MSME & Startups Forum - Bharat

Asia's private market exchange ADDX plans expansion in key MENA markets to serve private enterprises seeking financing

Retrieved on: 
Wednesday, September 13, 2023
Money, Business development, Private sector, IPO, GCC, Seatown, Stock, Development Bank of Japan, Business, Singapore Exchange, Stock exchange, UOB, Monetary Authority of Singapore, Partners Group, Tokai Tokyo Financial Holdings, Web 3.0, KB Financial Group, Development finance institution, MSME & Startups Forum - Bharat, KB, Artificial intelligence, Growth, Gulf Cooperation Council, Cryptocurrency, Security (finance), Drug, Temasek, Investcorp, Singtel

SINGAPORE, Sept. 13, 2023 /PRNewswire/ -- Singapore-headquartered ADDX is looking to expand its private market exchange platform into the Gulf Cooperation Council (GCC) and Middle East/North Africa (MENA) markets in a bid to drive a more efficient allocation of strategic growth capital and bridge the gap between private companies seeking financing and capital providers.

Key Points: 
  • These enterprises are expected to play an essential role in developing strategic sectors and sustainable economic growth across the region.
  • The company is regulated in Singapore, which is recognized for instituting some of the most rigorous regulatory standards in the world.
  • Asset classes available on ADDX include private equity, hedge funds, venture capital, private credit, real estate, debt and structured products.
  • The private market exchange has built a fully digital infrastructure for its regulated platform, with more than 60% of investment subscriptions happening via its mobile app.

Asia's private market exchange ADDX plans expansion in key MENA markets to serve private enterprises seeking financing

Retrieved on: 
Wednesday, September 13, 2023
Money, Business development, Private sector, IPO, GCC, Seatown, Stock, Development Bank of Japan, Business, Singapore Exchange, Stock exchange, UOB, Multimedia, Monetary Authority of Singapore, Partners Group, Tokai Tokyo Financial Holdings, Web 3.0, KB Financial Group, Development finance institution, MSME & Startups Forum - Bharat, KB, Artificial intelligence, Growth, Gulf Cooperation Council, Cryptocurrency, Security (finance), Drug, Temasek, Investcorp, Singtel

SINGAPORE, Sept. 13, 2023 /PRNewswire/ -- Singapore-headquartered ADDX is looking to expand its private market exchange platform into the Gulf Cooperation Council (GCC) and Middle East/North Africa (MENA) markets in a bid to drive a more efficient allocation of strategic growth capital and bridge the gap between private companies seeking financing and capital providers.

Key Points: 
  • These enterprises are expected to play an essential role in developing strategic sectors and sustainable economic growth across the region.
  • The company is regulated in Singapore, which is recognized for instituting some of the most rigorous regulatory standards in the world.
  • Asset classes available on ADDX include private equity, hedge funds, venture capital, private credit, real estate, debt and structured products.
  • The private market exchange has built a fully digital infrastructure for its regulated platform, with more than 60% of investment subscriptions happening via its mobile app.

BRI Readies to Expand Financial Portfolio as Indonesia's Minister of State-Owned Enterprises Promotes Sustainable Financing at AIPF 2023

Retrieved on: 
Wednesday, September 6, 2023
Green bond, Climate, IDR, BRI, Partnership, United Nations, Ursa Minor, ASEAN, Speech, BBRI, AIPF, IDX, PT, PNM, Green affordable housing, MSME & Startups Forum - Bharat, ESG, Ministry of Micro, Small and Medium Enterprises, Micro, Renewable energy, Small

(IDX: BBRI) is actively supporting initiatives at the ASEAN Indo-Pacific Forum (AIPF) 2023 by promoting sustainable financing and aiding Micro, Small, and Medium Enterprises (MSMEs).

Key Points: 
  • (IDX: BBRI) is actively supporting initiatives at the ASEAN Indo-Pacific Forum (AIPF) 2023 by promoting sustainable financing and aiding Micro, Small, and Medium Enterprises (MSMEs).
  • Three key issues have been addressed: green infrastructure and supply chains, digital transformation, and the creative economy, as well as sustainable financing," stated Erick Thohir, Indonesia's Minister of State-Owned Enterprises.
  • BRI's President Director, Sunarso, revealed that BRI has embraced digital transformation as a strategy to create innovative financial products and services.
  • This accomplishment solidifies BRI's position as Indonesia's foremost sustainable bank, with the country's largest sustainable finance portfolio.

