reserve Bank of India (RBI), scheduled commercial banks extended a gross bank credit of INR 23.15 lakh crore to micro, small, and medium enterprises (MSMEs) under priority sector lending in October. The figure reflects an increase of 22.8 per cent compared to the INR ...
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Opportunity India Desk Dec 01 2023 - 4 min readGodrej Capital, the non-banking finance company (NBFC) arm of Godrej Group, has forged collaborations with DBS Bank India, Visa, and Amazon as part of its Nirmaan digital platform initiative, aimed at providing an extensive range of services to micro, small, and medium enterprises (MSMEs). The announcement highlighted Nirmaan's commitment to supporting MSMEs through ...