MSME & Startups Forum - Bharat

CyberTAN Technology Launches CyberWiFi Small and Medium-Sized Business Network Products

Retrieved on: 
Tuesday, October 31, 2023

HSINCHU, Oct. 31, 2023 /PRNewswire/ -- CyberTAN Technology, a world leading manufacturer of wireless broadband network equipment, today announced the launch of its CyberWiFi cloud network product series, making a proactive entry into the small and medium-sized enterprise market. CyberWiFi SMB solutions include Controller, Indoor Wall Mount Access Point, Indoor Ceiling Mount Access Point, Managed Switch, and Outdoor Long Range Fixed Wireless Access Point. Combined with their in-house developed cloud platform and management features, these offerings provide an excellent and cost-effective network solution for small and medium-sized enterprises, factories, SI vendors, featuring cloud-based intelligent management.

Key Points: 
  • CyberTAN Technology CEO& Chairman, Gwong Lee, stated that, according to United Nations statistics, Micro, Small, and Medium-Sized Enterprises (MSMEs) account for 90% of the total global businesses, highlighting the continued importance of the small and medium-sized enterprise market.
  • The CyberWiFi SMB solutions are tailored for small and medium-sized enterprises, factories, and schools, particularly those struggling with limited IT resources or having multiple locations.
  • It helps expedite their network setup and enables centralized cloud-based control of all networks.
  • We will also expand and incorporate additional products such as Voice over IP Phones (VoIP Phones) and Security Cameras.

SIMAD iLab Unveils a New Executive Arena to Bolster Somalia's Innovation Ecosystem

Retrieved on: 
Monday, October 16, 2023

Mogadishu, Somalia--(Newsfile Corp. - October 16, 2023) - In a significant move to foster innovation and entrepreneurship in Somalia, SIMAD University announces the expansion of its flagship tech hub, SIMAD iLab .

Key Points: 
  • Mogadishu, Somalia--(Newsfile Corp. - October 16, 2023) - In a significant move to foster innovation and entrepreneurship in Somalia, SIMAD University announces the expansion of its flagship tech hub, SIMAD iLab .
  • Over the past five years, SIMAD iLab has made significant strides in the innovation sector.
  • ● Creative Digital Studio: Equipped with the latest technology, this space is dedicated to nurturing creativity and storytelling within Somalia's innovation ecosystem.
  • ● Executive Space: A convergence point for civil servants and private sector leaders to synergize and foster an inclusive innovation ecosystem.

Blockchain Technology Reshaping Financial Services: Key Trends and Drivers in the FinTech Industry

Retrieved on: 
Tuesday, October 10, 2023

As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?

Key Points: 
  • As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
    COVID-19 Outbreak Impacts Blockchain Industry: % Change in Spending by Emerging Technologies for the Period May-Jun Vs Mar-Apr 2021
    Top Technology Investments in BFSI Sector: 2021
    Blockchain Promises to Improve Transparency, Security, Immutability & Accessibility of Systems & Processes for Financial Services
    Post Pandemic Focus of Banks on Digital Transformation to Benefit Blockchain Adoption: % of Organizations Citing Priority for 2020
    The Large Unbanked Population and Focus on their Financial Inclusion to Stimulate Blockchain Deployments: Unbanked Population as a % of Total Population by Region for the Year 2020
    With Online Banking Fraud Losses On the Rise, Blockchain Holds Potential to Offer Superior Security Benefits: Cumulative Global Online Fraud (In US$ Billion) Between 2020 to 2024 by Region
    Decentralized Finance (DeFi) to Bridge the Huge SME Financing Gap to Boost Blockchain Adoption: World Formal MSMEs Finance Gap (in $ Billion) by Region
    As FinTech Disrupts Insurance Sector, Blockchain Technology Poised for Growth
    As the Underlying Technology of Digital Currencies, Expanding Cryptocurrency Market Presents Opportunity for FinTech Blockchain
    Following the Big Turnaround in 2020, the Year 2021 Continues to Promise Growth for Cryptocurrency Market
    While the World Economy Struggles Amidst the COVID-19 Pandemic, Flourishing Cryptocurrency Surprises One and All
    Which are the Top Cryptocurrencies Worldwide?
  • Top Cryptocurrencies Worldwide by Market Capitalization ($ Million) as of Aug 30, 2021
    Most Expensive Cryptocurrencies Worldwide: Ranked by Price (in $) as of Aug 30, 2021
    As the Newer Breed of Blockchain-based Crypto Coins, Stablecoins Continues to Strengthen
    With Cryptocurrencies Outperforming Major Asset Classes, Institutional Interest Continues to Rise: % Growth of Cryptocurrencies Vs Other Asset Classes for 2020
    Global Cross-Border Payments Flow (in US$ Billion) for 2019, 2021 and 2023
    Capital Markets: Blockchain to Resolve with Data Duplication, Reconciliation Errors and Settlement Delays

