Sakshi Baid

Sakshi Baid is a content marketing strategist who is passionate about assisting freelancers in their professional development. She talks about all the secrets and tips, as well as career guidance for freelancers who want to succeed.

GOI Launches 15 Challenges for Startups and MSMEs to Solve for a Grant of INR 50 Lakhs Each

In collaboration with the Indian Space Research Organisation (ISRO) & four other ministries, the government of India launched ARISE – Atal New India Challenges programme in order to support the small businesses and MSMEs. The step is in alignment with the vision of making India Aatmanirbhar and less dependent on the imports and products of …

GOI Launches 15 Challenges for Startups and MSMEs to Solve for a Grant of INR 50 Lakhs Each Read More »

Under the Credit Guarantee Scheme, Loans to MSMEs are Diminishing

The government’s rescue scheme for Micro, Small and Medium Enterprises (MSME) amidst the COVID-19 crisis is not performing up to the expectations. Small businesses contribute around 25% to the Indian GDP, therefore working on their health is the government’s top priority. To cope with the aftermath effects of the pan-India lockdown on the MSMEs, the …

Under the Credit Guarantee Scheme, Loans to MSMEs are Diminishing Read More »

MSMEs to shift towards digital payments for economic recovery

The COVID-19 pandemic brought along financial challenges for many economies and institutions. A major force behind driving the Indian economy, Micro, Small & Medium Enterprises (MSMEs) also faced a setback. During the lockdown, with working from home and minimized contact, the need for digital payments grew in India.  Digital payments were once an option for …

MSMEs to shift towards digital payments for economic recovery Read More »

Startups may have to contribute towards India’s Sustainability Goals

Businesses are to be made responsible entities. To make them more serious about their contribution to society, the ministry of corporate affairs (MCA) has presented a new system called Business Responsibility and Sustainability Report (BRSR). A move for corporates to report all non-financial disclosures under the same single source.  It is an improvised version of …

Startups may have to contribute towards India’s Sustainability Goals Read More »

Emergency Credit Line Guarantee Scheme(ECLGS) to cover individual entrepreneurs

The government has decided to extend the ECLGS scheme to include individual entrepreneurs. This is a move to cover the lag in the economic growth caused due to Pan-India lockdown and the COVID pandemic. Individual entrepreneurs head more than 6.3 crore Micro, Small and Medium Enterprises (MSMEs), and larger companies across India.  Under this scheme, …

Emergency Credit Line Guarantee Scheme(ECLGS) to cover individual entrepreneurs Read More »

Insolvency resolution: Cheaper, faster and easier process on cards for MSMEs

Insolvency and Bankruptcy Board of India (IBBI) has proposed a new framework for micro, small and medium enterprise (MSME) insolvency resolution process, reducing the time limit to less than 180 days.  The plan aims to focus on making the procedure more cost-effective, quicker and easier allowing the debtors to continue running the business while allowing …

Insolvency resolution: Cheaper, faster and easier process on cards for MSMEs Read More »

Refrens.com Raises Investment From Paytm founder Vijay Shekhar Sharma, FirstCheque and Others For Its Freelancer Focused Business Platform

Funds will be used for expanding reach of the platform and adding Freelancer friendly financial services.  Bengaluru based startup, Refrens.com, has raised funding from a group of angel investors including Vijay Shekhar Sharma (founder of Paytm) and Anupam Mittal ( Founder of Shaadi.com). Launched in July 2019, Refrens.com offers a free invoicing, payments and expense …

Refrens.com Raises Investment From Paytm founder Vijay Shekhar Sharma, FirstCheque and Others For Its Freelancer Focused Business Platform Read More »

Corona Virus: 5 Stories To Understand The Impact On Business.

2000+. Yes, that is the latest number of deaths estimated world wide due to Wuhan Corona Virus. The biggest virus outbreak post SARS in 2003 (which incidentally also originated from China) has not only caused severe health related concerns but has also jolted businesses (or at-least the way they operate) in more than one way.  …

Corona Virus: 5 Stories To Understand The Impact On Business. Read More »