MSME
Finance
Budget 2020: No recapitalisation for state-run banks, but some sops for small businesses
The Budget proposed the sale of the government's balance holding in IDBI Bank but didn't announce any recapitalisation of public ......
Finance
SME lender Aye Finance raises debt funding worth $11 mn
Fintech lender Aye Finance, backed by multi-stage investor SAIF Partners and Google's venture capital arm CapitalG, said it has raised ......
Finance
RBI panel suggests floating $720 mn stressed asset fund for small businesses
A Reserve Bank of India (RBI) committee has suggested a Rs 5,000 crore (about $720 million at current exchange rate) ......
Finance
How NBFCs are using tech to boost MSME lending
Over the last few quarters, public sector banks’ (PSBs’) share in lending to micro, small and medium enterprises (MSMEs) has ......
Finance
NBFCs are here to stay but need to build niches: U Gro Capital's Shachindra Nath
Shachindra Nath quit as group chief executive officer of Religare Enterprises Ltd in 2016 after more than 15 years at ......
Finance
China's ICBC Bank sets up $200-mn fund to invest in small Indian businesses
China's biggest lender has set up a $200-million fund through which its local arm will invest in India's small- and ......
TMT
Alpha Capital invests in supply chain finance startup CredAble
Mumbai-based supply chain financing startup CredAble has raised Rs 100 crore ($14.8 million) in a Series A round of funding ......
TMT
Accion Venture Lab, YourNest invest in SME lender CredRight
Hyderabad-based fintech startup CredRight has raised $1.3 million (Rs 9 crore) in a pre-Series A round of funding from seed-stage ......
Finance
Budget 2018: Financing to MSMEs gets special attention
Finance Minister Arun Jaitley sought to bring discipline in the medium, small and micro enterprise financing space through higher capital ......
Finance
Jaipur-based Finova raises Series A funding from Sequoia Capital
Jaipur-based non-banking financial company Finova Capital Pvt. Ltd has raised an undisclosed amount in a Series A round from Sequoia ......
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