Risk Advisory Service Market to Reach $448.9 Billion, Globally, by 2032 at 14.8% CAGR: Allied Market Research

Retrieved on: 
Tuesday, October 10, 2023

PORTLAND, Ore. , Oct. 10, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Risk Advisory Service Market by Type (Operational Risk, Financial Risk, Compliance and Regulatory Risk, and Others), Organization Size (Large Enterprises and Small and Medium-sized Enterprises), and Industry Vertical (BFSI, IT and Telecom, Healthcare, Retail, and E-commerce, Government and Public Sector, Manufacturing, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2032." According to the report, the global risk advisory service industry generated $115.8 billion in 2022 and is anticipated to generate $448.9 billion by 2032, witnessing a CAGR of 14.8% from 2023 to 2032.

Key Points: 
  • This led to a surge in demand for risk advisory services, as companies sought expert guidance to navigate these uncertain times.
  • However, as the pandemic continued, some businesses faced financial constraints and reduced their spending on consulting services, including risk advisory.
  • Based on type, the operational risk segment held the highest market share in 2022, accounting for more than two-fifths of the global risk advisory service market revenue and is estimated to maintain its leadership status throughout the forecast period.
  • Based on region, North America held the highest market share in terms of revenue in 2022, accounting for more than one-third of the global risk advisory service market revenue.

Risk Advisory Service Market to Reach $448.9 Billion, Globally, by 2032 at 14.8% CAGR: Allied Market Research

Retrieved on: 
Tuesday, October 10, 2023

PORTLAND, Ore., Oct. 10, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Risk Advisory Service Market by Type (Operational Risk, Financial Risk, Compliance and Regulatory Risk, and Others), Organization Size (Large Enterprises and Small and Medium-sized Enterprises), and Industry Vertical (BFSI, IT and Telecom, Healthcare, Retail, and E-commerce, Government and Public Sector, Manufacturing, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2032." According to the report, the global risk advisory service industry generated $115.8 billion in 2022 and is anticipated to generate $448.9 billion by 2032, witnessing a CAGR of 14.8% from 2023 to 2032.

Key Points: 
  • This led to a surge in demand for risk advisory services, as companies sought expert guidance to navigate these uncertain times.
  • However, as the pandemic continued, some businesses faced financial constraints and reduced their spending on consulting services, including risk advisory.
  • Based on type, the operational risk segment held the highest market share in 2022, accounting for more than two-fifths of the global risk advisory service market revenue and is estimated to maintain its leadership status throughout the forecast period.
  • Based on region, North America held the highest market share in terms of revenue in 2022, accounting for more than one-third of the global risk advisory service market revenue.

Global Microlending Market Report 2023: Market is Expected to Reach $304.87 Bllion in 2027 at a CAGR of 12.3% - Long-term Forecast to 2032 - ResearchAndMarkets.com

Retrieved on: 
Monday, October 2, 2023

The global microlending market is experiencing robust growth, with projections indicating substantial expansion in the coming years.

Key Points: 
  • The global microlending market is experiencing robust growth, with projections indicating substantial expansion in the coming years.
  • Looking ahead, the microlending market is poised to reach $304.87 billion by 2027, driven by a CAGR of 12.3%.
  • For industry participants and stakeholders, the microlending market research report offers comprehensive insights and statistics.
  • This report encompasses the global market size, regional market shares, competitor analysis, detailed market segments, emerging trends, and opportunities, providing essential data for success in the microlending sector.

