The Small Industries Development Bank of India (SIDBI) has launched a low-cost, innovative, and self-propelling model of cluster development through its national scheme, Development of Industry Associations (DIA), a release stated.
Noting that the micro merchants are the heart and soul of the country and giving them an identity is important because it enables them to get loan products and financial services, Hemant Gala, CEO, PhonePe Lending Services on Wednesday said that the launch of digital-first Udyam generation t
On a year-on-year basis, MSMEs across all sectors said they had seen sales growth. Around 60 per cent of the participants expect further growth in sales in the same quarter a year ahead.
Mumbai (Maharashtra) [India], July 1: Dun & Bradstreet, a leading global provider of business decisioning data and analytics, along with Small Industries Development Bank of India (SIDBI), has released the Sustainability Perception Index (SPeX), for January-March 2025 period. The SPeX, (
Commercial loan demand in the Micro, Small and Medium Enterprises (MSME) sector witnessed an 11 per cent year-on-year (YoY) growth in the January to March 2025 quarter, according to a report jointly released by the Small Industries Development Bank of India (SIDBI) and TransUnion CIBIL.
The MSME (Micro, Small and Medium Enterprises) sector is facing an addressable credit gap of around Rs 30 lakh crore, which is about 24 per cent of the total credit demand, according to a recent report by SIDBI (Small Industries Development Bank of India).
Alternative finances and digital lending are gaining pace for credits to the Micro, Small and Medium Enterprise (MSME) sector, shows data from a survey by the Small Industries Development Bank of India (SIDBI).
New Delhi [India], April 28: In a major boost to India's dynamic start-up ecosystem, Pradivya Software Pvt Ltd, operating under its brand name WUS, has announced the successful closure of a strategic investment round. The round was led by reputed institutions and venture partners including t
In a showcase to the improving conditions for Micro, Small, and Medium Enterprises (MSMEs), about 37 per cent of businesses are planning to expand their capacity during the current period, according to a SIDBI MSME Outlook Survey Edition-II.
New Delhi [India], April 7: Startup MahaRathi Challenge 2025 was launched to recognize and support India's most promising DPIIT-recognized startups solving real-world problems through innovation. Organized under the broader Startup Mahakumbh platform, the challenge created a structured natio
New Delhi [India], April 4: The second edition of Startup Mahakumbh began at the Bharat Mandapam, in New Delhi today, marking an important milestone of India's entrepreneurial journey. The event is led by FICCI, ASSOCHAM, NASSCOM, TiE, IVCA and Bootstrap Foundation, and supported by GeM, SID
Mumbai (Maharashtra) [India], April 3: Dun & Bradstreet, a leading global provider of business decisioning data and analytics, along with SIDBI, has released the Sustainability Perception Index (SPeX), referred to as the 'Green Pulse Indicator' for the October-December 2024 period. SPeX