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Indian Chamber of Commerce demands higher interest subvention for MSMEs


Indian Chamber of Commerce demands higher interest subvention for MSMEs
The two per cent interest subvention scheme on loans has truly supported Indian MSMEs. We would like to propose that the scheme be further extended with enhanced coverage, Indian Chamber of Commerce president Vikas Agarwal said
PTI | January 15, 2021 | Updated 20:12 IST
Industry body Indian Chamber of Commerce (ICC) on Friday demanded higher interest subvention for micro, small and medium enterprises (MSMEs) on loans to boost employment generation in the country.
The city-headquartered chamber in its budget demand also called for simplification of personal taxation by lowering tax rates for greater compliance. ....

Indian Msmes , Vikas Agarwal , Indian Chamber , Indian Chamber Of Commerce , Raghu Ram , Kiran Mazumdar Shaw , Us India Business Council , விகாஸ் அகர்வால் , இந்தியன் அறை , இந்தியன் அறை ஆஃப் வர்த்தகம் , ரகு ரேம் , கிறன் மஜும்தர் ஷா , எங்களுக்கு இந்தியா வணிக சபை ,

[Startup Bharat] This Vadodara startup is enabling startups, SMBs to hire engineers on a sharing basis from la


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Indian small and medium businesses (SMB) were among the worst-hit amidst the COVID-19 pandemic. And, to survive the economic stress, digitisation was the only way forward. However, they remained hesitant to hire permanent IT employees due to the liabilities involved in managing their own business.
Enter Vadodara-based Sharedpro a talent mobility platform that helps SMBs and startups hire full-time engineers from large IT companies when they are underutilised. In fact, Sharedpro allows them to work with the best talent without paying agency and payroll fees.
We create a bridge between employers, especially for SMBs, to hire talent from IT/ITeS companies for up to 12 months in a flexible manner. This way, the IT/ITeS companies who have on an average15 percent underutilised resources get to decrease their underutilisation rate, thus creating a win-win solution for everyone in the industry, Vikas Agarwal, Co-founder of SharedPro, tells YourStory Med ....

Sujit Singh , Vikas Agarwal , Sardar Vallabhbhai Patel Institute Of Technology , Society For Human Resource Management , Vadodara Based Sharedpro , Sardar Vallabhbhai Patel Institute , Human Resource Management , சுஜித் சிங் , விகாஸ் அகர்வால் , சர்தார் வல்லபாய் படேல் நிறுவனம் ஆஃப் தொழில்நுட்பம் , சமூகம் க்கு மனிதன் வள மேலாண்மை , சர்தார் வல்லபாய் படேல் நிறுவனம் , மனிதன் வள மேலாண்மை ,

[Funding alert] SSA Finserv raises $3M from Blue Ashva Capital to expand MSME lending operations


[Funding alert] SSA Finserv raises $3M from Blue Ashva Capital to expand MSME lending operations
SSA Finserv will use the funding made through Blue Ashva Sampada Fund to expand lending from top cities to small towns, the NBFC said in a statement.
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raised $3 million (around Rs 21 crore) from Blue Ashva Capital.
The funding, made through
Blue Ashva Sampada Fund, will be used to expand lending from top cities to small towns, the NBFC said in a statement on Tuesday.
The investment will further reaffirm our commitment to become a preferred financial partner for small businesses by expanding our reach into more locations, said ....

Vikas Agarwal , Satya Bansal , Blue Ashva Sampada Fund , Blue Ashva , Managing Director , Blue Ashva Capital , Ashva Capital , Fintech Platform , Ssa Finserv , விகாஸ் அகர்வால் , சத்யா பன்சால் , நீலம் அஸ்வ சம்படா நிதி , நீலம் அஸ்வ , நிர்வகித்தல் இயக்குனர் , நீலம் அஸ்வ மூலதனம் , அஸ்வ மூலதனம் , ஃபிண்டெக் நடைமேடை , ஸ்ஸா பின்செருவ் ,

blue ashva capital: SSA Finserv raises $3 million from Blue Ashva Capital


Synopsis
SSA Finserv founded in June 2019 in Mumbai, specialises in providing customised finance to small businesses through cash-flow based loan products.
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It offers both collateral-free and collateral-backed loans, loans against work orders and sales, and bill discounting.
MUMBAI: Small businesses-focused non-banking lender SSA Finserv has raised $3 million (around Rs 21 crore) from Blue Ashva Capital. The money, invested through Blue Ashva Sampada Fund, will be used to expand lending from top cities to small towns, the NBFC said in a statement on Tuesday.
The investment will further reaffirm our commitment to become a preferred financial partner for small businesses by expanding our reach into more locations, said Vikas Agarwal, founder-managing director and chief executive of SSA Finserv. ....

Vikas Agarwal , Satya Bansal , Blue Ashva Sampada Fund , Blue Ashva , Blue Ashva Capital , Ashva Capital , Ssa Finserv , Small Businesses , விகாஸ் அகர்வால் , சத்யா பன்சால் , நீலம் அஸ்வ சம்படா நிதி , நீலம் அஸ்வ , நீலம் அஸ்வ மூலதனம் , அஸ்வ மூலதனம் , ஸ்ஸா பின்செருவ் , சிறிய வணிகங்கள் ,