Volume 7 | Issue 26 | June 2017 | …smeconnect.in/issues/issue_files/VOL7_ISSUE26.pdf · · 2017-10-12MAHARASHTRA INDUSTRIAL AND ECONOMIC DEVELOPMENT ASSOCIATION M A H A R A S

C O N N E C TAn Initiative of SME CHAMBER OF INDIA

www.smeconnect.in Volume 7 | Issue 26 | June 2017 | Mumbai | 50`

Digital Lending NBFC for SME Finance

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CA Abhay BhutadaManaging Director

TAB Capital Limited

Cover Story

ACTIVITIES

EFFORTS

FOUNDER & PRESIDENT

CHANDRAKANT SALUNKHE

ASSISTANCE, SUPPORT & ADVISORY SERVICES

MAHARASHTRA INDUSTRIAL AND ECONOMIC DEVELOPMENT ASSOCIATION

MAHAR

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IND

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&ECONOMIC DEV

ELO

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IATION

Connecting Maharashtra Globally

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Industrial Productivity / DevelopmentActivities

Export Promotion & Market Development

Investors Meet in India and abroad

Tourism Promotion Events

Environment Protection

Promote Public Private Participation in various sectors

Exhibitions, Conferences, Road Shows & other events

Organise various training and education programs

Encourage Social and CulturalActivitiesDelegations and Study Tours

Channelise Investment, Bank Finance & Equity

Agro and Food Processing Industrial Development

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Joint Ventures, Technical Know-How and TechnologyTransfers

Diversification, Contract Manufacturing Tie-ups andCollaborations

Interaction with investors and investment boards of variouscountries

Branding, Promotion and Marketing

Identify new business opportunities

Setting up of SME Manufacturing and Service Units

Identify new projects and business potentials

Prepare Sector wise Project Profiles and Reports

Prepare and evaluate investment proposals and follow up

Identify appropriate investors & business partners

Liaison with Investors, Govt. Depts, Banks and FIs

Revival of Sick Industrial Units

Infrastructure Development

Study and Research on potential projectsResolve Issues and Problems of Industry

Skill Development

White Papers & Survey Reports

Review of policy, incentives and schemes

Consultative and Interactive meets with Industry, Officials and Policy Makers

Awareness and Training Programs

Interaction with the Government

Industrial Growth

Growth of Small & Medium Enterprises

Tel: +91 - 22 - 6150 9800 | 6667 4444 | Fax: +91 - 22 - 2825 0414

Email: [email protected] | Web: www.mieda.in

Registered & Head Office

6, Upper Ground Floor, Samruddhi Venture Park, SEEPZ - MIDC Central Road, Andheri (E), Mumbai:- 400 093.

Representative Offices: New Delhi, USA, UK, China, Malaysia

Registered Under Section 25 of The Indian Companies Act, 1956.

MAHARASHTRA INDUSTRIAL AND ECONOMIC DEVELOPMENT ASSOCIATION

Content

© SMALL & MEDIUM BUSINESS DEVELOPMENT CHAMBER OF INDIA (SME CHAMBER OF INDIA). The concepts, activities

and events have been designed by us and are exclusively the property of SMALL & MEDIUM BUSINESS DEVELOPMENT

CHAMBER OF INDIA (SME CHAMBER OF INDIA). No part of the titles and contents or images should be used, reproduced,

stored in a retrieval system or transmitted, in any form or by any means or discussed with any third party without prior

written consent of SME CHAMBER OF INDIA.

Views and opinions expressed in this magazine are not necessarily those of SME CONNECT, its publisher, printer, owner and

/ or editors. We (SME CONNECT) do our best to verify the information published but do not take any responsibility for the

absolute accuracy of the information. SME Connect does not accept responsibility for any investment or other decision

taken by readers on the basis of information provided herein.

SMECONNECT– bi monthly Owner Printer Publisher Editor Mr.Mahesh Balasaheb Salunkhe, Printed at Hindustan Packaging, Unit No1,Kembros

Industrial Estate, Sonapur Lane, Off L.B.S Marg, Bhandup (W), Mumbai - 400 078, Published at 101, Murlidhar Baldev Estate, Near Vikas Estate, Off

Aarey Road, Goregaon (E),Mumbai-400063. Maharashtra. Editor - Mahesh Balasaheb Salunkhe. RNI No : MAHENG / 2011 / 48842

