Category: Featured

DIGITAL SUPERSTARS: EXPLORING THE WORLD OF VIRTUAL INFLUENCERS

Small Enterprise India

Thanks to the widespread implementation of digital technologies, businesses of all sizes are doing better than ever. However, a fascinating phenomenon known as virtual influencers has emerged amidst all this digital upheaval, capturing the attention of consumers and businesspeople alike.  These intricate computer-generated characters are a huge leap in terms of design and craftsmanship from what earlier algorithms could produce. They’ve built up a dedicated following who actively engage with and even idolize them on social media. Their impact is undeniable; they have swayed fashion and established links that weren’t…

Exploring the History and Advantages of Software-as-a-Service (SaaS) and its Significance for Small Businesses

Small Enterprise India

Software as a service (SaaS) is one of the most popular and beneficial technological advancements that deliver software in which users pay for any software they use for a specific amount of time, with the cost determined by supply and demand in the market.  Software ownership is a very expensive process. Paying per hour of usage, rather, would be financially advantageous. Additionally, it would relieve the user of the hassles associated with backup, maintenance, and upgrades.  As Software-as-a-Service is a popular process and beneficial to almost all, we should have…

SaaSUMMIT’23 Exceeds Expectations, Leaving SMEs Inspired and Informed

Small Enterprise India

The highly anticipated SaaSUMMIT’23 concluded on 11 August’23 with resounding success, bringing together industry leaders, experts, and SME decision-makers. Hosted at the Bangalore International Hotel, Bengaluru, the event featured a diverse range of presentations, engaging sessions, keynote speeches, Panel discussions and networking opportunities that left attendees inspired, informed, and eager for future technology opportunities that can help SME businesses grow faster. From a captivating keynote address to the hands-on workshops led by Industry Experts, showcasing the latest trends, insights, and innovations in the SaaS model. The event was a unique platform for…

INNOVATION HELPING SMALL BUSINESSES THAT WORK TOWARD SUSTAINABILITY

Small Enterprise India

Plastic cutleries are a significant source of land pollution. As per a report published in Economic Times in 2018, global plastic cutlery results in 22,000 tons of waste that goes directly into landfills every month. These plastics take almost 500-1000 years to decompose totally. One of the solutions to overcome this problem is not to use plastic cutleries, and instead, use biodegradable cutleries. Several Micro, Small, and Medium Enterprises (MSMEs), are engaged in manufacturing such biodegradable cutleries. They develop cutleries such as plates with dried leaves of Sal, Dhak, Bauhinia, and Banyan. Spoons, Forks, and…

SCALING UP SUSTAINABLE BUSINESSES: CHALLENGES AND OPPORTUNITIES FOR MSMEs

Small Enterprise India

Examine the barriers and success factors in scaling up sustainable MSMEs in India, showcasing case studies and best practices for growth and impact.  “In the world of business, big things often have small beginnings. MSMEs are the seeds that grow into mighty enterprises.”   In recent years, MSMEs have witnessed drastic growth in the economic setup of India. They have allowed aspiring entrepreneurs to shape their ideas into reality. Notably, it takes work in a developing country like India to get investments and arrange adequate resources for establishing big corporations.  In…

CHALLENGES FACED BY MSMEs IN PRODUCING AND DISTRIBUTING ORGANIC AGRICULTURE PRODUCTS

Small Enterprise India

Small businesses play a crucial role in supporting the organic agriculture industry. Today, more people want to consume organic food products as these are considered healthy options since they are free from chemicals; plus, these are also considered to be environmentally friendly. The demand for these products is increasing. Therefore, there is a need to support organic agriculture.  If organic farming is to grow and be undertaken in a sustainable manner, then there is a need for support from business teams in producing, packaging, and distributing organic agricultural produce. Several small-scale enterprises have…

INDIA-JAPAN DEEPTECH INNOVATION & CLEAN ENERGY SEMINAR

Small Enterprise India

JETRO (Japan External Trade Organization) and NEDO (New Energy and Industrial Technology Development Organization) Japan organized a seminar on India-Japan Deeptech Innovation & Clean Energy on 20th July 2023 at ITC Maurya, Diplomatic Enclave, New Delhi. The seminar was co-hosted by FICCI and TERI. The objective of the seminar was to foster partnership through sharing knowledge, experiences, and expertise between India and Japan in the field of deep-tech innovation and clean energy. The Seminar was curated to cover a wide range of topics related to the subject such as digital…

ENKASH IS UNLOCKING 100% ACCURACY IN ACCOUNTING AND AUDITING PROCESSES FOR BUSINESSES THROUGH ITS NEW PLATFORM OLYMPUS

Small Enterprise India

EnKash, Asia’s 1st and smartest spend Management platform has launched “Olympus,” an industry-first solution that automates business payables and receivables. Mid-size and especially traditional businesses lack experience and accessibility of digital payments considering the high costs and efforts involved. While larger companies get desired technology solutions from banks and their software providers, startups and small to midsize businesses have struggled for a long time.  EnKash’s platform, Olympus, is focused on startups & small to midsize businesses and comes with  “plug & play” integration capability in completely DIY mode.  It seamlessly…

BLOOMING SUSTAINABILITY: SMALL BUSINESSES HARNESSING THE POWER OF FLORAL WASTE FOR A GREENER INDIA

Small Enterprise India

Flowers have long held a special place in human culture, representing celebration, beauty, and love.  Global floriculture production is growing at 10% per year.  India, a land with diverse traditions and festivities, has long held floriculture as a cherished part of its cultural fabric.  The floriculture market in India is growing at a CAGR of 20.1%.  Yet, as flower offerings continue to grace temples and religious ceremonies, a vital question emerges: What becomes of these flowers once their purpose is fulfilled? The widespread disposal of floral waste poses significant environmental…

FROM SURVIVING TO THRIVING: STRATEGIES FOR MSME GROWTH IN A POST-PANDEMIC WORLD

Small Enterprise India

The COVID-19 pandemic has brought about unprecedented challenges for all sorts of businesses throughout the world. However, Micro, small, and medium enterprises (MSMEs) were the worst hit during the pandemic. Globally, MSMEs experienced a 35% average revenue decline during the height of the pandemic, resulting in business closures and job losses. However, these enterprises maintained their resilience and managed to survive the pandemic. These businesses, which frequently have limited resources and financial capabilities, have encountered supply chain disruptions, decreased consumer spending, and closures during the pandemic. It accounts for 48%…

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