MSME news
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MSME news

Free billing app for your business!

Indian businesses have much to celebrate this festive season.

This week’s edition covers:

  • 5M+ MSME registrations through Udyam portal
  • Sales, fast deliveries, and no cost EMIs, each digital marketplace has something to offer
  • Indian Startups raise $10B in Q3
  • Swipez’s Collect it- Billing and online payment collection app
  • A free app for you

In the news 📰

MSME Secretary reports 5M+ registrations through Udyam

With its single-page registration process, easy accessibility, and affordability, Udyam portal has reported more than 5 million MSME registrations in the last 15 months. Only time will tell whether the staggering numbers are a reflection of the ease of doing business the portal offers. Or, the government’s restriction against private online or offline systems, services, agencies, and/or persons facilitating MSME registrations.

But, the MSME industry, the beating heart of the Indian economy is on the rise. If one were a gambling man, this is as good a time as any to place your bets. 💰

The Battle-Royale of E-commerce Giants

Online sales this festive season are projected at $9.2B, an astounding 42% higher than last year. Gadgets, groceries, or garments, there is a digital marketplace and app for everyone.

Amazon’s Great Indian Festive Sale with its no-cost EMIs and same-day delivery aims to capitalize on the reward at the end of the ‘new normal’ tunnel. While Ajio under the Reliance umbrella intends to keep its steady growth with its ‘dazzling’ discounts and ‘bold’ sales.

The Flipkart-Myntra duo, however, won’t be easy to beat. Flipkart added 124 new cities and made its app available in 11 languages this year. A decided focus on MSMEs.

India: The land of the Unicorn?! 🦄

According to PwC reports, India added no less than 10 unicorns in Q3.

Q3 also has the unique distinction of the highest funding received by startups in a single quarter (so far). More than $10.9B across 347 deals. Unsurprisingly, tech startups led the charge. FinTech, EdTech, and SaaS startups accounted for the lion-share.

Going digital has never been more prudent or profitable.

Feature alert 📢

Your favourite invoicing and billing solution is now an app!

The much anticipated all-in-one intuitive Collect it- Billing and online payment collection app is here. Send bills to your phone book contacts, and start collecting.

You can use the app to:

  • Bill your contacts.
  • Track paid and outstanding dues.
  • Send personalized reminders and online payment options.
  • Send and receive auto-generated payment receipts.

It’s never been easier to bill and collect payment from your customers. Get the app from Google Play or Apple App Store and start billing!

One app we use…

Slack

A simple to use messaging tool with a generous free plan to get you started. Communicate and collaborate with your team and manage your workflow from a single platform. You can collaborate with external teams as well as your own. Compatible with most operating systems, Windows, Linux, Mac, etc., Slack also offers a mobile app for both Android and Apple users. You can stay organized and on top of things even when you are traveling

Share information with the whole team in the central spaces or coordinate on projects with just one or a few. There is no need to drown in emails anymore with Slack.

Drop us a line and let us know what you would like to see in the upcoming newsletters. Just like the Swipez platform this newsletter too is built with your feedback.

Organize the way you manage your business operations by following this weekly publication. Get the latest news, tools and information which can make a difference to your business. Swipez team learns and shares their findings with community of over 20K small businesses.

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Swipez

Swipez

At Swipez, simplifying the way you do business excites us. Swipez products are built to organize and automate key parts of your data to day business operations

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