MSME
By NewsByts Team
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Economy, SME, Start ups, Technology, , , ,

Clix Group enters into Strategic Partnership with MSME Lending Platform Tezzract; to lend INR1000 crore

Both the companies will build products specifically catering to MSMEs New Delhi: Clix Group (Clix Capital and Clix Finance), a leading non-banking financial services group with a strong pan-India presence, has entered into a strategic partnership with Tezzract Fintech Private Limited, to innovate and bring new age solutions for lending to MSMEs in India. Under this partnership Clix aims to lend an additional INR1000 crore to MSMEs by the end of this year. Clix to disburse an additional INR1000 crore in FY23 Through this partnership, both companies…
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By NewsByts Team
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Business, Economy, SME, , , ,

SMEs remain upbeat on demand revival, according to the ASSOCHAM-Dun & Bradstreet Small Business Confidence Index

 Confidence amongst India's small businesses remains high with an overwhelming majority of the SME executives expecting improvement in the second quarter of 2022 on most of the parameters including sales, capacity utilisation and hiring, according to the ASSOCHAM-Dun & Bradstreet Small Business Confidence Index (SBCI). The index, which measures the level of optimism of small and medium businesses on key business parameters such as sales, employment, prices, inventory and investment, stood at 87 in Q2 2022.  An index value above 50 signals an improvement or increase in the forthcoming quarter…
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