joel.francis.7351
Par 100 posts (V.I.P)
The 45-million-strong SME market in India is a big attraction for foreign investors. Companies are clamouring for their stake in the pie. After Facebook (has announced the launch of SME Council in India to leverage technology for small businesses) and PayTM (has announced to offer collateral-free business loans to SMEs along with its partner, LendingKart), the next to ride the Indian SME-market bandwagon is the Chinese e-commerce giant, Alibaba.com.
Alibaba has announced the launch of a bunch of services for Indian SMEs selling on its platform, Alibaba.com. Called SMILE (Small and Medium Industries Leveraging Export), the programme will offer solutions like finance, logistics, certifications and technology. And supporting Alibaba in this SMILE programme, are many partners who will provide finance, credit rating, online lending, and transportation support to the local Indian enterprises who are already on Alibaba.com. The company already claims to have 4.5 million registered SMEs on its platform. And it can help more than 10 million SMEs.
2016 seems to be already turning promising for Indian SMEs! Do you think you are ready to smile your way from being a start-up to an SME?
Alibaba has announced the launch of a bunch of services for Indian SMEs selling on its platform, Alibaba.com. Called SMILE (Small and Medium Industries Leveraging Export), the programme will offer solutions like finance, logistics, certifications and technology. And supporting Alibaba in this SMILE programme, are many partners who will provide finance, credit rating, online lending, and transportation support to the local Indian enterprises who are already on Alibaba.com. The company already claims to have 4.5 million registered SMEs on its platform. And it can help more than 10 million SMEs.
2016 seems to be already turning promising for Indian SMEs! Do you think you are ready to smile your way from being a start-up to an SME?