Financial ExpressJan 7, 2022How this bicycle manufacturer raised millions from top VC investorsCredit and Finance for MSMEs: Small manufacturers in India have never been able to crack venture capital (VC) investments.While exceptions could be there but India’s MSME manufacturing has hardly drawn the interest of angel or VC money. Small entities have historically relied on credit from banks other than their own savings or profit that they put back into the business.So, the transformational growth that startups achieve in a few years based on debatable future projections of their businesses backed by PEs and VCs has almost never been on the horizon for good old MSME manufacturers.Read more at Financial Express
Credit and Finance for MSMEs: Small manufacturers in India have never been able to crack venture capital (VC) investments.While exceptions could be there but India’s MSME manufacturing has hardly drawn the interest of angel or VC money. Small entities have historically relied on credit from banks other than their own savings or profit that they put back into the business.So, the transformational growth that startups achieve in a few years based on debatable future projections of their businesses backed by PEs and VCs has almost never been on the horizon for good old MSME manufacturers.Read more at Financial Express
