MSME
Saarathi Finance opens its 100th Branch
100 th branch inaugurated in Jagtial, Telangana MUMBAI, India , Aug. 10, 2026 -- Saarathi Finance, an MSME-focused NBFC, recently announced the opening of its landmark 100 th branch in Jagtial, Telangana. The new branch will strengthen the company s presence across northern Telangana and enhance access to timely, customer-centric financial solutions for MSMEs, entrepreneurs, and small business owners in the region. Having commenced operations in April 2025, Saarathi Finance has opened the 100-branch On 3 rd August 2026, underscoring its rapid growth and commitment to expanding financial inclusion. The MSME-focused NBFC provides Loan Against Property (LAP) solutions with ticket sizes ranging from Rs. 5 lakh to Rs. 35 lakh, helping small businesses and entrepreneurs unlock the value of their assets to fuel growth, enhance working capital, and achieve their business aspirations.
IIFL Finance Says Co-Lending Can Accelerate India's Last-Mile Credit Delivery
MUMBAI, India , July 7, 2026 -- IIFL Finance today said co-lending partnerships between banks and non-banking financial companies (NBFCs) can play a transformative role in expanding affordable formal credit to underserved borrowers, strengthening India s next phase of financial inclusion. Speaking on the evolving credit ecosystem, Mr. Mayank Sharma, Head Gold Loan, IIFL Finance , said, India s financial inclusion journey must now focus on ensuring timely, responsible credit reaches entrepreneurs, farmers, self-employed professionals and MSMEs across Bharat.
International MSME Day: IFQM Calls for a National Quality Mission to Embed India's MSMEs into Global Value Chains
NEW DELHI, June 25, 2026 -- As the world marks International MSME Day on June 27, India's 7.47 crore Micro, Small, and Medium Enterprises stand at the heart of the nation's economic future. As stated in the Economic Survey 2025-26, with 31.1% of GDP, 35.4% of manufacturing output, and 48.58% of exports, MSMEs are the backbone of India's growth story.Yet, as of 2024, India accounted for an estimated 2.9 per cent of the global manufacturing GVA and only 1.8 per cent of global merchandise exports. This paradox underscores why International MSME Day is not just symbolic—it is a call to action for India to transform scale into competitiveness and embed its enterprises into global value chains.
TDConnex wins Leading Innovator of the Year award for Electronics at India's 2026 MSME Awards
TDConnex was one of two recipients in the Electronics category for the prestigious national MSME award in India for 2026.CHENNAI, India, May 18, 2026 -- TDConnex, a global leader in micro-precision manufacturing, has been named Leading Innovator of the Year — Electronics at the 2026 India MSME Awards. TDConnex was one of only two recipients of the prestigious national prize for India. The Electronics Innovator of the Year award is among the most selective national recognitions for enterprise innovation in India's electronics manufacturing sector. The award honours enterprises that have demonstrated distinctive innovation, technical capability, and impact in advancing India's position in the global electronics value chain.
IFQM'S FIRST MSME SYMPOSIUM CALLS FOR A 'NATIONAL QUALITY SPRINT' TO INTEGRATE WITH GLOBAL VALUE CHAINS
250+ MSME CEOs, industry captains, and academia convene in Chennai Leaders from TVS, Boeing, Motherson, Maruti Suzuki, Cummins, L&T, Bosch, ZF, and Deloitte engage MSMEs on quality, global value chain integration, and digital transformationIFQM launches Quality Excellence Prize for MSMEs, Leadership Development Course, and two industry-designed university coursesCHENNAI, India, March 20, 2026 -- The Indian Foundation for Quality Management (IFQM) convened its first MSME Symposium at Anna University, Chennai, bringing together over 250 MSME CEOs, CPOs and CEOs of large companies, quality experts, and academic leaders to deliberate on making India's Micro, Small, and Medium Enterprises (MSMEs) globally competitive and export-capable. The symposium, themed - India Needs… A Resurgent MSME Sector - called for a 'national quality sprint' to integrate with the global value chains.