BRI Readies to Expand Financial Portfolio as Indonesia's Minister of State-Owned Enterprises Promotes Sustainable Financing at AIPF 2023

Retrieved on: 
Wednesday, September 6, 2023
Green bond, Climate, IDR, BRI, Partnership, United Nations, Ursa Minor, ASEAN, Speech, BBRI, AIPF, IDX, PT, PNM, Multimedia, Green affordable housing, MSME & Startups Forum - Bharat, ESG, Small and medium enterprises in Mexico, Micro, Renewable energy, Small

(IDX: BBRI) is actively supporting initiatives at the ASEAN Indo-Pacific Forum (AIPF) 2023 by promoting sustainable financing and aiding Micro, Small, and Medium Enterprises (MSMEs).

Key Points: 
  • (IDX: BBRI) is actively supporting initiatives at the ASEAN Indo-Pacific Forum (AIPF) 2023 by promoting sustainable financing and aiding Micro, Small, and Medium Enterprises (MSMEs).
  • Three key issues have been addressed: green infrastructure and supply chains, digital transformation, and the creative economy, as well as sustainable financing," stated Erick Thohir, Indonesia's Minister of State-Owned Enterprises.
  • BRI's President Director, Sunarso, revealed that BRI has embraced digital transformation as a strategy to create innovative financial products and services.
  • This accomplishment solidifies BRI's position as Indonesia's foremost sustainable bank, with the country's largest sustainable finance portfolio.

Supporting AIPF 2023's Strategic Vision, BRI Strengthens Its Position as a Leading Force in Sustainable Finance with Over IDR 732.3T in ESG Loans

Retrieved on: 
Tuesday, September 5, 2023
IDR, Communication, BRI, BBRI, AIPF, IDX, MSME, Rumah, Entrepreneurship, MSME & Startups Forum - Bharat, Biophysical environment, Enterprise, Financial inclusion, Growth, ESG, Social, National Institute of Micro, Small and Medium Enterprises, Financial management, Empowerment, Conference, Renewable energy, Bank, Edhi Sunarso, Small

A remarkable 67.2% of its credit portfolio is now dedicated to ESG (Environmental, Social and Governance)-based lending.

Key Points: 
  • A remarkable 67.2% of its credit portfolio is now dedicated to ESG (Environmental, Social and Governance)-based lending.
  • This commitment has positioned BRI as a key player in discussions at ASEAN Indo Pacific Forum (AIPF) on September 5-6, 2023, in Jakarta, Indonesia.
  • BRI's President Director, Sunarso, highlighted that the integration of ESG-based loans is an ongoing effort within the company's business and operations.
  • The total ESG-based credit portfolio held by BRI further solidifies its position as a front-runner in sustainable banking in Indonesia, making it the largest sustainable finance portfolio holder in the country.

Supporting AIPF 2023's Strategic Vision, BRI Strengthens Its Position as a Leading Force in Sustainable Finance with Over IDR 732.3T in ESG Loans

Retrieved on: 
Tuesday, September 5, 2023
IDR, Communication, BRI, BBRI, AIPF, IDX, MSME, Rumah, Multimedia, Entrepreneurship, MSME & Startups Forum - Bharat, Biophysical environment, Enterprise, Financial inclusion, Growth, ESG, Social, National Institute of Micro, Small and Medium Enterprises, Financial management, Empowerment, Conference, Renewable energy, Bank, Online shopping, Edhi Sunarso, Small

A remarkable 67.2% of its credit portfolio is now dedicated to ESG (Environmental, Social and Governance)-based lending.

Key Points: 
  • A remarkable 67.2% of its credit portfolio is now dedicated to ESG (Environmental, Social and Governance)-based lending.
  • This commitment has positioned BRI as a key player in discussions at ASEAN Indo Pacific Forum (AIPF) on September 5-6, 2023, in Jakarta, Indonesia.
  • BRI's President Director, Sunarso, highlighted that the integration of ESG-based loans is an ongoing effort within the company's business and operations.
  • The total ESG-based credit portfolio held by BRI further solidifies its position as a front-runner in sustainable banking in Indonesia, making it the largest sustainable finance portfolio holder in the country.

Beyond Capital Ventures Invests in Zanifu, Revolutionizing MSME Financing in Africa

Retrieved on: 
Tuesday, August 29, 2023
Partnership, Capital, Central bank, BCV, General partnership, MSME, GLV/BCV, Acquisition, Growth, Microenterprise Education Initiative, Small and medium enterprises in Mexico, Bank, DALLAS, African, MSME & Startups Forum - Bharat

DALLAS, Aug. 24, 2023 /PRNewswire-PRWeb/ -- Beyond Capital Ventures (BCV), a leading diversified emerging markets venture capital firm, is proud to announce its recent investment in Zanifu, a financial services platform empowering small retailers in Africa. The investment highlights BCV's commitment to fostering sustainable growth and creating positive social impact in East Africa.