SME CHAMBER OF INDIA

www.smeconnect.in � �03 Volume 7 | Issue 26 | June 2017 | CO NNECT

Digital Lending

NBFC

for SME Finance

Cover Story Articles

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Events

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Seminar on International

Collaboration & Business

Opportunities for SMEs

Pune Industry & SME Summit

SME Business Meet

Maratha Entrepreneurs Meet

Maratha Business Excellence

Awards

Conference on Venture Capital

and Private Equity for SMEs

India SME Business Summit

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16

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Demonetization Brings in

Major Cashless Options for

SMEs

Insolvency and Bankruptcy

Code, 2016

Trade Receivables

Discounting System (TReDS)

SMEs Critical for Development

Start-Ups and External

Commercial Borrowing (ECB)

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19

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27

Interactive Meeting

with

Dignitaries of Qatar

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Cover Story

India is steadily stepping into a new lending regime. Digital lending represents a new era in mainstream lending and is

fast emerging as a force to reckon with post a rather sluggish pace of lending for the country’s sprawling Micro Small and

Medium (MSMEs) sector. Promising to be innovative, digital lending seeks to focus on the specific needs of

entrepreneurs. NBFCs are rising to the occasion, mooting a variety of innovative loan products to handhold the sector,

getting it ready to embark on a new chapter of growth and progress.

TAB CAPITAL’S INITIATIVES

Digital Lending Opens a new door for MSME Finance

The Unique lending platform promises to provide fast and flexible business loans to help

MSMEs carve a new growth trajectory.

For MSMEs, the lending process is

always a stringent one and more often

than not, diff icult to fol low /

comprehend. TAB Capital Limited, a

leading NBFC in the Digital Lending

space, has created a simple lending

process with the help of digital modules

whereby a customer can easily apply

for a loan & track his/her loan

application process online. The entire

process is seamless, paperless, digital

and automated.

TAB Capital seeks to provide

disbursement to the customer within

just 2 working days as part of its unique

business blueprint.

As Digital lending continues to grow,

attracting entrepreneurs, institutions

and professionals, the new lending

mechanism is turning into a growing

source for getting financial assistance

in the shortest span of time. Any

growing sector can attract service

providers but digital lending will be one

of the biggest innovations in the

lending sphere, because of its easy,

simplified and quick application

process.

TAB Capital Ltd is providing a vital

financing solution to the un-served

markets of India. As digital lending is

low on operational costs, TAB Capital

Ltd. is able to provide cost effective

loans to its customers.

In this competitive world, it is

the need of an hour to adapt

with the changing consumer

environment and turn “THE

VIRTUAL AUDIENCE INTO REAL

AUDIENCE”.

- Business Loan

- Merchant Cash Advance

- Loan Against Property

- Working Capital Demand Loan

- Loan to Professionals

- Machinery / Equipment Loan

www.smeconnect.in� �04| Volume 7 | Issue 26 | June 2017CO NNECT

Cover Story

The new generation of consumers now

expects things to be found and

delivered immediately. As per the

recent study conducted by Google

–BCG, it was revealed that with the

increase in smartphone users in India,

90% are likely to use digital payments

for both online as well as offline

transactions. Over 60% of digital

payments value will be contributed by

offline points of sale such as

unorganized retail, eateries, transport

etc. This change in consumer

preferences has opened a new door for

digital lending based NBFCs in the

market.

TAB Capital Ltd is a Public Limited

Non-Deposit taking NBFC registered

with the Reserve Bank of India which

started its operations in March, 2016.

Mr. Abhay Bhutada, a young, talented

and passionate Chartered Accountant

is the Promoter of TAB Capital Ltd.

realising the difficulties of MSMEs in

fundraising for their genuine business

needs, Abhay decided to focus on this

unserved segment by providing them

funds with innovative loan products.

Hard work, strong dedication, vision

and right decisions at right time has

made CA Abhay Bhutada a successful

businessman.

“We at TAB Capital believe in

positioning the loan application and

disbursement process at a whole

new level by making your financing

needs just a click away”- says

Abhay Bhutada, Chairman and

Managing Director, TAB Capital

Limited.

Due to the unique model and lower operational costs, TAB Capital is one of the first NBFCs which is profitable from the first

year of operations itself. The business model of TAB Capital is unique and has been evolved after years of research &

tapping into the experience of promoters/Directors of the Company. This unique model provides an edge to TAB Capital

over its Competitors. The concept of the model is unique & thereby will be difficult to imitate.

“Profit making Start-up NBFC” and “Emerging Tech Savvy

NBFC” by Mr. Suresh Prabhakar Prabhu Hon’ble Minister

of Railways at the “MSME Banking Excellence Awards –

2016”.

TAB CAPITAL LTD - "Fastest growing Digital Lending

NBFC of India" award at Digital India Summit 2017 at the

hands of Shri. Ravi Shankar Prasad, Hon’ble Minister of

Information Technology.

AWARDS & RECOGNITIONS

ADVISORY BOARD

Digital lending will make each channel to function in sync with others. Customers expect that each arm of

lending works seamlessly with others so that they don’t have to fill the same data repeatedly. The major

focus for lenders should be to improve in this domain. – CA Abhay Bhutada (Managing Director)


Cover Story

GREATER EFFICIENCY:Unlike traditional lenders, TAB Capital

is an Online Lending Platform that

leverages technology to provide

solutions to the financing needs of

Professionals and the MSME

Segment. Their centralized processing

center provides greater efficiency to

the consumers while providing better

Risk Management to the Company as

it entails direct involvement of

Directors in credit based decision

making.

Digital lending is the new futuristic

approach towards banking wherein the

lending process is completely based

upon digital modules spread across

various channels of communication

and devices.

This process transforms the inefficient

and lengthy loan processes into a

completely digital solution which is

paperless and hence fast and

customer centric. This makes things

more beneficial to the borrower and

easy since it is automated and

streamlined.

TAB Capital has a team of dedicated,

skilled and experienced professionals

who are committed to serve the SME’s,

professionals and entrepreneurs with

regard to taking care of their financial

needs. After thoroughly understanding

client requirements, the products are

tailored and personalized on the basis

of the specifications provided by

clients, which makes them exclusive to

the particular client and their business.

says Mr. Abhay Bhutada

Managing Director of TAB Capital Ltd.

“Giving our clients what they want

is our specialty when it comes to

lending”

BOARD OF DIRECTORS

From Left to Right: - Independent Director, - ,

- Chairman & Managing Director, - CEO & Director and -

Director

Mrs. Bhama Krishnamurthy Mr. Prabhakar Dalal

CA Abhay Bhutada Mr. Amar Deshpande Mr. Sujit Thite

Independent Director

SIMPLE STEPS TOWARDS LENDING:According to Mr. Abhay Bhutada,

Digital lending will make each channel

funct ion in sync with others.

Customers expect that each arm of

lending works seamlessly with others

so that they don't have to fill in the same

data repeatedly. The major focus for

lenders should be to improve in this

domain. He adds, “Yesterday's MSME

organizations have become today's

large corporates. So why not provide

an effortless, seamless lending

platform for them?”

Digital lending platforms believe that

authenticity and accuracy of data are of

extreme importance. Hence, in

scenarios wherein MSMEs may not

have audited financial statements,

additional documents such as bank

statements, invoices and tax returns

are sought and used for analyzing the

borrower's repayment capabilities.

Due to the easy and fast online

module, there is a huge inflow of loan

applications from various parts of the

country which helps in filtering out the

very best applications. At TAB Capital

we focus on certain basic and

important factors which are imperative

in providing the basic approval instead

of getting into the hassles of lengthy

paperwork.

Unlike other lenders, TAB Capital does

not focus on getting collateral

securities from customers. TAB Capital

have made the online lending process

with efficient work ethics due to which

the company has maintained record of

zero NPAfrom the day of incorporation.

TAB Capital created simple steps

you need to follow for getting

Finance:

Fill the OnlineApplication

Upload the Documents Online

Disbursement in 2 Working Days

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“It is very important to empower the MSME sector to utilize the limited resources of finance that

they possess, in an optimum manner. The MSMEs need to be informed of the latest

developments taking place in the financial markets.”


For MSMEs, TAB Capital provides easy solutions. They can easily apply using our digital platform for the application

process. Financial technology has been one sector which will be major game changer if our financial companies can adopt

according to digital technology for finance.

: Fintech companies like TAB CAPITAL are adopting modern technologies to

reduce the number of documents needed for loans.

In order to ensure that SMEs don't miss out on valuable opportunities, TAB

Capital Ltd seeks to disburse funding within two working days.

These are loan products which are suited to the needs of a diversified MSME

sector. The company is currently providing loan products like Equipment / Machinery Loan, Merchant Cash Advance

against POS Machine Transactions, Working Capital Finance and General Purpose Business Loans to serve various

capital requirements in the MSME segment. The company is always on a hunt to design new products in order to cater to

diversified needs.

Unlike a traditional banks/lenders, who rely on collateral security & financial ratios, TAB Capital analyses the credit

worthiness of a business by understanding the profile of the customer, cash flow, business model, social behavior and

personal discussions with the Promoter. Loan size ranges between Rs. 2 Lakh to Rs. 1 crore, with the average loan size

being around Rs.10 Lakh.

How digital lending can improve lending processes for MSMEs?

Faster and Minimum Documentation

Disbursement within two working days:

Customized products for MSMEs:

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SOLUTION FOR MSMEs

Cover Story

Our Mission is to meet the dynamic financial needs of Professionals & MSMEs, thereby

accelerating their growth with flexible funding options as we believe Digital Lending is the need

of Digital India – CA Abhay Bhutada

� Lack of Adequate and Timely Banking Finance

Lack of Experience and Knowledge

Non availability of Skilled Labour & Technology

Low Production Capacity

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FACTORS AFFECTING MSME GROWTH

LOAN PRODUCTS

Loan toProfessionals

BusinessLoan for MSME

Machinery /Equipment Loan

MerchantCash Advance

WorkingCapital Demand Loan


Cover Story

TAB Capital intends to become a leading Digital Lending NBFC in the MSME segment. The company plans to achieve an

AUM of Rs.1000 Crores in the next 5 – 7 years of operation. For the achievement of the said goal, the management is

working on each and every factor which contributes towards the achievement of this goal. The various factors which the

Company is working on include the creation of an extensive product line, strong Geographical and Digital presence and a

strong capital Base. The company is looking forward to raise equity of Rs.100-150 Crores over a period of next 2-3 years.

The equity infusion will be used for strengthening its data science capabilities & enhancing its technology platform.

THE VISION

The TAB Team- A mix of Experience and Young Talent

PAN INDIA PRESENCE

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Pune

Mumbai

New Delhi

Chennai

Hyderabad

Bengaluru

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Ahmedabad

Aurangabad

Bhopal

Thane

Noida

Indore

Jaipur

Kolhapur

Nagpur

Nashik

Nanded

Solapur

Surat


H.E. Ms. Ulrika Sundberg

“Bilateral Trade and

Outbound Investment Opportunity with Swedish SMEs"

– Consul General, Consulate General of

Sweden addressing the delegates on

H. E. Ms. Saroja Sirisena

“Bilateral Trade and Outbound

Investment Opportunity with Sri Lankan SMEs”

– Consul General, Consulate General of Sri

Lanka addressing the delegates on

Mr. Chandrakant Salunkhe

“International Business

Collaboration for SMEs – Opportunities & Challenges”

– Founder & President, SME Chamber of

India and Maharashtra Industrial and Economic Development

Association addressing the delegates on

Address by Speakers

Mr. Gabriel Hernan Rosa


Outbound Investment Opportunity with Argentinian SMEs”

– Deputy Consul, Consulate General of

Argentina addressing the delegates on

H.E. Dr. Norbert Revai-Bere


Outbound Investment Opportunity with Hungarian SMEs"


Hungary addressing the delegates on

Mr. Ravikant Tiwari


Outbound Investment Opportunity with Canadian SMEs”

– Trade Commissioner – Ontario, Consulate

General of Canada addressing the delegates onMrs. Vireshika Bandara

“

– Consul, Consulate General of Sri Lanka

addressing the delegates on Bilateral Trade and Outbound

Investment Opportunity with Sri Lankan SMEs”

H.E. Mr. Erdal Sabri Ergen


Outbound Investment Opportunity with Turkish SMEs"


Turkey addressing the delegates on

Event

organised on Friday, 16th June 2017, Hotel Holiday Inn, Mumbai

INTERNATIONAL COLLABORATION & BUSINESS OPPORTUNITIES FOR SMEsFocus on: Joint Ventures | Technology Transfers | Contract Manufacturing | Investment

Seminar on


Address by Speakers

Mr. Mihir Shah

“Incentives and Benefits for Export”

– Partner, Universal Connection addressing the

delegates on

Mr. Shyam Sharma

“Standard & Licenses Requirement for Industries”

– Group CMD, Shamkris Group addressing the

delegates on

Mr. Ajay Joseph

“Joint Venture and International Collaboration Opportunities

for SMEs”

– Partner, Veyrah Law addressing the delegates on

Delegates During Q & A Session Delegates During Q & A Session

Mr Hitesh Malhotra

“Trade financing options Pre and Post

shipment finance”

– Sales Head, Trade and Forex - IDFC Bank

addressing the delegates on

Delegates at the Seminar

Event


Interactive Meeting

14 -16 May 2017 | Doha, Qatar

Dignitaries from Qatar

Interactive Meeting With

(L to R) - Founder & President, SME

Chamber of India and India - GCC SME Business Council,

- CEO, Doha Bank Group and - CMD,

Euphoria Technologies Pvt. Ltd., during interactive meeting on 15th

May 2017 at Doha, Qatar


Dr. R.

