Saturday, April 20

Search Results for: SME

India’s PM Narendra Modi Launches 59 Minutes Loan for MSMEs as Diwali Gift

India’s Prime Minister Narendra Modi has announced a number of measures and services for the people of our country including the most interesting and valuable one under which, the small and medium enterprises will be able to sanction loans of up to Rs 1 crore in just 59 minutes through a special portal. This has […]

Ambit Finvest Buys Out SME Lending Unit of Finmax

The subsidiary of investment bank Ambit Group called Ambit Finvest has reportedly acquired Finmax Credit & Finance, a unit of fintech firm Finmax that finances small and medium enterprises. The details regarding the finances has not been disclosed yet. This acquisition is expected to give a significant direction and goal to Ambit Finvest’s strategy to diversify its asset […]

Myntra to Foray Into Offline Beauty & Cosmetics Retailing

India’s largest online marketplace Myntra is planning to soon enter the offline market space with the retailing of beauty and cosmetics products under Myntra Beauty brand. Soon after launching its first offline store for Roadster, the e-talier is now stepping ahead with its O2O (online to offline) business. At present, the company sells more than 100 beauty […]

MSME Lender Aye Finance raises $10 Million

Digital money lending startup, Aye Finance has raised USD 10 million in debt funding from Triple Jump BV and MicroVest Funds, through the issuance of non-convertible debentures. This is the 10th financing round for Aye Finance in the year 2018, the company informed in a statement. Since January, it has cumulatively raised ₹255 crore of […]

Online Startup SaleBhai Received BSE Approval for SME IPO

New Delhi, 3rd July, 2018: B2C e-commerce company SaleBhai Internet Limited, the owner and operator of SaleBhai.com have received BSE approval for its Initial Public Offering (IPO) on SME Platform of BSE. The company had filed a Draft Prospectus (DP) with BSE for listing on the SME platform of BSE Ltd on May 17, 2018, and has […]

Micro Lending Platform SMECorner raises $7 Mn Funding from Capital First

Digital Micro-Lending Platform SMECorner has raised around $7 million ( Rs. 47.5 crores) from NBFC Capital First Ltd and a clutch of investors including Accion Ventures. The capital raised is a mix of debt and equity with 25 crores in debt and Rs. 22.5 crore in equity. Post the investment, Capital First will own a […]

Paymate Acquires Lending Platform to Help SMEs

Mumbai- India’s payment startup PayMate announced the acquisition of Z2P (Zaitech Technology Pvt. Ltd.), a digital lending platform which provides hassle-free and real-time credit using social and banking data along with proprietary analytics and AI. The acquisition is expected to be completed by May 2018 and it follows the announcement in February of this year by PayMate […]

5 Best Online Tools for Startups and SME’S To Increase Productivity

In our fast-paced changing lives surrounded by technology “all-around”, competition to excel is enormous. A strong online presence today is not only a “norm” rather a “necessity”. Any budding startup or small or medium-sized enterprise (SME) today requires a strong online presence not only for marketing or expanding its customer base but also to embark […]

Mahesh Murthy Clarifies After His Arrest in Sexual Harassment Case

The famed Indian Marketer and investor, Mahesh Murthy, was arrested in Mumbai on Friday for molesting and stalking a women under Section no. 534, 354 D (stalking), 509 (word, act or gesture to outrage the modesty of a woman), IPC r/w 67A of IT Act (as the harassment was done electronically) on the basis of the […]