The Reserve Bank of India (RBI) granted Skydo, a cross-border payments technology, a full licence on 9 January to operate as a Payment Aggregator-Cross Border (PA-CB). The Bengaluru-based payments company said it will broaden its product offerings and increase coverage in more trade corridors with the full licence. Skydo can
According to data from the Union government, Madhya Pradesh's MSME sector has grown less during the last two years. Over the previous two years, MP saw a decline in the number of MSMEs registered on the Union government's Udyam Registration Portal (URP). Manufacturing, services, and trading
On January 9, M Nagaraju, the secretary of financial services, announced that the Union government would shortly introduce a new credit guarantee program for the MSME sector that would cover loans up to INR 100 crore. He stated on the last day of Grameen Bharat Mahotsav that the centre is
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We all aspire to do something huge. Regardless of whether we are a student, a business professional, a startup founder, or an entrepreneur to be, our aspiration is what propelled us to greatness. The Indian government also realized the importance of our aspirations and has launched the “ASPIRE” scheme. The
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Jute bags are used for shopping purposes. Our environment today is polluted to an extreme level. Nowadays, printed jute bags are used for shopping purposes too. Jute is a long, soft, shiny vegetable fibre. It is also popularly known as Golden fibre. Currently, it is one of the strongest all-natural
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Countries across the globe are doing their best to improve the condition of MSME and hence, the economy. Small and medium businesses or companies are corporations whose staff and outputs aren't huge. The abbreviation SME (Small and Medium Enterprises) is used by societies, organizations, and institutions worldwide. Some
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The entrepreneurial dreams of Indians have given the country over 94 Unicorns in recent years. This number is expected to cross a century by the end of 2022. Startups across the MSME sector have been at the heart of the Indian economy and generated millions of jobs for people across
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Blue Ocean strategy and Red ocean strategies are widely used by startups. However, it is also perceived in MSMEs as well as Multinational enterprises and these strategies help them in finding the right market. Let’s look at what exactly is blue ocean and red ocean strategy. What is the
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A village can be a hub of opportunities for an entrepreneur. There are fewer people and more problems to be solved. If you’re settled in a village or got some money to invest, what better way to provide value than to start your own business? These ideas require relatively
đź“„Company Profiles
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Vayana Network. With trade prospects diminishing amidst COVID-19, India’s small-and-medium enterprises (SME) sector — one of the largest in the world — could be exposed to
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Small businesses are in fact the biggest assets of any nation, especially developing countries. The amount of employment that they generate and hence the ripple effect that it gives to multiple families at different levels helps in the upliftment of the economy as a whole in its self. This is
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The 44th AGM of Reliance Industries was conducted on 24 June 2021. The company had mentioned certain key points that they undertook during the Coronavirus pandemic such as contributing to oxygen. Reliance boasts of producing 11% of the country’s liquid oxygen that is the highest by any company, gave
đź“„Company Profiles
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by SIDBI. Small business owners and entrepreneurs in India's underdeveloped areas can get loans, credit, insurance, access to savings accounts, and money transfers via
loan proposal
MSME (Micro, Small and Medium Enterprise), loans are mostly offered to start-ups and small business owners. In this intense moment of lockdown, many startups and small businesses are incurring a huge loss, the government offered assistance by rolling out MSME loans for startups and small business owners. After this news,