Seetharaman Mr. Mayur Gohel

( R to L ) - Founder & President, SME

Chamber of India and India - GCC SME Business Council,

- Vice Chairman,

Qatar Chamber and - CMD, Euphoria Technologies

Pvt. Ltd., during interactive meeting on 16th May 2017 at Doha, Qatar


Mr.

Mohammed Bin Ahmed Bin Twar Al-Kuwari

Mr. Mayur Gohel

Dr. Mohammed Bin Johar Al-Mohammed

Mr. Chandrakant

Salunkhe

Mr. Ali Alshamlan

- Board Member, Qatar

Chamber and Vice Chairman, Retaj Group, Qatar,

- Founder & President, SME Chamber of India and India -

GCC SME Business Council and - CEO, Retaj Group,

Qatar during interactive meeting on 16th May 2017 at Doha, Qatar

( R to L ) - Founding Chairman, GORD (Gulf

Organisation for Research & Development),

- Founder & President, SME Chamber of India and India -

GCC SME Business Council and - Director

Marketing & Communications, GORD during interactive meeting on

15th May 2017 at Doha, Qatar

Dr. Yousef Alhorr

Mr. Chandrakant

Salunkhe

Mr. Salah AlAyoubi

(L to R) - Founder & President, SME Chamber of India

and India - GCC SME Business Council, Ambassador of India, Qatar and - President, Indian Business and

Professionals Network, Embassy of India, Qatar during interactive meeting on 15th May 2017 at Doha, Qatar


Mr. P. Kumaran, Mr. K. M. Varghese

Mr. Mayur Gohel - CMD, Euphoria Technologies Pvt. Ltd.,


Shri Shrikant Badve

Exploring emerging market for manufacturing

industries and SMEs in ‘Make in India Initiative’

– CMD, Badve Engineering Ltd. addressing the

delegates on

Shri Alekh C. Rout

Empowering Industries and SMEs –

Initiatives and Strategies of Bank of Maharashtra

– Executive Director, Bank of Maharashtra


Shri Chandrakant Salunkhe – Founder & President, SME Chamber

of India and Maharashtra Industrial and Economic Development

Association (MIEDA) addressing the delegates

Shri Mrugank M. Paranjape

Managing Price

Risk To Ensure Business Margins

– MD & CEO, Multi Commodity

Exchange of India Ltd. addressing the delegates on

Shri Viren Joshi

Driving growth of

Manufacturing & SMEs - Strategies & Initiatives

- CEO & President, Sigma Electric Manufacturing

Corporation Pvt. Ltd. addressing the delegates on

Dr. Rajendra Jagdale – DG & CEO, Science and Technology Park,

Pune addressing the delegates on Technology Transfer and Advanced

Technology opportunities for Manufacturing Industries and SMEs

Inaugural Session

Shri Milind Kale

Finance and investment for better

business growth – Challenges & Hurdles

– Chairman, The Cosmos Co-op Bank Ltd.


Shri Suresh Nair

Role of SBI for

Development of SME Sector

– Deputy General Manager-SME, State Bank of

India (LHO) addressing the delegates on

Event

PUNE INDUSTRY AND SME SUMMITTheme: Strengthening Industries and SMEs for better growth

Organised on 28th April 2017 | The O Hotel, Pune


Shri Arvind Prabhu

Empowering SMEs by

Technology Excellence - Initiatives and Strategies

- Director, SME Technology Development

Centre addressing the delegates on

Ms. Shikha Trivedi Singh -

People are your

Differentiating Assets - Hire Right and Manage Right.

Managing Partner, RNT Consultancy

Services addressing the delegates on

Shri Gagandeep Singh

SME

Funding - Role of Capital Markets

- Assistant Manager - SME, National Stock

Exchange of India Limited (NSE) addressing the delegates on

Shri Ajit Anekar

Legal Assistance for SMEs

- Managing Partner, Auris Legal addressing the

delegates on

Shri Kashinath Katakdhond

Trade Receivables Discounting

System (TReDS) - Advantage for SMEs

- COO, Receivables Exchange of India

Ltd addressing the delegates on

Shri Dinesh Supekar

Tax Landscape for SMEs

- Managing Partner - PwC addressing the

delegates on

Shri Mahesh Salunkhe - Director, SME Chamber of India delivering

the Vote of Thanks

Shri Ashish Arora

Strengthen Workforce for Better

Productivity and Growth

- Managing Director, HR Anexi Pvt. Ltd.


Address by Speakers

Event


Article

DEMONETIZATION BRINGS IN

MAJOR CASHLESS OPTIONS FOR SMEs

Our Prime Minister’s bold step of

came as a

surprise to everyone, especially

when a large portion of the economy is run

on cash, that too in last quarter of the

calendar year. The replacement of currencies

of old and high denominations will take time

and this slows down the spending process.

