Business Today: HDFC Bank, Mastercard, USAID offer $100 mn credit facility to MSMEs and women entrepreneurs. SMERGERS shares data on business listings.

Oct 21, 2021

While the government data on the number of MSMEs and women-led units impacted or shut due to the pandemic hasn’t been available so far, a large number of such enterprises had reportedly faced temporary closure of production units, job losses, and severe impact on working capital.

Financial Express Online had reported last month citing data from online investment banking platform SMERGERS, that out of the total 1.65 lakh businesses listed for sale on the platform, 52,000 came onboard from April 1, 2020, onwards, of which 7,000 are verified or approved listings. In fact, before Covid, the daily average of businesses listing for sale was 10 that increased to 20 before the second wave, and was about to cross 25 in September.

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