The partnership will empower over 25000 women entrepreneurs across India with essential tools, resources, and training to succeed in the digital ecommerce ecosystem
Blue Orchard and Tata Capital led the funding round, with participation from the Small Industries Development Bank of India (SIDBI) and existing investor Prime Venture Partners
In India, 63.4 million MSMEs, mostly micro-enterprises, must sustain their digital transformation to stay competitive. Initially focused on efficiency, a holistic approach is now vital for continued relevance
According to Deloitte MSMEs in India are expected to play a significant role in creating the revenue, capacities, and ecosystems required for long-term growth
The funding round was led by the Michael and Susan Dell Foundation with wider participation from existing investors including YourNest, Spearhead Capital, 9Unicorns, and AccionVenture Lab
TMB will leverage Jocata’s low-code Digital Lending Platform to drive its digital transformation strategy, providing MSMEs with an end-to-end digital, personalised, and experience-led value proposition