Small Business, Big Dreams: Overcoming MSME Challenges with Mavenoak’s Digital Marketplace
Micro, Small and Medium Enterprises (MSMEs) are often referred to as the backbone of the Indian economy. The MSMEs register as many as 47.8 million enterprises on the Udyam Portal, as per data, employing over 20 crores of Indians in some parts of the country. Despite being a promising sphere for job creation, industrial manufacture, and grassroots entrepreneurship, India's MSME ecosystem faces persistent challenges like financing, digitisation, and marketing approaches. But these winds of change are blowing! The emergence of digital platforms built especially with MSMEs in mind spells a revolution that promises to take small businesses to unprecedented growth and sustainability. Mavenoak Express , a B2B2C digital marketplace, leads the transformation with its all-encompassing solutions for some of the biggest pain points in the sector. So, here are some of the key challenges for MSMEs, and ultimately, the Mavenoak express ultimate solutions for MSME challenges have started...