Tag: MSMEs

4 AI-Powered Bank Statement Analyzers for MSME Lending

India has over 6.3 milion MSMEs, with an unmet credit gap of 120 billion USD. According to 2024 Trans Union CIBIL report, only 2.5 million MSMEs have access to formal credit. MSMEs have a high demand for loans under 1 Lakh also known as small ticket loans. The lending process for such loans is often mired by traditional credit underwriting…

GlobalLinker joins ONDC to transform the business of India’s MSMEs

Delhi, GlobalLinker, the leading digital networking community for small and medium-sized enterprises (SMEs), is thrilled to announce its strategic collaboration with the Open Network for Digital Commerce (ONDC), aiming to revolutionize the business landscape and unlock growth opportunities for millions of SMEs in India. By joining the ONDC network through GlobalLinker, SMEs can expect a significant boost in orders, visibility,…