Key Points: 
  • Beyond Capital Ventures (BCV) has invested in Zanifu, a financial services platform supporting small retailers in Africa by addressing the financing gap for microenterprises.
  • DALLAS, Aug. 24, 2023 /PRNewswire-PRWeb/ -- Beyond Capital Ventures (BCV), a leading diversified emerging markets venture capital firm, is proud to announce its recent investment in Zanifu , a financial services platform empowering small retailers in Africa.
  • The investment highlights BCV's commitment to fostering sustainable growth and creating positive social impact in East Africa.
  • BCV is proud to collaborate with Zanifu in creating new opportunities for small retailers and driving economic progress in Africa.

B20 and C2FO Collaborate on Solutions for Micro, Small and Medium-Sized Businesses

Retrieved on: 
Tuesday, August 29, 2023
BIAC, Kemper, Employment, United Nations, CFA, International Finance Corporation, Face, C2FO, Reserve Bank of India, Policy, SME, Business, OECD, Kelly Ward, Research, McKinsey & Company, Gross domestic product, GDP, MSME & Startups Forum - Bharat, United, Reserve Bank, National Platform Open Science, Bank of Italy, G20, Growth, Bank, B20, Cryptocurrency

KANSAS CITY, Mo., Aug. 29, 2023 /PRNewswire-PRWeb/ -- C2FO, the world's on-demand working capital platform, is proud to announce its collaboration with the Business 20 (B20) and inclusion in a major policy paper published at the 2023 B20 meeting in New Delhi, India. The B20 is the official dialogue forum between the global business community and the G20, the key forum for intergovernmental leaders around the globe. The paper addresses the challenges micro, small and medium-sized enterprises (MSMEs) face in accessing working capital and provides global leaders with actionable recommendations for achieving sustainability targets with inclusive long-term employment and economic growth.

Key Points: 
  • The B20 is the official dialogue forum between the global business community and the G20, the key forum for intergovernmental leaders around the globe.
  • In addition to C2FO's work with the B20, the company is an active member of the SME Finance Forum.
  • As a member of this global network, C2FO engages in dialogue about policy changes to promote SME financing worldwide.
  • C2FO remains committed to ensuring every business has access to the capital it needs to thrive.

B20 India Summit: MSMEs Need Access to Funding and Technology to Accelerate Energy Transition

Retrieved on: 
Friday, August 25, 2023
Energi, Employment, CBDR, BNEF, Senior, Carbon, Sustainable Development Goal 7, MSME, Capital, USD, Sustainable Development Goals, Natural Resources, Oki, GDP, Developed country, MSME & Startups Forum - Bharat, Biophysical environment, ESG, Social, Corporate communication, National Medal of Technology and Innovation, Common, Renewable energy

Thus, access to funding and technology is necessary for MSMEs to fully perform their roles as providers of community needs and job opportunities, enabling rural communities to increase their income.

Key Points: 
  • Thus, access to funding and technology is necessary for MSMEs to fully perform their roles as providers of community needs and job opportunities, enabling rural communities to increase their income.
  • Oki Muraza, Senior Vice President, Research & Technology Innovation at PT Pertamina (L), during the Sustainability Summit B20 held in New Delhi, India (8/24).
  • "The challenge lies in providing capital or funding and technology access to MSMEs, allowing them to effectively contribute to the energy transition and benefit both the community and corporations," said Oki.
  • Oki explained that by involving MSMEs in this energy transition, Indonesia aims to combine international aid, creating job opportunities for the public and benefiting companies in expediting the energy transition.

GoLogiq Plans to Acquire Swedish Fintech Company, Fram Venture 7, and its Vietnamese SME-Lending Platform, DragonLend

Retrieved on: 
Thursday, August 17, 2023
HO, Nasdaq First North, Fintech, Small business, FRAM, Lazada, SME, Recruitment, MSME, World Bank, Sale, Gross domestic product, Acquisition, GDP, COVID-19, Developed country, MSME & Startups Forum - Bharat, OTC, Growth, Letter, Bank, Cryptocurrency, Ali Baba

The acquisition includes all of Fram Venture 7’s equity interest in its wholly-owned subsidiary, DragonLend , a lending platform for profitable small and medium-sized enterprises (SME) in Vietnam.

Key Points: 
  • The acquisition includes all of Fram Venture 7’s equity interest in its wholly-owned subsidiary, DragonLend , a lending platform for profitable small and medium-sized enterprises (SME) in Vietnam.
  • The acquisition is expected to complement GoLogiq’s existing fintech ecosystem, which encompasses a range of financial services, from payroll services to retirement investing.
  • DragonLend provides short-term (three to six months) working capital finance solutions to profitable Vietnamese SMEs.
  • Under the terms of the letter of intent, GoLogiq will acquire 100% of Fram Venture 7 and secure employment agreements with management.