The last few years have witnessed how the contribution of Micro, Small, and Medium Enterprises (MSMEs) in India has grown tremendously. Contributing a substantial 30% of the country’s GDP they generate thousands of job opportunities every year. This way, they have revived the rural and urban ecosystems across the country. To further strengthen and
Buy Now Pay Later has gradually become the face of modern transactions. By the year 2024, BNPL has marked a pivotal presence in the global markets. While it was at a nascent stage in 2021 with just 9% BNPL transactions globally, the numbers are expected to reach 24% by 2026. From small to medium
MSME stands for Micro, Small, and Medium Enterprises. India is a hub of MSME start-ups and in the year 2021-22, the contribution of MSME in the country’s GDP was around 30% which is a huge number. This is the reason why MSME is often termed as the backbone of the country’s economy. Adequate funding
Introduction Micro, small, and medium enterprises have been referred to as the growth engines of the Indian economy. They represent India’s next paradigm of growth. The MSME sector not only serves as a vital development mechanism for urban India but also boosts rural India by producing goods and services, providing employment, and spawning ancillary
Introduction In India, the ecommerce industry is projected to grow at a CAGR of 21% and reach $325 billion by the year 2030 according to a report by Deloitte. As India looks forward to taking giant leaps and becoming a global economy, e-commerce is playing a vital role in this transition. Every business today
Micro, Small, and Medium Enterprises (MSMEs) play a pivotal role in the vibrant Indian economy. And rightfully so, as they contribute significantly to the national GDP while creating millions of jobs in the metros as well as the heartland of the country. However, many MSMEs have to face hurdles in securing capital that is