MSME

MSME

Dough & Cream Bakery Cafe Serves Two Million Customers

Opportunity India Desk Sep 07, 2022 - 2 min read

Dough & Cream bakery cafe which has recently opened its 10th cafe in Gurugram, has announced to have touched 2 million customers in August. The cafe is accessible in ten different locations with a wide range of Cakes, cuisines of different kinds, dessert and beverages. The number of customers of this bakery café is rising ...

Share
MSME

Asia-Pacific Region Experiences 12.4 Per Cent Decline In Deals During First Month of Q3 2022

Opportunity India Desk Aug 24, 2022 - 2 min read

Uncertainties in the geopolitical and macroeconomic world are turning investors of Asia Pacific region (APAC) more and more risk averse. Despite having good results in the Quarter 1 and 2 of 2022, average of first month of Quarter 3 is cuing towards the headwinds coming with monsoons. In July 2022, a total of 1,342 deals ...

Share
MSME

NPCI International Signs PayXpert As UK’s First Acquirer For UPI And RuPay

Opportunity India Desk Aug 19, 2022 - 3 min read

NPCI International Payments Limited (NIPL), a wholly-owned subsidiary of National Payments Corporation of India (NPCI) has signed an MoU with the payments solutions provider PayXpert to internationalise the acceptance of its payment solutions in the UK. This collaboration will make the Indian payment solutions available in the UK on all PayXpert’s android point-of-sale (POS) devices ...

Share
MSME

SBI Launches First Branch For Start-ups In Bengaluru

Opportunity India Desk Aug 17, 2022 - 3 min read

In order to prevent small start-ups from selling their equity for funds, the State Bank of India has launched a branch dedicated to these businesses in Bengaluru, also known as start-up capital of India. This Branch will cater to the entire gamut of the Start-ups’ needs, at every stage of their evolution. According to the ...

Share
MSME

Resolution Resolution Plans For Insolvent Companies Should Lead To Sustained Value Creation

Opportunity India Desk Aug 17, 2022 - 3 min read

The Insolvency and Bankruptcy Board of India (IBBI) has said that resolution plans for insolvent companies should lead to sustained value creation over the years and must involve strategies that go much beyond just “restructuring of liabilities”. The regulator also asked the powerful committee of creditors (CoC) to show great commercial wisdom while endorsing such ...

Share
MSME

EMIs Becomes Expensive As SBI Raises MCLR By 20 Per cent

Opportunity India Desk Aug 16, 2022 - 2 min read

The State Bank of India (SBI) has raised its marginal cost of funds based lending rate (MCLR) by 20 basis points (bps) across tenures, a move that will make EMIs expensive. MCLR for one year, which is considered important as long-term loans like home loans are linked to this rate, is now at 7.70 per ...

Share
MSME

Strict Norms For Digital Lending Space Issued By RBI

Opportunity India Desk Aug 11, 2022 - 3 min read

The Reserve Bank of India (RBI) in its new guidelines said that all digital loans must be disbursed and repaid through bank accounts of regulated entities only, without pass-through of loan service providers (LSPs) or other third parties. The guidelines, aimed at curbing rising malpractices in the digital lending ecosystem, follow the recommendations of a ...

Share
MSME

Amazon to Onboard 18,000 SMBs under 'Amazon Pay Smart Stores’ Program

Opportunity India Desk Aug 11, 2022 - 3 min read

Payment services wing of Amazon, Amazon Pay, has announced to onboard around 18,000 merchants from Tier-II, III cities as a part of its ‘Amazon Pay Smart Stores’ program. The program intends customers to find offline stores which helps stores to get customers easily. According to the company the programmes will not only make the customer ...

Share
MSME

Wealthtech Platform Dezerve Investments Raised USD 21 Million from Accel Partners

Opportunity India Desk Aug 09, 2022 - 2 min read

Technology focused wealth management platform, Dezerv Investments Pvt. Ltd., has announced to raise USD 21 Million (around INR 167 Cr) from venture capitalist Accel Partners. The funding took company’s valuation to USD 100 million. Investors like Elevation Capital and Matrix Partners India Also participated in the round. However the company did not disclose the distribution ...

Share
MSME

Buy Now Pay Later- A Business Rising From Good To Better

Opportunity India Desk Aug 09, 2022 - 4 min read

In today’s world, technological advancement has brought a major change in consumer behaviour and purchase habits while online and digital payments have become extremely popular with consumers. Now, Buy Now Pay Later (BNPL) has caught the fancy of consumers. According to recent global survey almost 57 per cent consumers strongly felt that BNPL has the ...

Share