Raw Material Assistance Scheme: Credit Support for MSMEs to Strengthen Manufacturing
The Raw Material Assistance Scheme, implemented by the Ministry of Micro, Small and Medium Enterprises (MSME) through the National Small Industries Corporation (NSIC), is designed to support small and medium businesses by helping them procure raw materials with credit assistance. The scheme enables MSMEs to maintain smooth production cycles without facing working capital shortages. Objective […]
Deepinder Goyal’s New Startup Temple Raises $54 Million at $190 Million Valuation
Deepinder Goyal’s latest startup venture, Temple, has secured $54 million in its maiden funding round, marking a strong start for the stealth-mode company. The round, backed by friends, family, and prominent investors, values the company at a post-money valuation of approximately $190 million. The funding was announced through a social media post by Goyal, who […]