MSME

Invoice Bazaar, a Triterras Company, Collaborates with Cari to provide Working Capital Solutions to Restaurants

Retrieved on: 
Tuesday, January 23, 2024
Growth, MSME, Partnership, Restaurant, Cari, Invoice, Drug

This agreement marks a significant step forward in empowering restaurants on Cari's network with tailored working capital financing solutions through Invoice Bazaar’s innovative supply chain finance platform, KRATOS™.

Key Points: 
  • This agreement marks a significant step forward in empowering restaurants on Cari's network with tailored working capital financing solutions through Invoice Bazaar’s innovative supply chain finance platform, KRATOS™.
  • This alliance seamlessly aligns with Invoice Bazaar’s commitment to fostering economic growth and supporting businesses through accessible financial services.
  • Utilizing its expertise in factoring and forfaiting services, Invoice Bazaar is poised to deliver distinctive working capital solutions to restaurants affiliated with Cari.
  • "We are thrilled to join forces with Cari to extend our working capital financing solutions to clients within their dynamic network," said Ashish Srivastava, Chief Commercial Officer at Triterras.

Global Enterprise Servers Market Outlook Report, Featuring IBM, Hewlett Packard, Dell, Inspur & Lenovo

Retrieved on: 
Monday, January 22, 2024
MSME, Memory, ICT, BFSI, Growth, Video game

The global enterprise servers market research report provides an executive-level overview of the current servers market worldwide, with detailed forecasts of key indicators up to 2027.

Key Points: 
  • The global enterprise servers market research report provides an executive-level overview of the current servers market worldwide, with detailed forecasts of key indicators up to 2027.
  • The global enterprise servers market size was pegged at $100 billion in 2022.
  • Enterprise servers market would see the majority share of its revenue come from low-end servers segment over the forecast period.
  • It helps the reader to understand the enterprise servers market landscape, the recent trends, drivers, and challenges/inhibitors shaping the enterprise servers market.

Finance Minister and Minister of State for Electronics & IT Unveil the next chapter of India's Technological transformation at DATE 2023

Retrieved on: 
Monday, November 27, 2023
Online, Entrepreneurship, Invention, Sustainability, Information technology, Fintech, Data aggregation, SMT, Kotak Mahindra Bank, Atmosphere, Zoho Corporation, Federation, Blockchain, Digital India, Trust, MSME, Digital marketing, Robotics, OneLogin, World cup, Yuva Unstoppable, Safety, Economic growth, Coin, Digital, Tally, AI, Internet of things, Data, Maharaja, Artificial intelligence, Economic Advisory Council, TiE, Partnership, Government, School, Woman, The Honourable, Investment, Child, Cryptocurrency

NEW DELHI, Nov 27, 2023 - (ACN Newswire) - India's newest & already being celebrated as the most impactful Digital Acceleration and Transformation Expo (DATE) was inaugurated by the Honourable Finance Minister Smt.

Key Points: 
  • NEW DELHI, Nov 27, 2023 - (ACN Newswire) - India's newest & already being celebrated as the most impactful Digital Acceleration and Transformation Expo (DATE) was inaugurated by the Honourable Finance Minister Smt.
  • The organizers' understanding and collaboration with diverse partners have brought this expo to Delhi, ensuring two impactful days for those keen in this field.
  • Highlighting the impact of DATE, Shri Wadiyar said, "We extend our gratitude & sincere appreciation to Honourable Finance Minister, Smt.
  • Nirmala Sitharaman, and Honourable Minister of State, Electronics and Information Technology, Shri Rajeev Chandrasekhar for gracing DATE with their presence and invaluable insights.

PINTEC ANNOUNCES UNAUDITED FINANCIAL RESULTS FOR THE FIRST HALF OF 2023

Retrieved on: 
Thursday, December 28, 2023
VIE, ADS, Marketing, Ecosystem, Annual report, Partnership, MSME, Collection, Translation, RMB, Income tax, Research, Uncertainty, Bank statement, USD, Insurance, SME, H.10, Investment, Creditor, Net, Pressure, Development, Cryptocurrency

Total revenues decreased by 11.89% to RMB35.09 million (US$4.86 million) for the first half of 2023 from RMB39.82 million for the same period of 2022.

