Contact Number : +91 99671 47837
Information enables, knowledge empowers, wisdom elevates. In this age of smart phones and digital enablement for all, new forms of credit are constantly coming to our door steps; being aware can transform the way we think about funding our businesses. We are passionate about issues that surround small businesses and this space is devoted towards spreading awareness about various tools that can benefit entrepreneurs. Keep reading..

23

Apr, 2017

Business opportunity – Becoming a distributor for LED products

By: | Tags: | Comments: 26

What is an LED product? The latest technology in lighting products include a light emitting diode (LED) which consumes lesser energy than commonly used bulbs and lamps. This technology is used across wide range of products used for residential and commercial purposes. LED products have longer life span and consume less power, which makes it cheaper than Compact Fluorescent Lamps (CFL) products and traditional incandescent bulbs by 2.2x and 8.3x times over a life span of 50,000 hrs.   What are the growth drivers for LED industry? It is energy […]

READ MORE

9

Apr, 2017

The business opportunity in Laundromat (Laundry as a service)

By: | Tags: | Comments: 0

  What is a Laundromat ? A Laundromat is a business with washing machine and dryers available for use by anyone. These Laundromats are substitutes to the traditional  doorstep washer man/washer woman and take orders through dedicated stores and smartphone apps. They also provide delivery and pick up at doorstep. In metro cities, the demand is from working couples, students, hotels, hostels etc, wherein its much cheaper and time efficient to get the clothes washed and ironed as a service instead of doing it oneself using an owned washing machine. […]

READ MORE

9

Apr, 2017

How to Start a Cashew Nut Processing Unit

By: | Tags: | Comments: 128

In India, there are 8 states popular for the commercial cultivation of cashew, these are Andhra Pradesh, Goa, Kerala, Karnataka, Orissa, Maharashtra, Gujarat, and Tamil Nadu. Raw cashew is not a ready to eat product. Processing is necessary. And cashew processing unit is a small scale and profitable business in India. Processed cashew nuts are consumed directly or converted to a variety of products like salted cashew nuts, kaju Burfi, cashew curries etc In India, processing of raw cashew nuts involves both effective utilization of latest technology through equipment and skilled […]

READ MORE

12

Dec, 2016

The promise of digital finance to Small Businesses

By: | Tags: | Comments: 0

There are ~60 mn small businesses in India contributing to ~37% to India’s GDP. Most of these borrow for business needs at usurious rates of 3-4% per month from informal sources. By some estimates, the total demand of finance for small businesses is estimated to be ~USD 300 bn. Among the top reasons behind this high cost borrowing is lack of financial literacy and financial readiness of this segment. Financial literacy – Most small businesses are unaware that availing formal credit for business needs in a sustainable manner is a […]

READ MORE

6

Oct, 2016

10 FAQs on Mudra scheme – Funding the unfunded

By: | Tags: | Comments: 17

Dear Entrepreneur, India is home to close to 60 Mn small businesses; these businesses contribute ~8% to country’s GDP. Most of the small business units are unorganized in nature, have limited understanding of formal financing structures, and may not have perfect documentation or banking vintage. Because of these problems, often they end up borrowing at very high costs from informal sources. In order to solve this funding gap, government of India has launched Mudra Yojna, with a sole motive to fund millions of micro units who cannot get access to […]

READ MORE

8

Sep, 2016

Make in India – Enabling subsidized loans for green field projects

By: | Tags: | Comments: 4

Dear Entrepreneur, In order to promote manufacturing and services sectors the Indian government has taken a slew of steps – one of those being promoting domestic and overseas companies to manufacture in India (“Make in India”). As we all know, access to timely, cost effective capital continues to be the biggest road block to entrepreneurs. Manufacturing especially, is difficult as projects are capital intensive, can have long gestation periods, may take time to break even and produce profits. In such instances it becomes tough to attract the right kind of […]

READ MORE

9

Aug, 2016

4 key principles of building a successful business venture

By: | Tags: | Comments: 2

When you convert your passion into a business, magic starts to happen slowly but surely! And so goes the story of Ms. Sadhana Ganti, founder, Mom’s Magic – the subject of this piece, who applied four key principles in launching her venture that seems poised for growth! Passion Ms. Sadhana Ganti was always passionate about cooking and used to try different recipes at home. But like any other home maker, looking after her family took priority until her children left home to pursue their dreams. That juncture led her to […]

READ MORE