While Scimplify is likely to raise $30 million, Sanlayan is in talks to raise $20 million. CBCatayst is discussing a $1 million deal and Lightspeed is in advanced stages to back a former business head at Zetwerk in a $5 million deal, multiple sources told Moneycontrol. A new ‘startup mafia’ is emerging from the ranks […]
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Support to the millions of MSMEs, the backbone of the economy, is absolutely vital to inch closer to India’s green goals. India has its long-term goals of achieving net-zero by 2070 and meeting 50% of electricity needs from non-fossil sources by 2030. To be in sync with such targets, companies need to focus on sustainability […]
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Shri Chandrakant Salunkhe – Founder & President, SME Chamber of India and SME Export Promotion Council has paid courtesy visit to Shri Rama Mohan Rao Amara – Managing Director (International Banking & Global Markets), State Bank of India (SBI) on 22 January 2025 at SBI, HQ Mumbai. Shri Salunkhe has apprised business activities and initiatives […]
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Shri Chandrakant Salunkhe – Founder & President, SME Chamber of India and Federation of Indian SME Associations has paid courtesy visit to Shri Sanjay Malhotra – Governor, Reserve Bank of India on 22 January 2025 at RBI, HQ Mumbai, Shri Salunkhe has apprised business activities and initiatives of the organization as well as submitted various […]
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Rajesh Sharma is a mergers-and-acquisitions strategist at Itochu, one of Berkshire Hathaway’s Japanese portfolio companies. The views expressed are his own. Last year, the U.S. Federal Reserve cut its policy rate twice: first by 50 basis points in September, then by 25 basis points in November. These were the Central Bank’s first-rate cuts, since concluding […]
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Digital transformation and sustainability empower Indian SMEs to overcome challenges, enhance competitiveness, and expand into global markets, driving economic growth and promoting innovation across industries and geographies Chandrakant Salunkhe – Founder & President, SME Chamber of India Indian SMEs are harnessing digital transformation and sustainability to overcome challenges, enhance competitiveness, and drive economic growth. Between […]
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As Lodha shared a detailed plan of action for the next 100 days, he also announced that the State will have its own Placement Agencies Act to regulate them as many of them are observed to be fraudulent in nature. Private companies will have to notify the Government about their vacancies and failing to do […]
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According to iSPRIT, the goal of PLSAI is to ensure that credit to micro, small, and medium enterprises (MSMEs) can double to ₹130 trillion over next 3-5 years. According to RBI norms, banks are required to maintain at least 40% of their adjusted net bank credit as priority sector loans. India’s non-bank lenders are coming together […]
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Net profit of ICICI Lombard General Insurance Company rose 67.89% to Rs 724.38 crores in the quarter ended December 2024 as against Rs 431.46 crores during the previous quarter ended December 2023. Sales rose 17.20% to Rs 5045.17 crores in the quarter ended December 2024 as against Rs 4304.81 crores during the previous quarter ended […]
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Jaipur: Addressing pre-budget discussions held in two sessions with representatives of industry, trade, tax advisory associations and the service sector on Monday, Chief Minister, Bhajan Lal Sharma said MSME registrations were increasing rapidly due to investment-friendly policies of the State. In the last year, he said, about 5 lakh micro, small, and medium enterprises (MSMEs) […]
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