Press Releases from Kinara Capital (14 total)
How to Get Instant Business Loans?
Instant Business Loans or Quick Business Loan is a credit facility that provides Micro, Small, and Medium Enterprises (MSMEs) with fast and easy access to capital. MSMEs often encounter the need for extra funding to address their myriad needs, and in such scenarios, business owners often tend to approach family or friends and secure funds informally. Others go to banks but traditional business loans usually take a lot of time…
5 Key Trends and Developments that MSMEs Cannot Ignore in 2023
Another year has ended, giving way to the fresh dawn of a new year. It is the time to refresh and recharge the energies to create a fruitful business year. Much like last year, 2023 is also anticipated to witness several major growth trends in the micro, small and medium enterprises (MSMEs) sector. These are critical to the shaping of further the growth strategy for the MSME sector in India,…
Business Loan - What is a Business Loan?
Business Loans are funds available to all types of businesses from banks, non-banking financial companies (NBFCs), or other financial institutions. Business Loans can be tailor-made to meet the specific needs of growing small and large businesses. These loans offer your business the opportunity to scale up and give it the cutting-edge necessary for success in today's competitive world.
Business Loans for the micro-small-medium enterprise (MSME) sector in India are particularly…
Open Network for Digital Commerce is Poised to Accelerate the Growth of MSMEs in …
India has one of the fastest-growing digital commerce spaces in the world, expected to reach a market size of close to $150 billion by 2025. This huge surge has been fuelled in part by the tech transformation which has been unfolding across the country for the past decade or so. The government has also added its support and impetus to the tech infrastructure in order to boost efficiency and ease…
Udyam Registration: Indispensable of MSMEs
Many new business owners may wonder, "What is Udyam Registration?" when they establish their businesses. As it is a new initiative from the Ministry of MSME, most business owners aren't aware of the Udyam registration and the documents they need to submit while registering on the portal. If you are one among them, you have arrived at the right place. We are here to walk you through everything you need…
KINARA CAPITAL WINS BEST PLACES TO WORK IN INDIA 2022 AWARDS BY AMBITIONBOX
Ranked 2nd by Employee Choice in the 'Best Mid-Sized Companies' and in the 'Best Internet/Product Companies' Categories
BANGALORE - September 19, 2022 - Kinara Capital, a socially responsible fintech driving MSME financial inclusion, has ranked among the BEST PLACES TO WORK IN INDIA 2022 by AmbitionBox based on crowdsourced ratings and reviews of employees. Kinara Capital is ranked No. 2 nationwide in the Best Mid-Sized Companies in India and No. 2…
What are Intellectual Property Rights (IPR) and why is it important for MSMEs to …
Intellectual Property Rights (IPR) are rights of ownership given to individuals or organisations for their inventions or creations to protect them from unauthorised use. IPR are recognized if issued by a recognized government body and rules of which can differ from country to country.
India has undergone a lot of refinement with its patent laws over the years. It is also a signatory of the Trade Related Aspects of…
MSMEs' Role in the Development and Growth of the Local Economy in India
The Indian MSME sector is considered as the backbone of the economy. The growth and expansion of the sector will be a major contributor to make India into a $5 trillion economy in the next 5 years. According to recent statistics generated on the value addition MSMEs make to the Indian economy, around 67% is contributed by manufacturing units, followed by 33% by service. Over the years this sector has…
Kinara Customer Success Story - Sigma CNC Product
Kinara Capital, founded by Hardika Shah, CEO with an aim to empower and create financial inclusion in the MSME sector. The company in the 11 years of MSME lending has been able to disburse 75000+ business loans worth INR 3000+ crores till date. Since the company came into existence, there have been customers who were associated with Kinara Capital and this has led to an incremental income generation of INR…
What is ZED? How that can be Beneficial for Manufacturing MSMEs
The Ministry of Micro, Small and Medium Enterprises launched this scheme in 2016, ZED scheme refers to the Zero Defect Zero Effect. The ZED scheme includes a ZED maturity assessment model where the enterprises continuously strive to improve the business process in order to move up the model from Bronze, Silver, Gold, Diamond and Platinum. It mainly accounts for productivity, implementation of quality systems and tools, increase in energy, financial…
Digitisation to Encourage Online Applications for MSME Loan
According to recent studies, digital lending to MSMEs will witness a 15x growth by 2023, attributed by digitization and influx of last-mile lenders such as digital lending companies and NBFCs. The MSME sector in India is highly underserviced and doesn't have access to formal credit. Over 60% of the MSME sector resort to some sort of informal credit on unfavourable terms and very high interest rates. The advent of fintech…
The World MSME Day Celebrates the Resilience of Small Business Entrepreneurs Glo …
Every year, June 27th is celebrated as the World MSME Day and this year's theme is on 'Resilience and Rebuilding: MSMEs for Sustainable Development'. Established by the United Nations (UN), the World MSME Day acknowledges the enormous contributions of small businesses in every country towards fostering innovation, giving to their nation's economic growth and creating millions of jobs in local economies.
The micro, small, medium enterprise (MSME) sector, also commonly…
3 Ways NBFCs are Helping MSMEs Scale up their Businesses
MSME lending scenario in India is transforming drastically, especially since the COVID-19 pandemic. The traditional banking sector has shrunk over the last 5 years, losing their market share to NBFCs and other players. NBFCs have emerged to MSME business owners as reliable sources, giving access to formal credit in an easy and non-complicated way. Most NBFCs do not have stringent regulations or need a lot of documentation to process a…
GST Loans for MSMEs: Eligibility and Process
MSMEs are big contributors to the Indian economy, they contribute over 45% of the total manufacturing output and 35% of India's GDP. Needless to say, their impact on the Indian economy is very significant and supporting the MSME sector is going to help India's overall development. The Indian Government, especially after the COVID-19 pandemic, initiated various schemes that will help ease the financial burden on these micro, small and medium…