Key Points: 
  • Total revenues decreased by 11.89% to RMB35.09 million (US$4.86 million) for the first half of 2023 from RMB39.82 million for the same period of 2022.
  • The decrease in revenues from installment service fee was mainly due to the decrease in volume of SMEs loans in the first half of 2023.
  • Cost of revenues increased by 59.90% to RMB30.88 million (US$4.27million) for the first half of 2023 from RMB19.31 million for the same period of 2022.
  • We had service cost charge by the related party of RMB0.03 million and nil for the first half of 2022 and 2023, respectively.

Triterras Collaborates with Oman-Based Mamun

Retrieved on: 
Monday, December 18, 2023
Growth, Entrepreneurship, MSME, Food

This collaboration harnesses Triterras' technological expertise and leverages Mamun's experience in Oman's financial services sector.

Key Points: 
  • This collaboration harnesses Triterras' technological expertise and leverages Mamun's experience in Oman's financial services sector.
  • The collaboration will also enable Triterras to offer the KRATOSTM financing platform to banks in Oman on a white-label basis.
  • As part of the alliance, Triterras will introduce eDirect Debit, a direct debit payment technology developed by Mamun, in the UAE.
  • “We are excited to witness the expansion of our eDirect Debit technology into the UAE through our collaboration with Triterras,” said Mohammed Al Tamami, Co-Founder and Chief Commercial Officer, at Mamun.

DeSME - A New Way of Bridging DeFi with MSME Businesses and Combat Crypto Volatility

Retrieved on: 
Tuesday, December 12, 2023
Bitcoin, Investment, Non-fungible token, Ecosystem, Tokenization, Defi, MSME, NFT, Traction, Cryptocurrency

DeSME launched on September 18, 2023, and has already gained traction in the market, partnering with three small businesses, one of which is already generating sales.

Key Points: 
  • DeSME launched on September 18, 2023, and has already gained traction in the market, partnering with three small businesses, one of which is already generating sales.
  • DeSME emerges as a DeFi solution for crypto enthusiasts seeking more reliable investment opportunities.
  • As a result, DeSME aims to “decryptoise” the users’ returns by enabling them to enter the real-world MSME sector worth $1.15692 trillion.
  • This innovative approach sets DeSME apart from other projects in the field, positioning it as a promising player in the DeFi landscape.

President Jokowi Applauds BRI's Empowerment of MSMEs at the UMKM EXPO(RT) BRILIANPRENEUR 2023

Retrieved on: 
Friday, December 8, 2023
Ministry, 128th, Edhi Sunarso, Jakarta Convention Center, Food, GDP, BBRI, Multimedia, Coffee, Ecosystem, SME, USD, MSME, IDX, Fashion, Speech, BRI, Cooperative, Economic development, Drug, Video game, PNM

(IDX: BBRI) marked its 128th anniversary with the UMKM EXPO(RT) BRILIANPRENEUR 2023, inaugurated by Indonesia's President, Joko Widodo (Jokowi), at the Jakarta Convention Center from December 7 to 10.

Key Points: 
  • (IDX: BBRI) marked its 128th anniversary with the UMKM EXPO(RT) BRILIANPRENEUR 2023, inaugurated by Indonesia's President, Joko Widodo (Jokowi), at the Jakarta Convention Center from December 7 to 10.
  • In his speech, President Jokowi applauded BRI's commitment to empowering Indonesian MSMEs.
  • I applaud this event for showcasing high-quality products and recognize BRI's pivotal role in connecting MSMEs with buyers," stated President Jokowi.
  • "Through UMKM EXPO(RT) BRILIANPRENEUR 2023, we aspire to provide a positive and extensive impact on the progress and development of the capacity and quality of Indonesian MSMEs."

