Introduction: In the past decade, digital transformation has disrupted various industries and the financial sector is no exception. Digital lending in India is one of the areas that has undergone a significant transformation. The digital lending space in India has seen an unprecedented growth in the recent years, making financial services more accessible and convenient […]
Small and Medium Enterprises (SMEs) play a crucial role in the Indian economy by providing employment opportunities and contributing to the growth of the country. To support the growth and development of SMEs in India, the government has introduced various schemes under the Micro, Small and Medium Enterprises Development (MSME) Act. These schemes are designed […]
In India, Small and Medium Enterprises (SMEs) and Micro, Small and Medium Enterprises (MSMEs) play a crucial role in the country’s economy. However, navigating the GST filing process can be a daunting task for these businesses. In this blog post, we will provide a step-by-step guide to help SMEs and MSMEs understand and comply with […]
Introduction: Small and medium-sized enterprises (SMEs) and micro, small, and medium-sized enterprises (MSMEs) play a vital role in the Indian economy, contributing to approximately 45% of the country’s industrial output and 40% of its exports. However, access to credit remains a significant challenge for these businesses, with a significant gap present in the credit market. […]
The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) is a scheme launched by the Government of India to provide collateral-free credit to micro and small enterprises. The scheme aims to ease the process of obtaining credit for these enterprises, which often face difficulties in securing loans due to lack of collateral. Despite […]
Introduction: Supply chain finance (SCF) is a rapidly growing industry in India, as more and more companies are turning to innovative financing solutions to streamline their supply chain operations and improve cash flow. In this blog post, we’ll take a look at the evolution of SCF in India, highlighting key milestones and developments that have […]
Retail businesses are facing increasingly fierce competition in today’s market, with online retailers taking a bigger slice of the pie. However, there are still plenty of ways for brick-and-mortar retailers to boost their business and stay relevant. Here are five proven strategies that retailers can use to boost their business: In conclusion, there are many […]
In today’s competitive retail landscape, data plays a crucial role in driving decisions and optimizing operations. Indian retailers, in particular, can benefit from harnessing data to gain insights into customer behavior, market trends, and operational efficiency. In this blog post, we will discuss how Indian retailers can use data to drive day-to-day decision making and […]
Introduction: In today’s fast-paced digital world, businesses of all sizes are looking for ways to stay competitive and reach new customers. One solution that has been gaining traction in recent years is the Open Network for Digital Commerce (ONDC). This platform is designed to connect small retailers with consumers, allowing them to expand their reach […]
In today’s fast-paced business world, digital connections are more important than ever. With the rise of e-commerce and online marketplaces, it’s crucial for manufacturers, distributors, and retailers in India to have a strong digital presence in order to stay competitive. In this blog post, we will discuss the various ways that manufacturers, distributors, and retailers […]