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Hey everyone, I’m working on a new fintech idea around MSME financing. If there were a platform where MSMEs could quickly get funds based on their pending invoices or confirmed orders from reputed companies, would that be something useful? What chall

1. India’s MSME sector: where dreams are built on shoestring budgets. 2. Small businesses in India: the real underdogs driving the economy (40%) 3. Need a reality check? Just try getting a loan as an MSME in India. 4. The backbone of India's econo

The challenges of MSMEs that aspiring entrepreneurs could work on solving: 1. Legal and Business Compliances Navigating the maze of legal & business regulations can be a major hurdle for small enterprises, often requiring significant time & effort

Mandatory TReDS Onboarding for Companies with Turnover Above ₹250 Crores As per Gazette Notification S.O.-4845E dated 7th November 2024, all companies with a turnover exceeding ₹250 crores are required to onboard the Trade Receivables Discounting Sy

Union Budget 2024-25: Key Highlights for Startups and MSMEs 🚀 Finance Minister Nirmala Sitharaman mentioned 'startup' just twice in her speech, but there's plenty for the startup ecosystem, manufacturing, and MSMEs in this budget! Here's the scoop:

Understanding Merchant Trading Merchant trading is a global business model where traders buy and sell goods without engaging in physical manufacturing or direct import/export operations. It differs from traditional import/export companies in the foll

🚀 GST Compliance Checklist for the New Financial Year ✅ A new financial year means a fresh start for your GST compliance! 📆✅ Stay ahead of deadlines, avoid penalties, and ensure smooth tax filings with this essential checklist. 📊💼 🔹 Review GST

𝗪𝗵𝗮𝘁'𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗨𝗻𝗶𝗼𝗻 𝗕𝘂𝗱𝗴𝗲𝘁 𝟮𝟬𝟮𝟱 𝗳𝗼𝗿 𝘀𝘁𝗮𝗿𝘁𝘂𝗽𝘀? The government aims to support 5.7 crore MSMEs with enhanced financial assistance and policy measures. Loan guarantees for micro-entrepreneurs will be expanded to ens

Apple invented words that we still use today! Did you know 'Podcast' was a word created by Apple? It was used as a combination of iPod and Broadcast, to describe radio like content people could listen to on their iPods The name quickly caught on

Hey guys Here's a detailed business explanation. Challenges faced by MSMEs in loan application : 1)time-consuming and complex loan application process. 2)lack of awareness about various government loan schemes. 3)difficulty documentation and applicat