OfBusiness, the fast-growing B2B marketplace for businesses in India, has just unveiled a game-changing AI-powered platform called Nexizo. This new platform aims to help small and medium-sized enterprises (SMEs) in the infrastructure and manufacturing sectors streamline their operations, discover market opportunities, and manage procurement more effectively. With its unique features and a focus on…
Delhi-based Fintech Startup CredFlow Raises Funds to Revolutionize Cash Flow Management for Small Businesses
Introduction: A Game-Changer for SMEs in India
CredFlow, a rapidly growing fintech startup based in Delhi, has successfully raised $3.7 million in a pre-Series B funding round. The round was led by Inflexor Ventures, along with backing from a Singapore-based family office. This new capital…
European Cyber Insurance Startup Stoïk Secures $27M to Safeguard Small Businesses from Cyber Threats
In an age where cyber threats loom large, especially for small and medium-sized enterprises (SMEs), French startup Stoïk is stepping up to the plate with a game-changing cyber insurance product. Recently, Stoïk successfully raised €25 million (around $27 million) in a Series B funding round, positioning itself as a crucial player in the European cyber insurance landscape.
Unlike other players…
Small and Medium Enterprises (SMEs) are increasingly leveraging capital markets for funding, with a reported 780 SMEs listed on the NSE and BSE as of June 2023. These companies have collectively raised approximately ₹11,000 crore. Shekhar Chaudhary, director of the financial markets division at the Department of Economic Affairs, shared these insights at the 10th edition of the CII (East)…