IIFL Finance Launches Suvarna Dhara Gold Loan - Quick and Flexible Financing Against Gold
Customers can now leverage the value of their gold by availing funds up to ₹50 lakh with IIFL Finance Suvarna Dhara Gold Loan. Get flexible repayment options, an easy top-up facility, high-grade security, and an end-to-end digital experience.MUMBAI, India, March 2, 2026 -- Gold has always been considered one of the most trusted assets in India, which goes beyond sentiment and heritage. It is looked at as a financial security asset that can help individuals and MSMEs to address liquidity as well as future growth objectives. The most efficient and common way is to get a gold loan and use it as working capital.
UGRO Capital and Dun & Bradstreet Unveil 4th MSME Sampark Report Showcasing India's MSME Resilience
Despite tariff pressures and slowing exports, India's MSMEs continue to expand credit uptake and strengthen their role in driving economic growth.MUMBAI, India, Jan. 22, 2026 -- UGRO Capital Ltd., a leading DataTech NBFC focused on MSME lending, has released the 4th edition of the MSME Sampark Report, prepared in collaboration with Dun & Bradstreet. The report features findings drawn from an analysis of over 73,000 MSMEs across eight key sectors, alongside an exclusive nationwide survey of more than 5,000 MSMEs. It highlights how global trade challenges, including rising US tariffs and slowing exports, are affecting MSME revenues in sectors such as textiles, automotive, chemicals, food processing, and electrical equipment. However, India's MSMEs continue to demonstrate remarkable resilience, expanding their credit footprint and sustaining growth momentum in a shifting global trade landscape.
Dun & Bradstreet celebrates three decades of supporting MSMEs in India
MUMBAI, India, Sept. 29, 2025 -- Dun & Bradstreet, a leading global provider of business decisioning data and analytics, recently celebrated three decades of its operations in India. Dun & Bradstreet India is part of the 184-year-old Dun & Bradstreet Inc. that is headquartered in Jacksonville, USA. Dun & Bradstreet's Data Cloud fuels solutions and delivers insights that empower customers to accelerate revenue, lower cost, mitigate risk and transform their businesses. Since 1841, companies of every size have relied on Dun & Bradstreet to help them manage risk, reveal opportunity and drive growth.
Three Industry Veterans Launch KreditVenture, a New-Age NBFC to Empower MSMEs in India's Tier 2 & 3 Cities
NBFC aims to scale to 50 locations in a year with a blend of digital underwriting and local engagement Early funding from a Delhi-based family office underpins growth strategy across tier 2 and tier 3 markets MUMBAI, India, Sept. 29, 2025 -- Three seasoned financial services professionals Mr. Saif Hasan, Mr. Jaspreet Singh, and Mr. Prajit Chandrasekhar have come together to launch KreditVenture, a pioneering NBFC dedicated to bridging the credit gap for micro, small, and medium enterprises (MSMEs) in India's tier 2 and tier 3 cities. The company began operations earlier this year with a focus on Loan Against Property (LAP), marking the start of its secured lending journey.
PayU Launches 'Ho jayega' Campaign to Celebrate and Champion the Spirit of India's MSMEs<br>
PayU , Indias leading diversified fintech platform, has launched its latest brand campaign '<stro
Dun & Bradstreet India Celebrates 30 Years of Empowering Business Growth
MUMBAI, India, Aug. 6, 2025 -- Dun & Bradstreet India, a leading provider of business decisioning data and analytics, proudly celebrates its 30th anniversary—marking three decades of enabling data-led decision-making and supporting the growth of Indian businesses. Established in 1995, Dun & Bradstreet India serves clients across diverse industries, ranging from MSMEs to large enterprises. Today, the company's India database has expanded to over 42 million records,delivering actionable insights that help organizations make smarter decisions and scale effectively. The company works closely with the Ministry of MSME, various state governments, and leading industry associations to promote business growth and credibility, particularly in the export ecosystem. Dun & Bradstreet India also supports businesses across key sectors such as manufacturing, information technology, textiles, pharmaceuticals, automotive, and agriculture.
CGTMSE's Silver Jubilee Celebration - Felicitation of Member Lending Institutions
MUMBAI, India, Aug. 1, 2025 -- The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), marking 25 years of its impactful journey, celebrated its Silver Jubilee by felicitating leading Member Lending Institutions (MLIs) for their exceptional contributions to MSME financing, credit risk management, and institutional excellence. The event, held in Mumbai, underscored CGTMSE's continued commitment to empowering India's micro and small enterprises through expanded access to collateral-free credit.
A New Era for MSMEs: DTX by KredX Signs Pivotal MoU with Ministry of Micro, Small & Medium Enterprises, Government of India<br>
KredX , India's leading integrated supply chain finance platform, today announced the signing of
MSMEs make strong sustainability gains, but governance still not on the radar: SIDBI - D&B SPeX
MUMBAI, India, July 1, 2025 -- Dun & Bradstreet, a leading global provider of business decisioning data and analytics, along with Small Industries Development Bank of India (SIDBI), has released the Sustainability Perception Index (SPeX), for January-March 2025 period. The SPeX, (also known as the 'Green Pulse Indicator') evaluates perception of sustainability of micro, small and medium enterprises (MSMEs) across three dimensions: willingness, awareness, and implementation.
Alibaba.com Launches Trade Assurance in India to Empower SMEs
NEW DELHI, June 30, 2025 -- Alibaba.com, a leading global business-to-business (B2B) e-commerce platform, today announces the launch of its Trade Assurance service in India, marking a significant step in enhancing the trading experience for Indian small and medium-sized enterprises (SMEs). This service empowers them to manage international transactions with greater confidence, efficiency and security. Coinciding with World Micro, Small, and Medium Enterprises (MSME) Day on June 27th, this initiative highlights the commitment of Alibaba.com to supporting global SMEs.
KINARA CAPITAL MSME INSIGHTS REVEAL STRONG OPTIMISM
Over 81% of MSMEs Expect Revenue Increase in the Next 1-2 Years BENGALURU, India, June 27, 2025 -- Kinara Capital, a leading fintech driving MSME financial inclusion, today released its fourth edition of MSME Insights, signaling strong optimism and increased formalization in the MSME sector. MSME entrepreneurs are confident about their near-term business growth prospects. According to the latest MSME Insights, 81% of the surveyed MSMEs expect their business revenue to increase within the next 1-2 years. Of these, 34% anticipate a revenue growth of more than 15% in their businesses. Additionally, MSMEs are embracing formalization, with 51.7% of the surveyed reporting that they are now GST-registered.
E-Invoicing Could Unlock Over ₹30,000 crores for the Indian Economy, Save Firms ₹1.09 crores annually: Avalara Finds
New global research from Avalara and Cebr analyzes electronic invoicing adoption in India and across five other major marketsResearch shows India leads the world in e-invoicing adoption, but depth and integration gaps persist, especially among MSMEs and SMBsDeeper e-invoicing integration could drive significant cost savings and operational efficienciesPUNE, India, June 23, 2025 -- Avalara Inc., a leader in modern tax compliance automation, has released a landmark global report in partnership with the Center for Economics and Business Research (Cebr) quantifying the economic impact of electronic invoicing (e-invoicing) adoption.
Biz2X launches AI-Powered underwriting and CRM platforms to boost MSME credit access
NEW DELHI, May 14, 2025 -- As India's digital lending ecosystem undergoes a historic transformation, Biz2X—a leading global SaaS platform and subsidiary of Biz2Credit—has unveiled two new AI-powered solutions: Biz2X Underwriting Agent and Biz2X AI CRM. These innovations are designed to power the next generation of intelligent, scalable & inclusive lending infrastructure in-line with the strategic expansion initiatives in key global markets including India and Middle East. The launch aligns with findings from an EY report titled "How much productivity can GenAI unlock in India? The AIdea of India: 2025," which estimates that Generative AI could boost productivity in Indian financial services by 34% to 38% by 2030, and up to 46% in banking operations alone.
South Indian Bank hosts Season 1 of National Co-lending Summit - SEED (Synergizing Emerging Enterprises Digitally)
KOCHI, India, May 1, 2025 -- South Indian Bank (SIB), one of India's leading scheduled commercial banks, hosted the inaugural edition of the National Co-lending Summit – SEED (Synergizing Emerging Enterprises Digitally) Season 1 on April 29, 2025, at SIB Tower in Kochi, Kerala. Organised by the Bank's Strategic Alliances & Digital Business Department, the summit marks a significant step towards strengthening co-lending partnerships with emerging and established NBFCs and HFCs. This flagship initiative aligns with the Bank's long-term vision to invite, identify, and engage potential co-lending partners across the Retail, Agriculture, and MSMEs (RAM) segments.
Union Bank of India Launches MSME & CASA Outreach Programs to pass on benefits of back-to-back RBI-MPC rate cuts and Deepen Customer Engagement
MUMBAI, India, April 30, 2025 -- Union Bank of India, today announced the launch of its MSME & CASA Outreach program, a nationwide initiative aimed at strengthening relationships with existing customers, expanding outreach to new MSME clients, and driving sustainable growth in CASA deposits. The countrywide outreach camps follow the RBI Monetary Policy Committee's back-to-back rate cuts which saw interest rates on bank credit fall 50 basis points. Union Bank's MSME loan now starts at an affordable interest rate of 8.75%.
64% OF MSMEs RESUME POST-PANDEMIC; 54% REPORT 10% YOY GROWTH: SAYS THE THIRD EDITION OF MSME SAMPARK REPORT BY UGRO CAPITAL AND DUN & BRADSTREET
In-depth analysis of 45,000+ MSMEs, highlighting credit access, formalization, and digitalization for growth. MUMBAI, India, April 11, 2025 -- UGRO Capital Ltd., a leading DataTech NBFC focused on MSME lending, has released the 3rd MSME Sampark Report – a semi-annual report that is prepared in partnership with Dun & Bradstreet. The 3rd edition highlights that 64% of MSMEs have resumed activity post-pandemic, with around 54% reporting a growth of over 10% Year-on-Year (YoY), underlining the sector's strong momentum. However, growth in investments in Udyam-registered MSMEs has slowed from 61% in FY22 to 22% in FY23 and 23% in FY24. Large and medium businesses anticipate slower domestic growth in Q1 2025, while small firms remain optimistic. It is noteworthy that while capital costs are expected to remain high in Q1 2025, revised MSME classification criteria could drive further investment and expansion.
Federal Bank, RuPay and Visa Jointly Launch Fed StarBiz - a Credit Card for MSME Customers<br>
Federal Bank, a leading private sector bank in India, announced a new addition to its product portfolio with the launch of Fed StarBiz - a credit card designed exclusively for business customers.
Influence of efficiency gains and compliance increases on sustainability adoption: SIDBI - D&B SPeX
MUMBAI, India, April 3, 2025 -- Dun & Bradstreet, a leading global provider of business decisioning data and analytics, along with SIDBI, has released the Sustainability Perception Index (SPeX), referred to as the 'Green Pulse Indicator' for the October-December 2024 period. SPeX evaluates MSME's perception of sustainability across three dimensions: willingness, awareness, and implementation. The SPeX value declined 5.3% in Q4 2024 over Q3 2024. Though awareness and willingness dimensions fell 11% and 12%, respectively from the previous quarter, the implementation dimension rose significantly by 41%.
MSMEs Cannot Afford Additional INR 1.5 Lakhs per year as Cost of Compliance due to IMS: India SME Forum
NEW DELHI, April 1, 2025 -- The India SME Forum (ISF), the country's largest non-governmental organization for small and medium enterprises, has urged the government to reconsider the timeline for the implementation of the Invoice Management System (IMS) under the Goods and Services Tax (GST) framework. Given significant operational and financial challenges faced by Micro, Small, and Medium Enterprises (MSMEs) in integrating IMS, the Forum is calling for a phased implementation for transition to ensure small businesses can adapt without financial or operational distress.
Dun & Bradstreet India and NSIC Collaborate to Empower MSMEs in India
This strategic partnership is designed to enhance the visibility of Indian MSMEs and identify new growth opportunities, with access to Dun & Bradstreet's comprehensive suite of data and analytics solutions delivered through the globally recognized D&B D-U-N-S® number. MUMBAI, India, March 24, 2025 -- Dun & Bradstreet India, a global leader in business data and analytics, has signed a Memorandum of Understanding (MOU) with the National Small Industries Corporation (NSIC), a Mini Ratna enterprise under the Ministry of Micro, Small, and Medium Enterprises (MSMEs). This partnership aims to strengthen the MSME ecosystem by enhancing their visibility, expanding access to global markets, and providing critical insights to drive growth.
Beams Fintech Fund Leads $70M Round in InsuranceDekho, Strengthening Its Commitment to India’s Insurtech Space<br>
Beams Fintech Fund, a leading growth-stage private equity fund focused on the Fintech and Financial Services sector, has announced a follow-on investment in its portfolio company, InsuranceDekho, as p
WeBank Wins Three Awards at The Asian Banker Excellence in Retail Finance Services Awards Ceremony 2025
TOKYO, Feb. 24, 2025 -- WeBank was honored with three prestigious awards at The Asian Banker's 2025 Banking Innovation Annual Meeting and Global Excellence in Retail Financial Services Awards Ceremony recently held in Tokyo, Japan. The accolades include "Best Digital Bank in Asia Pacific", "Best Digital Bank in China" and "Best AI/Gen AI Application in SME Marketing Initiative in Asia Pacific", recognizing WeBank's outstanding achievements in inclusive finance and innovative application of financial technology in MSME finance.
West Bengal Government unveils Unlocking MSME Export Potential report prepared by Dun & Bradstreet in collaboration with MSME & Textile Department
MUMBAI, India, Feb. 13, 2025 -- Dun & Bradstreet India, a global leader in business decisioning data and analytics, in collaboration with the Department of Micro, Small & Medium Enterprises and Textiles (MSME&T), Government of West Bengal, has prepared a report on 'Strategy for Unlocking Export Potential for MSMEs in West Bengal.' The report was released by Dr Manoj Pant, IAS chief Secretary, Government of West Bengal at the 8th edition of the Bengal Global Business Summit (BGBS) on February 6, 2025, in Kolkata in the Sectoral Session on International Trade chaired by Mr. Sanjay Budhia.
Bold Startup-Led Measures & Tax Relief: Startup Policy Forum Members Applaud Union Budget 2025 for Fueling India’s ‘Viksit Bharat’ Vision<br>
Startup Policy Forum (SPF) members – leading startup founders and CEOs across sectors - have unanimously lauded the budget as a “game-changing catalyst” for the Indian economy and ecosystem, cal
Budget 2025-26 Sets the Stage for Sustainable and Inclusive Growth: Anshuman Magazine, CBRE<br>
Reflecting on the key highlights of the budget, Anshuman Magazine, Chairman & CEO, India, Southeast Asia, Middle East & Africa, CBRE said, "The Union Budget 2025-26 is a significant step towards accel
Northern Arc Releases Sustainability Report Showcasing ESG Integration and Long-Term Impact<br>
Northern Arc Capital (NACL), a leading diversified financial services firm, has released its inaugural Sustainability Report for FY2024, showcasing the seamless integration of ESG principles into its
BRISKPE Launches Unified Platform for Cross-Border Payments
Indian MSMEs can now access A2A transfers, card, and wallet-based collections — all under one platform MUMBAI, India, Jan. 7, 2025 -- BRISKPE, a PayU-backed cross-border payment platform, has introduced a game-changing solution designed specifically to meet the needs of micro, small, and medium enterprises (MSMEs). This unified platform integrates account-to-account (A2A) transfers, card collections powered by PayU and PayPal, providing exporters, service providers, marketplace sellers and freelancers with unparalleled convenience and efficiency in managing international transactions.
Dun & Bradstreet India and NERAMAC sign MOU to foster MSME exporters' growth in India
MUMBAI, India, Dec. 23, 2024 -- Dun & Bradstreet India, a global leader in business decisioning data and analytics, has announced today that it has partnered with the Northeastern Regional Agricultural Marketing Corporation (NERAMAC) to issue D-U-N-S® Numbers to Farmer Production Organizations (FPOs) in the North Eastern region of India. The D-U-N-S® Number is a unique nine-digit identifier for businesses. This number is assigned once Dun & Bradstreet's patented identity resolution process identifies a company as being unique from any other in the Dun & Bradstreet Data Cloud. It helps identify, validate, and link businesses worldwide.
MSMEs Show Growing Sustainability Awareness Amidst Persistent Challenges: SIDBI - D&B SPeX
MUMBAI, India, Dec. 19, 2024 -- Dun & Bradstreet, a leading global provider of business decisioning data and analytics, along with SIDBI, released SPeX (also known as the 'Green Pulse Indicator') for July-September 2024, which evaluates the perception of sustainability among MSMEs across three key dimensions: willingness, awareness, and implementation. The index revealed a 30% jump in willingness during July - September 2024 followed by awareness, which saw a 4% increase to 62; while implementation dropped 15% to 41 compared to the previous quarter. Both the willingness and awareness dimension increased, and implementation fell from the last year quarter.
Liberty General Insurance Partners with Profectus Capital to Empower MSME Enterprises
MUMBAI, India, Nov. 27, 2024 -- Liberty General Insurance, one of India's leading general insurers, has partnered with Profectus Capital to support Micro, Small, and Medium Enterprises (MSMEs), by providing them with access to tailored insurance solutions. This collaboration aims to enhance financial security for businesses, allowing them to focus on growth and sustainability with peace of mind.
Godrej Capital Urges Customers to 'Be Festive Ready' with 'Badho Behisaab' Campaign
360-degree multi-lingual campaign to run across 40+ cities across IndiaThe campaign aims to inspire MSMEs to seize forthcoming growth opportunities during festivitiesMUMBAI, India, Oct. 25, 2024 -- As India gears up for the festive season, Godrej Capital, the financial services arm of the Godrej Industries Group, has launched a new festive campaign 'Badho Behisaab'. The campaign aims to inspire MSMEs to seize forthcoming growth opportunities. Reminding businesses of their right to thrive and creating awareness about financial readiness to help them scale during this focal time. With the festive rush being the perfect moment to expand, adding money to grow money becomes the next big step for success. Godrej Capital through this campaign aims to support small and medium-sized business owners with flexible business loan and loan against property offerings to help them gear up for the busiest and most profitable time of the year.
MSMEs CONTINUE THEIR RECOVERY POST-PANDEMIC: SAYS THE SECOND EDITION OF MSME SAMPARK REPORT BY DUN & BRADSTREET AND UGRO CAPITAL
Reinforcing the positive outlook on MSMEs & emphasizing that 'MSME Accha Hai' MUMBAI, India, Oct. 14, 2024 -- Dun & Bradstreet, a leading global provider of business decisioning data and analytics, along with UGRO Capital, a leading DataTech non-banking financial company (NBFC) specializing in lending to micro, small and medium enterprises (MSMEs), has unveiled the second edition of MSME Sampark. This half-yearly report highlights the MSME sector's crucial role in India's growth, as it contributes nearly 30% to GDP and employs over 150 million people, as the country experiences a steady GDP growth rate of 8.2% in 2023-24 and is among the fastest-growing major economies globally.
Easebuzz Drives Formalisation of Indian SMEs with Verticalised Digital Payment Solutions<br>
India's goal of becoming the third-largest economy by 2030, it is essential that growth is driven not only by the thriving startup ecosystem but also by the active participation of SMEs and traditiona
MSMEs see profits and cost-saving benefits in sustainability but need support for efficiency goals: SIDBI - D&B SPeX
MUMBAI, India, Oct. 10, 2024 -- Dun & Bradstreet, a leading global provider of business data and analytics, along with SIDBI released the Sustainability Perception Index (SPeX) for April to June 2024. The highlight of this edition of SPeX is that the awareness of sustainability among MSMEs has increased over the past year, with MSMEs showing a stronger focus on environmental measures over social and governance factors in Q2 2024. They perceive sustainability initiatives as most beneficial for profitability and brand image compared to other factors.
KINARA CAPITAL'S FOUNDER & CEO, HARDIKA SHAH, WINS THE PRESTIGIOUS 'THE ECONOMIC TIMES STARTUP AWARD (ETSA) 2024'
Jury voted unanimously for Hardika Shah in the 'Woman Ahead' category for building Kinara Capital to tackle the massive MSME credit gap BENGALURU, India, Oct. 7, 2024 -- The Economic Times (ET) conferred Hardika Shah, Founder & CEO of Kinara Capital, with its prestigious ET Startup Awards 2024 in its Woman Ahead category. The ET Startup Awards recognized Hardika for identifying a critical gap in the market and delivering a solution for it by building Kinara Capital. Hardika was 1-of-8 winners out of hundreds considered this year and chosen by an independent jury panel led by the eminent Nandan Nilekani.