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Friday, April 19, 2024

Finance

Payment Systems for SMEs & its Impact on Business Revenue.

There are multiple payment options for SMEs to choose from. Majority of the SMEs prefer the UPI way as that is the easiest and most widely used for payments. Best Payment system for SMEs and how that can affect the...

India’s First Solutions-Focused Report for MSME Delayed Payments Launched

Global Alliance for Mass Entrepreneurship (GAME) and C2FO (Collaborative Cash Flow Optimization) jointly released The Delayed Payments Report 2.0 titled 'Imagining Solutions to Unlock Working Capital for MSMEs'. This was released by the Chief Economic Advisor to the Government...

Role of technology to scale up business & revenue of MSMEs

Small and medium enterprises (MSMEs) are the backbone of the Indian economy, contributing significantly to employment generation and GDP growth. However, MSMEs face numerous challenges, such as lack of access to finance, technology, and skilled labor, which hinder their growth and sustainability. They...

‘Business Financing’ a Major Issue for MSME’s’: Challenges and the way forward

It is well known fact that MSME’s and SME’s contribution to the country’s GDP is growing every year and this includes Micro, medium and small scale industries. It also includes industries based in rural areas, agro based Small Business and Business Financing,...

Expanded Collaboration to Bring Red Hat Enterprise Linux to Oracle Cloud Infrastructure

Red Hat, Inc and Oracle recently announced to alliance at multi stage and offer customers a greater choice of operating systems to run on Oracle Cloud Infrastructure (OCI). The strategic collaboration starts with Red Hat Enterprise Linux running on OCI as a supported...

New technological adoption leads to more SME flexibility

Adaptability in business operations is becoming an important part of a company's success, especially in the MSME (Micro, Small and Medium Enterprises) sector. MSMEs play a crucial role in the growth and development of the Indian economy and the adoption of new technology...

The Budget Story 2023 The List of SaptaRishis : SMEVenture

Here are some of the finest points extracted from the Budget 2023 laid out by the Honourable Finance Minister Nirmala Sitharaman: Key focus is on empowering youth, Digi locker, Data Emabssy, Agri acceletor fund, AI innovative Lab, Green Hydrogen mission to lessen...

New Retail tech solutions for MSME transformation in India

Small and medium-sized enterprises (MSMEs) in India are the backbone of the country's economy, contributing to about 45% of India's total industrial output and employing around 120 million people. However, the COVID-19 pandemic has resulted in unprecedented disruptions to the retail industry, putting...

MSME Sector On-Boarded its Journey by Making it Big in Creating Employment Opportunities

As per recent reports of NSS the number of Employment Opportunities generated by MSME and SME’s amounted to (number of persons) in micro enterprises during the year 2016-17, 2017-18, 2018-19, 2019-20, 2020-21 and 2021-22 (as on 15.11.2021) are 4.08...

Bizongo Appoints Prasanth Nair as Head of Engineering to Expand Manufacturing Vertical & Expand its Tech Stack

Bizongo, a leading vendor digitization platform for brands and Enterprises, has announced the appointment of Prasanth Nair as Senior Vice President of Engineering. The appointment comes at a time when Bizongo is amplifying its tech stack and introducing newer offerings to...

Latest News

BJP Manifesto: New Pledges for Senior Healthcare and Small Business Support

In its latest electoral manifesto, the Bharatiya Janata Party (BJP), led by Prime Minister Narendra Modi, has pledged significant...