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SIDBI INITIATIVES
After deeptech firms, expect RDIF rollout for Indian VCs soonLast month, close to 20 Indian investors, which included Ideaspring Capital, Speciale Invest, Chiratae Ventures, Sixth Sense Ventures, and ...
Nandan Nilekani's Fundamentum bets big on AI, deeptech with Rs 3,000 crore purseFundamentum Partnership has launched F2A, a Rs 3,000 crore frontier-tech investment platform focused on AI and deeptech startups. The firm ...
FM Sitharaman launches key SIDBI initiatives for MSME growthThese include portals for credit delivery to rural areas and machinery access for MSMEs, alongside a program to modernize rural enterprises...
Corporates temper bond issues with yields on rise nowCorporate borrowing costs are rising again after a brief dip in mid-April, driven by concerns over the West Asia conflict impacting oil pri...
DPIIT issues operational guidelines for Rs 10,000 crore Startup India Fund of Funds 2.0 schemeThe Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has issued the operational guidelin...
MSME Ministry showcases PM Vishwakarma’s transformative livelihood impact at Civil Services Day sessionDr Rajneesh, Additional Secretary & Development Commissioner, MSME, moderated the session and outlined the scheme’s vision and digital, pap...
As India's MSME sector matures, IDBI Bank's Sumit Phakka says the lending framework must keep paceIndia's small businesses are now driving economic growth. New government budgets are boosting MSME financing and support. Digital tools are...
SIDBI and AFD sign $100M agreement to boost green finance for MSMEsThis initiative aims to enhance sustainable growth by providing affordable financing for energy-efficient technologies and climate-friendly...
SIDBI boosts indigenous brass and bell metal industry in AssamSIDBI, in association with the Youthcove Foundation, is aiding Assam's Brass and Bell Metal industry. They organized an outreach programme ...
Sidbi to revamp India Microfinance Equity FundThe Small Industries Development Bank of India (Sidbi) is working on revamping the India Microfinance Equity Fund (IMEF), which failed to t...
SIDBI, ONDC ink MoU to accelerate e-commerce for small industriesThe MoU, signed by Sivasubramanian Ramann, CMD, SIDBI and T Koshy, MD&CEO, ONDC, provides for several collaborative efforts by SIDBI and ON...
SIDBI joins hands with Meghalaya govt to develop MSME ecosystemUnder the MoU, SIDBI and the state government will work closely to facilitate the development of the MSME ecosystem in Meghalaya.
SIDBI hands over Rs 350 crore commitment letter to Assam govt under Cluster Development FundAssam Chief Minister Dr. Himanta Biswa Sarma today attended a meeting with Small Industries Development Bank of India (SIDBI). CMD SIDBI Si...
Sidbi launches various MSME cluster development focused initiativesThe principal financial institution engaged in the promotion, financing and development of MSMEs has been regularly bringing publication, p...
SIDBI launches outreach programme for strengthening MSME ecosystem in HaryanaThis is the nine outreach programme under the initiative. Eight programmes have already been organised in the states of Uttar Pradesh, Biha...
Sidbi working towards e-enabling MSME businesses to deal with post Covid challengesThe digital repository that is being launched could include a list of tools such as automated accounting, tax reconciliation, cloud service...
SIDBI joins hands with Incuspaze to open coworking space for MSMEs and startupsThe fully furnished office space is equipped with training and conference room, fast-speed internet, reception, refreshment, recreational a...
SIDBI introduces web-based application system for contribution from Fund of Funds for StartupsSIDBI is the implementing agency for FFS with a corpus of Rs 10,000 crore on behalf of the Government.
- SIDBI signs MoU with Egypt for their SME sector Development
Under the MoU, SIDBI would not only help in income generation and employment creation in Egypt, but also provide much-needed boost to stren...
- Small Industries and Development Board of India inks MoU with IOB to fund SME projects
SIDBI) today inked an MoU with public sector Indian Overseas Bank to provide Rs 100 crore growth capital to micro small and medium enterpri...