Inaugurating the UMKM EXPO(RT) BRILIANPRENEUR 2023, President Joko Widodo Applauds BRI's Support in Advancing MSMEs

Retrieved on: 
Friday, December 8, 2023
Digital Planet, Empowerment, 128th, Food, MSME, Digital, Jakarta Convention Center, Fashion, Exhibition, Go International, BRI, Growth, JCC, Tourism, Video game

JAKARTA, Indonesia, Dec. 8, 2023 /PRNewswire/ -- Indonesian President, Joko Widodo, graced the inauguration of BRI's UMKM EXPO(RT) BRILIANPRENEUR 2023, held at the Jakarta Convention Center (JCC) on December 7, 2023.

Key Points: 
  • JAKARTA, Indonesia, Dec. 8, 2023 /PRNewswire/ -- Indonesian President, Joko Widodo, graced the inauguration of BRI's UMKM EXPO(RT) BRILIANPRENEUR 2023, held at the Jakarta Convention Center (JCC) on December 7, 2023.
  • Under the theme "Crafting Global Connection," 700 MSMEs participated in the three-day event, marking the prestigious 5th edition of this expo.
  • With BRI's support, MSMEs displaying strong performance reflect positively on real business activities within society, fostering economic growth.
  • The BRI UMKM EXPO(RT) BRILIANPRENEUR 2023 endeavors to connect Indonesian MSMEs with global markets, nurturing their expansion and bolstering national exports.

Inaugurating the UMKM EXPO(RT) BRILIANPRENEUR 2023, President Joko Widodo Applauds BRI's Support in Advancing MSMEs

Retrieved on: 
Friday, December 8, 2023
Digital Planet, Empowerment, 128th, Food, Multimedia, MSME, Digital, Jakarta Convention Center, Fashion, Exhibition, Go International, BRI, Growth, JCC, Tourism, Video game

JAKARTA, Indonesia, Dec. 8, 2023 /PRNewswire/ -- Indonesian President, Joko Widodo, graced the inauguration of BRI's UMKM EXPO(RT) BRILIANPRENEUR 2023, held at the Jakarta Convention Center (JCC) on December 7, 2023.

Key Points: 
  • JAKARTA, Indonesia, Dec. 8, 2023 /PRNewswire/ -- Indonesian President, Joko Widodo, graced the inauguration of BRI's UMKM EXPO(RT) BRILIANPRENEUR 2023, held at the Jakarta Convention Center (JCC) on December 7, 2023.
  • Under the theme "Crafting Global Connection," 700 MSMEs participated in the three-day event, marking the prestigious 5th edition of this expo.
  • With BRI's support, MSMEs displaying strong performance reflect positively on real business activities within society, fostering economic growth.
  • The BRI UMKM EXPO(RT) BRILIANPRENEUR 2023 endeavors to connect Indonesian MSMEs with global markets, nurturing their expansion and bolstering national exports.

Gogoro is First Foreign Two-wheel Vehicle OEM and Battery Swapping Provider to be Recognized by the Small Industries Development Bank of India (SIDBI)

Retrieved on: 
Wednesday, November 29, 2023
Factories Act, 1948 (India), EVS, Parliament, CO2, City, MSME, OEM, EV, GGR, SIDBI

DELHI, India, Nov. 29, 2023 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, today announced it has been recognized by the Small Industries Development Bank of India (SIDBI) as an empaneled OEM making its registered vehicles eligible for SIDBI's EV financing programs. The announcement was made at the Micro, Small & Medium Enterprises (MSME) & Start-up Stakeholder Consultation Meeting, organized by SIDBI in Delhi that engaged more than 350 start-ups.

Key Points: 
  • "SIDBI's "50K-EV4ECO" flagship mission is to foster electric vehicle adoption across India," said Dr. R. K Singh, Chief General Manager of SIDBI.
  • Initiatives like this help two-wheel EV buyers and fleet operators secure financial assistance at better terms to adopt Gogoro vehicles and battery swapping."
  • This initiative makes Gogoro the first global electric two-wheel OEM and the first battery-swapping player to qualify for empanelment with SIDBI.
  • With more than 400,000 daily battery swaps and more than 500 million total battery swaps to date, Gogoro Network battery swapping has saved more than 770,000 tons of CO2 since it launched.