MSME Loans News
Small-business lender Finova Capital raises $135 million to expand loan book, invest in tech
The deal marks Avataar Venture Partner’s first investment in India’s financial services sector.
2 min read29 Oct 2024No startup’s too small to IPO in a bull market
Several venture capital firms that are at the end of their fund lifecycles are encouraging some of their trophy assets—even startups at a fairly early or mid-stage—to go public so they can sell part of their stakes and return capital to their investors.
6 min read22 Oct 2024Sodhani Academy IPO Day 4: Check subscription status, GMP, key details
Sodhani Academy IPO Day 4: The Initial Public offering opened for subscription on 12 September 2024 and closes on 17 September 2024.
2 min read17 Sep 2024SBI to shift to cash-flow based approach for all MSME loans up to ₹5 crore, says chairman Setty
Credit access to MSMEs has also been low due to the unavailability of the right skill sets to assess and lend to certain niche segments.
2 min read2 Sep 2024Govt to restructure MSE facilitation councils, enhance powers to resolve delayed payment issues
Changes would be brought in the structure of these councils and they may also be given more power.
4 min read16 Jul 2024SBI unveils MSME Sahaj offering loans within 15 minutes; details here
SBI’s MSME Sahaj is a digital service designed to accelerate invoice financing for small and medium-sized businesses. The entire procedure, from loan application to disbursement, may be performed in 15 minutes, removing the need for manual intervention.
3 min read11 Jul 2024Oister Global to invest ₹4,500 crore in PE/VC funds in next two years
The Gurugram-based firm invests in private market funds, with a focus on venture capital, venture debt, private equity, and private credit.
3 min read17 Mar 2024International Women’s Day 2024: How Kinara Capital’s Hardika Shah is bridging gender gap, empowering women in MSMEs
Kinara Capital has disbursed more than ₹6,200 crore in over one lakh collateral-free business loans. The NBFC has shown strong growth over the past few years with its AUM growing 150% to ₹3,000 crore between FY22 and Q3 FY24. Women-owned MSMEs constitute nearly 12% of its customer portfolio.
3 min read7 Mar 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared