CSB Gets An SME Boost
Bank working to diversify from gold and become a pan-India player with a larger share of customer wallet.
sme
July 2024
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Over one-fourth MSMEs lost more than 3% market share in FY22: Crisil
Half of the MSMEs suffered a contraction in their EBITDA margins because of a sharp rise in commodity prices last fiscal.
Modi biopic co-producer's IPO is a story in itself
Manish Grover’s Jeena Sikho Lifecare raises ₹55 crore at a premium of ₹140 a share against promoter's own infusion of 11 paise per share.
Open raises $100 million led by Temasek
The SME-focused neobanking platform’s total fund tally now stands at about $135 million.
Despite Covid-19, record capital raised in FY21
The pandemic, ultimately, was unsuccessful in denting the country's capital raising confidence, as India Inc. raised over ₹1.88 lakh crore, beating the record of over ₹1.75 lakh crore raised in FY18.
Capital Float raises $15 million in equity funding
The Bengaluru-based fintech company says it will utilise the funds to boost its capital base and ramp up SME and consumer loan services.
Negligible Covid-19 issues in rural India: RBL Bank
RBL Bank is allocating capital to build a new line of secured housing business, and aims to carry out steps to reduce costs to protect its balance sheet in light of the changing economic environment.
Drip Capital raises $25 million from Accel, others
The fintech startup wants to fill the trade finance gap in India and globally by using technology to assess credit risk.
Drip Capital raises $15 million
Drip Capital provides working capital finance to small and medium-sized enterprises (SMEs) that are engaged in cross-border trade.
SAP India bets big on Cloud
GST and more enterprises in India’s formal sector will help SAP build on its strong base in India, says Deb Deep Sengupta, India head of German tech company SAP