The Commonwealth of Dominica offers South African viable growth opportunities

Retrieved on: 
Friday, September 29, 2023

The Commonwealth of Dominica offers a Programme for South African businesspersons to grow and succeed.

Key Points: 
  • The Commonwealth of Dominica offers a Programme for South African businesspersons to grow and succeed.
  • South African entrepreneur Athi Rwexu's journey from local startup founder to global success story highlights the challenges faced by small businesses in South Africa.
  • South Africa's tax policies and business regulations often hinder the growth of startups, pushing them to explore more conducive environments abroad.
  • CBI programmes, commonly offered by several Caribbean nations, present an appealing opportunity for South African small business owners seeking stability and growth.

Global Microlending Market Report 2023-2027 & 2032 Featuring Key Players - Accion International, Bajaj Finserv, Bandhan Bank, BlueVine, & Equitas Small Finance Bank

Retrieved on: 
Tuesday, September 19, 2023

DUBLIN, Sept. 18, 2023 /PRNewswire/ -- The global microlending market is experiencing robust growth, with projections indicating substantial expansion in the coming years. In 2022, the market reached a valuation of $168.89 billion, and it is expected to further increase to $191.86 billion in 2023, reflecting a remarkable compound annual growth rate (CAGR) of 13.6%. Looking ahead, the microlending market is poised to reach $304.87 billion by 2027, driven by a CAGR of 12.3%.

Key Points: 
  • Looking ahead, the microlending market is poised to reach $304.87 billion by 2027, driven by a CAGR of 12.3%.
  • For industry participants and stakeholders, the microlending market research report offers comprehensive insights and statistics.
  • This report encompasses the global market size, regional market shares, competitor analysis, detailed market segments, emerging trends, and opportunities, providing essential data for success in the microlending sector.
  • The rising demand for micro-lending services among various end-users, particularly micro-enterprises and small enterprises, is expected to be a key driver of market growth.

KKR to Invest ₹ 2,069.50 Crore in Reliance Retail Ventures Limited at an Equity Value of ₹ 8.361 Lakh Crore; to Increase Equity Stake From 1.17% to 1.42%

Retrieved on: 
Monday, September 11, 2023

Reliance Retail Ventures Limited (“RRVL”) announced today that global investment firm KKR, through an affiliate, will invest ₹ 2,069.50 crore into RRVL, a subsidiary of Reliance Industries.

Key Points: 
  • Reliance Retail Ventures Limited (“RRVL”) announced today that global investment firm KKR, through an affiliate, will invest ₹ 2,069.50 crore into RRVL, a subsidiary of Reliance Industries.
  • This investment values RRVL at a pre-money equity value of ₹ 8.361 lakh crore, which makes it among the top four companies by equity value in the country.
  • Ms Isha Mukesh Ambani, Director, Reliance Retail Ventures Limited, said, “We are pleased to receive continued support from KKR as an investor in Reliance Retail Ventures Limited.
  • Morgan Stanley acted as financial advisor to Reliance Retail Ventures Limited and Cyril Amarchand Mangaldas and Davis Polk & Wardwell acted as legal counsels.

Titan Partners with Team Internet (Formerly CentralNic) to Offer Business Email

Retrieved on: 
Tuesday, September 12, 2023

Titan , a leading business email service provider, announced a strategic partnership with the Team Internet Group (TIG) formerly CentralNic, a leading global internet solutions company.

Key Points: 
  • Titan , a leading business email service provider, announced a strategic partnership with the Team Internet Group (TIG) formerly CentralNic, a leading global internet solutions company.
  • Initially, Titan's business email will be available through Team Internet’s flagship retail brand, OnlyDomains , which helps individuals, MSMEs, and SMEs build an online presence.
  • The core offering of this partnership is a premium business email trial with every domain at OnlyDomains.
  • Offering our premium business email free with every domain simplifies the journey for businesses," said Bhavin Turakhia, CEO of Titan.