The limited cash with the individuals or with

a firm will restrict traders and organizations

as the traditional way of spending

habituated by us is restricted now.

With the sudden Demonetization the flow of

currency from the economy was hit badly

and it had affected the consumption,

investments, the normal business of traders

and even employments. Our Country’s

unorganized sectors employ majority of

workers and cash is the dominant mode of

payments in these sectors. The sudden

disruption of this flow of money in the

economy has led to the livelihood of the

weaker sections of the society and also

adversely affecting the employments of the

unorganized low income groups.

According to the Ministry of MSME, the SME

sector contributes around 45% our

country’s industrial output, 40% of India’s

Exports which employs roughly 60 million

people and creates around 1.3 million jobs

annually and produces good quality

products for our domestic and International

markets. An adverse impact on this sector

actually robs the whole economy from its

normal production level and growth targets

which ultimately resulted in maximum

suffering to the lower and middle income

sections of the society.

But the hope lies in the long term positive

influence of Demonetization on our daily

lives and the economy at large. On the

brighter side, Demonetization has opened

up an ocean of opportunities for IT sectors to

assist in moving from cash to

. This requires lot of advanced

steps and innovative methods to make all

transactions as cashless for credit & debit

cards, mobile applications, wallet payments

and all other types of transactions involved

therein. Truly speaking this has taken our

country ahead by 5 to 7 years in cashless

transactions when we compare with other

developing countries. This is really a game

changer in the world of mobility payments

and it is a matter of time that people will get

adjusted to this new order.

Rationalization of taxes will encourage

people to spend without having the fear of

taxes, which is currently seen as systematic

'loot' with minimum or no returns.

As the repayments are done through banking

channels it is noticed that there is quite good

improvement in quality of services and more

customers have already started routing their

business remittances as per the schedules

through banks. Demonetization would

induce reliance on internet banking and

digital transactions which ultimately lead to

the lower operating costs for Banks/ NBFCs

and bring down the cost of funds and interest

rates on loans.

The lending sector, which is normally

challenged by the appraisal methodology for

such SME sector due to the anomaly between

facts and figures and will facilitate to assess

properly and better control for lending

proposals to the SME sector. Like any main-

steam NBFCs, Capri Global Capital Ltd, really

help in sanctioning the Loans in a swifter and

bolder method thereby resulting in better

transmission of credit to the members of

SME Chamber of India and various other

customers.

Article is Complied by

.

‘Demonetization’

‘cashless

economy’

Capri Global Capital

Ltd


Article

The Insolvency and Bankruptcy

Code, 2016 (the "Insolvency Code,

2016") had received the assent of the

President of India on May 28, 2016. There

have been certain material developments

around the Insolvency Code, 2016 in last few

days wherein the major provisions relating

to the Insolvency Code, 2016 have been

brought into force.

To start with, the provisions relating to the

setting up of the Insolvency Professional

Agencies ("IPA") and Insolvency Professional

("IP") got notified. In this respect, the

Insolvency and Bankruptcy Board of India

("IBBI"), vide a notification dated November

21, 2016, has notified the Insolvency and

Bankruptcy Board of India (Insolvency

Professional Agencies) Regulations, 2016

and the Insolvency and Bankruptcy Board of

India (Model Bye-Laws and Governing Board

of Insolvency Professional Agencies)

Regulations, 2016 which inter alia govern

the procedure of registration of IPA with IBBI

and mandates the IPA to adopt bye-laws,

respectively. The IBBI has also notified the


(Insolvency Professional) Regulations, 2016,

by way of a notification dated November 23,

2016, which inter alia provide for the

procedure of appointment and registration

of IP. Presently, several IPs and three IPAs

namely, Indian Institute of Insolvency

Professionals of ICAI, New Delhi, ICSI

Insolvency Professionals Agency, New Delhi

and Insolvency Professional Agency of ICAI,

New Delhi, have been registered.

In the initial phase, the provisions relating to

the insolvency process of the company,

limited liability partnership ("LLP") and

other body corporate have been notified.

However, provisions relating to liquidation

process, voluntary liquidation and fast track

corporate insolvency process for the

corporate person have not been notified as

yet – which we expect to get notified in near

future. In the later phase, provisions relating

to bankruptcy process for individuals and

partnership firms will get notified. In respect

to the insolvency process for corporate

persons, the IBBI has, vide a notification

dated November 30, 2016, also notified the


(Insolvency Resolution Process for

Corporate Persons) Regulations, 2016

("IRPCP Regulations, 2016"), which came

into force on: December 01, 2016.

