MSMEs and SMEs are vital to India’s economy, contributing significantly to GDP, employment, and exports. As of FY 2024-25, MSMEs account for ~30.1% of India’s GDP and almost 45.79% of the total exports. This sector generates employment, with over 203.9 million people engaged through registered enterprises. However, access to finance remains a challenge due to stringent credit requirements, limited collateral availability, and high-interest rates. To bridge this gap, alternative financing solutions like crowdfunding and P2P lending are emerging as viable options, providing SMEs with greater flexibility and accessibility. This article…
Crowdfunding and P2P Lending: New Trends in SME Finance to Watch For
