India has over 6.3 milion MSMEs, with an unmet credit gap of 120 billion USD. According to 2024 Trans Union CIBIL report, only 2.5 million MSMEs have access to formal credit. MSMEs have a high demand for loans under 1 Lakh also known as small ticket loans. The lending process for such loans is often mired by traditional credit underwriting processes relying on credit histories … [Read more...] about 4 AI-Powered Bank Statement Analyzers for MSME Lending
MSMEs
GlobalLinker joins ONDC to transform the business of India’s MSMEs
Delhi, GlobalLinker, the leading digital networking community for small and medium-sized enterprises (SMEs), is thrilled to announce its strategic collaboration with the Open Network for Digital Commerce (ONDC), aiming to revolutionize the business landscape and unlock growth opportunities for millions of SMEs in India. By joining the ONDC network through GlobalLinker, SMEs … [Read more...] about GlobalLinker joins ONDC to transform the business of India’s MSMEs
Science and Technology Park’s Demo Day showcases the most promising startups
New Delhi [India], March 16: Science and Technology Park, Pune (Scitech Park), with support from the Department of Science and Technology (DST), Government of India, is taking a bold step towards creating a future-ready manufacturing ecosystem through the Scitech StepUp ManXL – a NIDHI Accelerator Programme funded by DST. The manufacturing sector has been historically … [Read more...] about Science and Technology Park’s Demo Day showcases the most promising startups
SEO India Online announces exclusive SEO packages for SMEs and MSMEs
India has witnessed a positive growth in the Startups, Entrepreneurial, Medium and Small Industries arena in the recent times. As the entire world is trying to bounce back from the COVID pandemic, companies and business owners are increasingly looking at generating leads from online channels in addition to their traditional sales channels. SEO and Digital Marketing have gained … [Read more...] about SEO India Online announces exclusive SEO packages for SMEs and MSMEs