Flexi Payment

The MSME sector, often hailed as the backbone of the Indian economy, has been buzzing with activity, especially in the credit domain. As we delve into the industry insights for August 2023, a few trends emerge that paint a comprehensive picture of the credit demand, supply, and growth dynamics. A significant uptick of 33% in …

MSME Credit Pulse: Decoding Demand, Supply, and Growth Trends of August 2023 – 2024 Read More »

India’s economic landscape has been a beacon of growth, with the Micro, Small, and Medium Enterprises (MSME) sector playing a pivotal role. Recent data reveals a promising trajectory for the MSME sector, which has been instrumental in driving the nation’s commercial credit portfolio. In FY 23-Q4, this portfolio witnessed a robust 15% YoY growth, with …

The Indian Economy and the Resilient MSME Sector Read More »

Working capital loans are a financial lifeline for businesses, providing the money needed for day-to-day operations. These short-term loans help cover costs like raw material purchases, expenses like salaries & wages and help manage the day-to-day operations, thereby ensuring smooth business functioning. These loans are a practical solution for managing cash flow gaps, seizing growth …

What is a Working capital loan for a small business? How to avail working capital loan, requirements & interest rates. Read More »

Micro, small, and medium enterprises, commonly known as MSMEs, are the backbone of our country’s economy. The sector accounts for almost 29% of the GDP and approximately 49% of total exports. The Indian Government aims to increase MSME contribution to more than 50% and 75% of the GDP and exports, respectively. However, the biggest constraint …

Supply Chain Finance for MSMEs Read More »

Smaller businesses contribute almost 30% to India’s Gross Domestic Product (GDP). Often, these businesses are unable to grow due to the lack of access to the formal banking system, which prevents them from keeping up with the increasing supply chain expenses. Technology-based supply chain finance has been useful in reducing costs and optimizing working capital …

FinTech – Spearheading the Innovations in Supply Chain Finance Read More »