In India, Micro, Small, and Medium Enterprises (MSMEs) are the backbone of the country’s economic growth, generating employment and contributing significantly to the GDP. However, accessing credit has often been a significant challenge for such enterprises, especially for startups and small-scale businesses. This is where responsible lending plays a transformative role. At LendingKart, responsible lending […]
One of the main benefits of digital banking is how convenient it has now become to send and receive money through National Electronic Funds Transfer (NEFT) and other methods of electronic fund transfer. Thanks to internet banking and mobile banking, you no longer need to visit a bank in person or wait in line
The indirect tax regime was completely overhauled in 2017 with the introduction of the Goods and Services Tax (GST). The implementation of GST is a changing moment in India’s fiscal history, transforming a fragmented tax landscape with over 17 different indirect taxes into a streamlined, technology-driven system that promotes ease of doing business. Now,
No Cost EMI transforms the way consumers make purchases by removing the stress of extra interest fees. It offers individuals a flexible and convenient way to access products or services while dividing the cost into manageable installments. Unlike typical installment plans that accumulate interest on the remaining balance, No Cost EMI guarantees that buyers
Running the day-to-day operations of a business requires a steady cash flow. Often, small and medium enterprises face a seasonal demand crunch, which results in low working capital reserves and an inability to meet short-term operational expenses. However, continuing operations during this lean season is crucial to prepare for the upcoming peak season when
Introduction In India, the ecommerce industry is projected to grow at a CAGR of 21% and reach $325 billion by the year 2030 according to a report by Deloitte. As India looks forward to taking giant leaps and becoming a global economy, e-commerce is playing a vital role in this transition. Every business today
Electronic commerce (e-commerce) has completely transformed the way goods and services are sold. Individuals and businesses can now sell goods to consumers around the world through e-stores and online shopping platforms. E-commerce can be broadly classified into four different types: business-to-consumer (B2C), business-to-business (B2B), consumer-to-business (C2B), and consumer-to-consumer (C2C). Of the many variants, consumer-to-consumer