In order to initiate any process for insolvency

resolution, an applicant is required to file an

application with the Adjudicating Authority

under the Insolvency Code, 2016 and

therefore, the Ministry of Corporate Affairs

("MCA") has come up with the Insolvency

a n d B a n k r u p t c y ( A p p l i c a t i o n t o

Adjudicating Authority) Rules, 2016 ("AAA

Rules, 2016"), which duly provide for such

filings related framework.

For ease of reference, we have set out herein

below the important provisions of the

Insolvency Code, 2016, which have been

notified and brought into force:

Date of Section 199 to Section 205 deal with

the provisions relation to the Registration

and functions of the IPA, Section 206 and 207

provides for mandatory registration of IP

with IPA and IBBI (both inclusive), Section

217 to 220 (both inclusive) deals with the

provisions with regard to the inspection and

investigation of an IPA and an IP and / or

Information Utility, in the event of a

complaint made by a person.

IBBI has been acting proactively for

enforcing the provisions of the Insolvency

Code, 2016 and has brought into force many

operative provisions of the Insolvency Code,

2016 and regulations thereof. It is pertinent

to note that the insolvency process provides

for strict time line of 180 days from the date

of admission of application (which is

extendable up to 90 days) within which the

lengthy insolvency resolution process needs

to be completed, failing which, the corporate

person will face liquidation. However, there

are currently several logistical issues such as

lack of members and infrastructure at NCLT

level.

Further, the framework of "information

utility" has also not been set up as yet. Due to

aforesaid issues and various other practical

difficulties, it will be interesting to see

whether the strict time line can be adhered

to.

Since any creditor having a minimum default

amount of Rs.1,00,000 against a corporate

debtor may approach the NCLT for initiation

of insolvency resolution process and on the

other hand, a corporate debtor, being one of

the Corporate Applicant, may also apply for

insolvency resolution process, in order to

take the benefit of the moratorium, we

envisage that NCLT may be flooded with such

applications from the creditors as well as the

corporate debtors.

INSOLVENCY AND

BANKRUPTCY

CODE, 2016

Contributed by: Ashish Parwani & Hitesh Agrawal & Suchita Sharma - Rajani Associates


Shri G. S. Rana

“Fueling finance & investments

for SME growth”

- DGM (SME), State Bank of India - Maharashtra & Goa

Circle addressing the delegates on

Shri Anto Alan

“Role of IDFC Bank for the growth of SME”

- National Head, IDFC Bank Ltd. addressing the

delegates on


of India and Mumbai Business Forum delivering the Welcome

address

Welcome Address Keynote Address

Ms. Trupti Salvi – General Manager, M S logistics addressing the

delegates

Shri Anand Sabale

“Analytics for SMEs”

– Managing Partner, Sabale & Parkhi Consulting

LLP addressing the delegates on

Ms. Nadia Noorani

“Importance of Business Planning and Business

Valuation”

– CFA, Skylark Finance services addressing the

delegates on

Shri Sharad Mali

“Trade Marks & other IP and Receivables for SMEs”

– Founder, LDM Legal addressing the delegates on

Shri R. B. Gupte – Director, MSME Development of Institute, Mumbai,

Ministry of MSME addressing the delegates

Address by Speakers

Event

SME BUSINESS MEETNetworking | Promotion | Marketing | Branding | Partnership

Organised on 25th March 2017 | Hotel Holiday Inn, Mumbai


Event

Delegates at the Conference

Smt Anamika Dikshit

“Importance of Branding &

Marketing for SMEs”

– MD, YRSK Marketing & Branding Solutions

Pvt. Ltd. addressing the delegates on

Smt. Divya Momaya

“Corporate Structures – Implications & Advantages

for SMEs

– Partner, SVVS & Associates addressing the

delegates on

Address by Speakers

Q & A Session

Networking Session


Event

Question and Answer Session

Delegates asking Questions to the Speakers Delegates asking Questions to the Speakers

Shri Shrikant Badve – CMD, Badve Engineering Ltd. addressing the

delegates questions

Shri Kashinath Katakdhond - COO, Receivables Exchange of India

Ltd addressing the delegates questions

Delegates at the Summit


Article

MSMEs are the backbone of Indian Economy and

despite the important role played by them in

country’s overall economic growth, continue to

face constraints in obtaining adequate finance, particularly in

terms of their ability to convert their trade receivables into

liquid funds.

A Committee on Financial Sector Reforms (FSR), headed by

the former Governor, Reserve Bank of India (RBI), Dr.

Raghuram Rajan, in 2008, in its report “Hundred Small Steps”

recommended setting up of an Electronic Bill Factoring

Exchanges, whereby MSME bills against large companies

could be accepted electronically and auctioned, to ensure

prompt realisation of trade receivables at competitive rates.

