MSMEs
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Franchise India Bureau Dec 14 2018 - 1 min readAmazon India has partnered with the Federation of Indian Micro and Small and Medium Enterprises (FISME) for empowering micro, small, and medium enterprises (MSMEs) to tap growth opportunities in the e-commerce sector. This partnership is in line with Amazon's vision of transforming the way India buys and sells. With this collaboration, Amazon will be conducting various ...
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Franchise India Bureau Dec 11 2018 - 1 min readLicious, fresh meat and seafood brand, has raised $25 million in a Series-D round led by Japan's Nichirei Corp. The fund raising round has also seen participation from existing investors including 3one4 Capital, Bertelsmann India Investments, Vertex Ventures Southeast Asia and India, UCLA, Sistema Asia Fund. Licious said, "With plans of opening operations in the ...
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Nibedita Mohanta Nov 30 2018 - 3 min readSmall and Medium Enterprises (also known as SMEs) are the driving force behind India’s development. Not only are 60 million people are employed by SMEs, creating 1.3 million jobs annually but it contributes 45% of the industrial output and 45% of India’s exports. Arun Pratap Singh, Founder and Director, Dial4Trade.com, shares his business journey with ...
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Nibedita Mohanta Sep 27 2018 - 2 min readAre you an entrepreneur but worried about the initial funding? Well, good news has arrived! Finance minister, Arun Jaitley has launched a new portal to approve loans for micro, small and medium enterprises (MSMEs). The new portals will fast-track the process of approving the funding up to Rs 1 crore to MSMEs within 59 ...
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Franchise India Bureau Sep 27 2018 - 1 min readFinance Minister Arun Jaitley has launched a new portal to fast-track loans for micro, small and medium enterprises (MSMEs). Through the newly launched platform, MSME can get principal approvals for loans up to Rs 1 crore within 59 minutes. For being eligible for speedier loan sanctions, Businesses need to submit GST and income tax ...