Year: 2023

Ease Of Doing Business in India: Global Perspective and the Factors That Influence the Ranking

Small Enterprise India

India has always been a sought-after destination for tourists, traders, and explorers. It is a region of entrancing colours, engaging cultures, and tremendous diversity. However, many people are unaware that India also has a rapidly developing economy and is a hub for entrepreneurship and innovation. The nation is evolving into a centre of commercial activity, providing a plethora of chances for anyone willing to take the risk.  India has great promise, but historical challenges have made doing business difficult. Yet, the Indian government has been making efforts to foster a…

TOP 10 CRM FOR SMALL BUSINESSES AND THE BENEFITS

Small Enterprise India

CRM (Customer Relationship Management) is a category of software that aids companies in organizing, managing, and specifically tracking their customer interactions. The CRM can also help you store customer data, which you can efficiently utilize to streamline the sales and marketing operations and increase customer service throughout the entire organization. This data also includes the user activity, client lifetime value, purchase history, and specific notes on the sales interactions. CRM software tracks the behaviour and actions of your present and potential consumers through your business’s website, social media accounts, or…

FUTURE OPPORTUNITIES FOR TECHNOLOGY TO SUPPORT ECONOMIC INCLUSION

Small Enterprise India

Economic inclusion, or having access to formal financial services like bank accounts, credit, and loans, is one of the most effective ways to end poverty cycles. Unfortunately, as many as 1.7 billion individuals worldwide still need bank accounts or access to financial services. Those already economically vulnerable will find it more challenging to improve their circumstances because of this condition. Fortunately, AI and blockchain are only two examples of cutting-edge technology bringing novel approaches to expanding people’s access to formal money. Technology can foster inclusiveness by enabling new ways of…

KEY DRIVERS OF DIGITAL ENGAGEMENT FOR MSMEs

Avni Porwal

A few key drivers for MSMEs to consider when implementing a digital engagement strategy. These include intentionality, cost-effectiveness, complementarity, and integration. Considering all of these factors, you’ll be well-off on your way to holistically engaging with digital technologies. Intentionality Increasingly, small business support organisations recognise that digital technologies can transform how they support small businesses. As a result, these organisations are experimenting with new methods to reach small businesses. While traditional forms of support still matter to many small businesses, digital technologies have become integral to small businesses worldwide. Creating…

MSME NATIONAL IPR YATRA 2023

Small Enterprise India

An initiative of the Government of India, under the Micro, Small & Medium Enterprise Ministry, the MSME National IPR Yatra 2023 was successfully conducted in Bengaluru on 23 & 24 March’23, to create awareness about the benefits of IPR and conduct sessions on how MSMEs can filing for Patents, trade mark, copyright, and many other IPR related topics. The 2-day event MSME National IPR Yatra, Bengaluru was organized by MSME DFO, Bengaluru in association with the National Law School of India University and co-organized by Small Enterprise India. With many MSMEs operating in overlapping and crowded markets, the need…

MSME DIGITAL TRANSFORMATION DRIVE – MYSORE

Small Enterprise India

Government of India, Ministry of MSME – MSME DFO, Bengaluru, reach out to Mysore and other cities to educate MSMEs on the adoption of technology in business.  Monday 27 March, Mysore: On behalf of the Government of India, the Ministry of MSME, conducted a successful gathering of MSMEs in Mysore, which was organized by MSME DFO, Bengaluru. The event was held at Sandesh The Prince Hotel at Mysore, Co-organised by Small Enterprise India, a leading platform in India for educating MSMEs to grow their businesses. The event was inaugurated by Ganapati Akadas,…

MSME National Tech Conclave Concluded Successfully

Small Enterprise India

The MSME National Tech Conclave has recently been concluded successfully on 2 March,’23, Bangalore, in presence of industry veterans, and thought leaders. Conceptualized and organised by MSME DFO, Bangalore. The conclave witnessed participation from over 35 industry segments along with more than 130 delegates. MSME National Tech Conclave was Co-organised by Small Enterprise India supported by Tally Solutions Pvt Ltd as a Technology partner, and Equitas Small Finance Bank as Associate Partner, the unique Tech forum brought together all the stakeholders across the industry on one platform to deliberate on trends, areas of growth and innovation, and…

FINNOVATE: FinTech for SMEs Concluded with a Positive Impact

Small Enterprise India

A first-of its kind industry event – FINNOVATE:Fintech for SMEs was conceptualized and organized by Small Enterprise India. This conference was a get-together of the top financial institutions, Banks, Fintech companies and SMEs. The vision of the get-together creates a great opportunity for SMEs to learn about the latest trends in FinTech and how financial institutions are catching up with this space to offer their best services and solutions to SMEs.  The target brings the FinTech and Finance experts to educate SMEs that can help solve their financial woes and…

India’s premier tech summit Big CIO Show brings together the nation’s top IT minds

Small Enterprise India

Officially Supported by NITI Aayog and Powered by Intel Xeon, the 12th annual Big CIO Show brings together a prestigious group of C-level technology innovators and leaders who will gather to shape India’s IT landscape. Big CIO Show will also recognize and pay tribute to industry pioneers who have made a significant impact with the esteemed Big CIO Awards. Trescon’s 12th annual Big CIO Show is scheduled to take place on 9th March 2023 at the Sheraton Grand Whitefield in Bengaluru. The event will showcase the remarkable achievements of India’s…

HOW FINTECH IS DISRUPTING THE SMALL BUSINESS LENDING MARKET

Small Enterprise India

In simple words, Fintech is a set of tools or technologies that work toward supporting and enabling financial and banking services. It is an amalgamation of a different set of specialized software and data analysis to foster the needs of the growing economy of SMEs. Its welcoming approach toward Blockchain technology has eliminated intermediaries and provided greater transparency. The Covid pandemic has brought a lot of new things to the world. Be it the virus itself, the vaccines, or the lockdowns. One cannot deny the rising impact of digitisation and…

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