What’s next for India’s MSMEs

Hello Reader,

While Zomato‘s $636-million deal to acquire Blink Commerce (which operates Blinkit) has generated excitement in India’s quick-commerce industry, some smaller players are feeling the heat.

Ola has decided to shut its quick commerce business, Ola Dash. The announcement comes just months after the company had announced expansion plans. The shared mobility major has decided to prioritise Ola Electric, and will also be reorienting Ola Cars, its used-cars retailing division.

But electric vehicles aren’t easy to tame. 

After a video of a Tata Nexon EV catching fire went viral recently, Ola CEO Bhavish Aggarwal tweeted that any car could catch fire, but EVs were much safer than internal combustion engines.

Deep dive into the MSME sector

The fourth edition of the week-long India MSME Summit 2022 has seen some insightful conversations from small business entrepreneurs and industry stakeholders.

During a fireside chat, Dinesh Agarwal, Founder and CEO of IndiaMart, discussed how Indian MSMEs can overcome their existing challenges and more after COVID-19.

SMBStory also spoke to industry stakeholders to find solutions to the working capital problem MSMEs face, and the way forward.

The best is kept for the last, as YourStory gears up to host the Grand Finale on June 27, which will host speakers from different industries, policymakers and influential leaders, to discuss what’s next for the sector.

Why attend the Grand Finale?

  • To gain insights into the sector and engage in various discussions.
  • To learn about innovations that will shape the MSME sector.
  • To connect with experts, investors, and industry professionals.

Watch the event live on YourStory TV, Facebook, and LinkedIn. To receive the premiere link, register here.