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Flipkart to onboard 50,000 MSMEs by end of 2019

Flipkart, one of the biggest e-commerce companies in India, based out of Bengaluru, is all set to bring 50,000 MSMEs (medium and micra, small...

RBI-formed committee wants govt loan portal to support startups

An expert committee on micro, small and medium enterprises suggested that Psbloansin59minutes, an online loan application platform led by the Government of India should...
Odisha government partners with Google to help startups

Odisha government approves proposal to set up startup hubs in major...

In a view  to boost the ecosystem for emerging business, the government of Odisha has approved a proposal to set hub startup hubs in...

World Bank arm IFC to invest $35 million in Manappuram Finance

International Finance Corporation (IFC) will invest $35 million (over Rs 250 crore) in non-banking financial company Manappuram Finance. The investment will help the low income...

Telangana goverment launches IT platform for MSME businesses, to digitize them

With an aim to give boost to the financial inclusion of Telangana's Micro Small and Medium Enterprises (MSME), the government has tied up with...
MSME

Over 1.12 lakh loans for MSMEs approved under ’59 minutes’ Scheme

Under the ‘59 minutes’ loan scheme launched by the government, the Public Sector Banks(PSB) have approved more than 1.12 lakh loan applications of Micro, Small...
India

Top 3 central schemes created 27 lakh jobs since 2014

Prime Minister’s Employment Generation Programme (PMEGP), Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY), and Deen Dayal Antodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) are the...

AIMO Survey : MSMEs and Traders face job loss; Demonetization and...

All India Manufacturers’ Organisation (AIMO), the apex Organisation which monitors industrial progress, has released a survey on the rising unemployment in the TMSME sector (Traders, Micro...

Full-stack SME startup Instamojo launches mojoCapital and mojoExpress in Jaipur, to...

Bengaluru-based payment gateway provider Instamojo has launched new lending and logistics services, namely mojoCapital and mojoXpress respectively, in Jaipur. With the booming e-commerce market and...

Chinese bank to invest in Indian MSMEs through its $200 million...

The Indian arm of Industrial and Commercial Bank of China (ICBC), China's largest bank by market value, has established a $200 million fund to...