MSME

MSME

Ramkrishna Forgings to Invest INR 100 Cr in TSUYO for Electric Vehicle Portfolio

Opportunity India Desk Dec 16, 2022 - 3 min read

Ramkrishna Forging Limited, or RKFL, has come up with a plan to acquire up to 51 per cent voting rights of TSUYO Manufacturing Private Limited. The Board of Directors of Ramakrishna Forging Limited nodded to invest in TSUYO for majority voting rights. RKFL is a leading supplier of rolled, forged, and machined products and TSUYO ...

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CSB Bank Ties Up With Yubi Loans To Expand SME And LAP Lending

Opportunity India Desk Dec 14, 2022 - 3 min read

CSB Bank, a private sector lender that offers a wide range of products and services and the bank is majorly focusing on SME and LAP business, has tied-up with Yubi Loans to leverage untapped opportunities emerging out of the SME and LAP markets in the large, medium, small and micro segment. Through this partnership, CSB ...

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IDFC Bank, Sa-Dhan and NextGen collaborate to Offer Financial Solutions for Feature Phone Users

Opportunity India Desk Dec 07, 2022 - 3 min read

Leading private sector lender IDFC First Bank has joined hands with Micro Finance Institution’s association, Sa-Dhan and fintech solutions provider NextGen, in to bring digital micro finance solutions to millions of feature phone users in the country users, which is around 45 percent of the mobile phone using population and about 94 million beneficiaries under ...

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Marg ERP Celebrates 30th Annual Day In Delhi

Opportunity India Desk Nov 29, 2022 - 2 min read

Marg ERP Limited, a software development company which provides perfect customised inventory, accounting and digital payment solutions for all SMEs and MSMEs through online as well as offline services, on Monday celebrated its 30th annual day function at Marg House in New Delhi. The function began with the lighting of the ceremonial lamp by the ...

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BeepKart Raises INR 73 crore In Series A Round

Opportunity India Desk Nov 09, 2022 - 3 min read

BeepKart, a full-stack online platform of used two-wheelers, announced that it has raised around INR 73 crore in its Series A round led by Vertex Ventures South East Asia and India. The round also witnessed participation from existing investors Stellaris Venture Partners and Chiratae Ventures who had led the around INR 24 crore seed round ...

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Industrial Investment and Employment Promotion Policy 2022 launched in UP

Opportunity India Desk Nov 03, 2022 - 2 min read

With an aim to make Uttar Pradesh a one trillion-dollar economy and UP Global Investor Summit 2023 at sight, the state government has launched its Industrial Investment and Employment Promotion Policy 2022, an official spokesperson said. Industry Minister, Nand Gopal ‘Nandi’ said that the state’s umbrella policy focuses on creating a progressive, innovative and competitive ...

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BSE Creates History With India's First Successful EGR Transaction

Opportunity India Desk Oct 27, 2022 - 3 min read

BSE, India’s leading and the world's fastest Stock Exchange is pleased to announce the successful creation, transaction, and settlement of Electronic Gold Receipts (EGRs). The first transaction took place on October 24, 2022 during the muhurat trading session, was successfully settled on T+1 day, as investors benefitted from access to liquidity using the newly created ...

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RBI Cancels CoRs of Eight NBFCs

Opportunity India Desk Oct 13, 2022 - 3 min read

The Reserve Bank of India (RBI) has cancelled four non-banking finance companies’ (NBFCs) certificates of registration (CoR) while four other NBFCs surrendered their CoRs to the central bank. Also, market regulator Securities and Exchange Board of India (SEBI) has also cancelled the certificate of registration of Brickwork Ratings India Pvt Ltd. The four NBFCs whose ...

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Datacultr Expands Footprint To Nine Countries And Secured Over 1.9 Mn Loans

Opportunity India Desk Oct 12, 2022 - 3 min read

Datacultr, a leading global Digital Debt Collections and Risk Management start-up has announced that it has successfully expanded its footprint to nine countries such as Malaysia, Indonesia, Nigeria, Kenya, Ivory Coast, Mexico, Ecuador and Bolivia apart from India, since its launch in 2020 and secured over 1.9 Million loans, amounting to over $220mn worth of ...

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How To Start A Business In Electricals

Opportunity India Desk Oct 11, 2022 - 3 min read

Nearly everyone consumes electricity daily which has led it to become a necessity for mankind. As a result of how important electrical services are, the sector is worth more than USD 200 billion. Owing to this demand, businesses operating in the electric sector need highly skilled personnel that can do tasks which would be dangerous ...

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