5 start-ups solving business requirements of MSMEs in India
MSMEs are the backbone of the Indian economy and having cash to grow is critical for their survival. According to India Brand Equity Foundation (IBEF), India is home to about 6.3 crore MSMEs, which contribute around 29 percent to the country’s overall GDP. Also, the sector is producing several employment opportunities in tier 2 and tier 3 sectors. To assist the MSME sector here are 5 start-ups which are solving day to day requirements of small and medium sized businesses.