Based on the FSR Committee recommendations, SIDBI in

collaboration with NSE, had taken the initiative to set up an E-

discounting platform to support financing of MSME

receivables. The platform was named NTREES (Trade

Receivables Engine for E-discounting, Prefix ‘N’ stands for NSE

and Suffix ‘S’ stands for SIDBI). The NTRESS platform is based

on the reverse factoring model, where credit exposure is taken

by large Purchaser / Corporates, who offer the invoices drawn

by its MSME suppliers for discounting and SIDBI as the

Financier discounts the same and credits the proceeds to

MSMEs’ bank accounts through RTGS. The platform is

designed based on the Mexican model (National Financiers –

NAFIN) for bidding of MSME receivables.

Trade Receivables Discounting System (TReDS)

To facilitate setting up of an Electronic Bill Factoring Exchanges, RBI issued guidelines related to Trade Receivable Discounting

System (TReDS) on December 3, 2014. TReDS is an institutional mechanism for facilitating the financing of trade receivables of

MSMEs through multiple financiers through auction. TReDS will enable MSMEs to auction their receivables at competitive rates

through a transparent bidding process with multiple financiers participating in the auction. The main objective of the TReDS

platform is to address the critical needs of MSMEs i.e. the twin issues of promptly en-cashing receivables and eliminating credit

risk.

Eligibility Criteria for MSMEs

The eligibility criteria for MSMEs to join the TReDS platform as Sellers is given below:

Service SectorManufacturing Sector

(Investment in Plant and Machinery) (Investment in Equipment)

Micro Does not exceed Rs. 25 Lakh Does not exceed Rs. 10 Lakh

Small More than Rs. 25 Lakh but does not More than Rs. 10 Lakh but does not

exceed Rs. 5 Crore exceed Rs. 2 Cr ore

Medium More than Rs. 5 Cr ore but does not exceed More than Rs. 2 Cr ore but does not

exceed Rs. 10 Crore Rs. 5 Crore

Trade Receivables Discounting System (TReDS)


Article

Small and Medium Enterprises is a critical cog in the

development of any nation especially for a developing

economy like ours. SMEs embody entrepreneurship

and are considered as bedrock of change & innovation. The

ideas the new entrepreneurs bring in are more instrumental

in the economic growth, productivity and prosperity of the

nation.

SMEs are small in size and nimble footed. They are also better

placed to meet the demands in remote and less developed

areas. They are instrumental in reducing regional disparities.

Normally SMEs also create more widespread and balanced

distribution of wealth. They are also typically more labour

intensive and their growth results in higher employment

opportunities, income growth and faster poverty alleviation.

Their growth triggers a positive feedback loop, bringing many

new supporting industries in the region, thereby facilitating

the overall development of the region. Their progression is

critical for sustainability and development of the nation.

At times, ad hoc regulatory changes and economic volatility

brings along both challenges and opportunities. SMEs lack

strategic direction and easy accessibility to financial services

& investment capital that can help them to capitalize on such

impending opportunities or address challenges thereof. They

also do not have proper technical know-how and

infrastructure to meet the stringent requirements of large

MNCs or Financial Institutions.

At the same time MNCs and Financial institutions lack the

knowledge and bandwidth required to suitably assess the

opportunities and risks presented by an SME. Many times, due

to their risk aversion factor to this sector, these Financial

Institutions miss out on a worthwhile investment

opportunity.

SMEs CRITICAL FOR DEVELOPMENT

This article is complied by Capital Square Group


Shri Nanasaheb Patil – Former Principal Secretary, Government of

Maharashtra addressing the delegates

Shri Chandrakant Salunkhe – Founder & President, Maratha

International Business Association addressing the delegates

Keynote Address Theme Presentation

Inauguration of the Meet

Dr. D. Y. Patil MARATHA ENTREPRENEURS

MEET. Shri Chandrakant Salunkhe

Shri Nanasaheb Patil

Shri Prakash Rane

– Former Governor, Bihar, Tripura & West Bengal and Founder, D.Y. Patil Group, inaugurating the

Others (L to R) – Founder & President, Maratha International Business Association & Maharashtra

Industrial and Economic Development Association, – Former Principal Secretary, Government of Maharashtra and

– Chairman & Managing Director, ABM Knowledgeware Ltd.

Event

organised on 11th February 2017 | Hotel Hilton Mumbai International Airport, Mumbai

MARATHA ENTREPRENEURS MEETTheme : Integration & Strengthening of Maratha Entrepreneurs for Better Growth

Conference on

Inaugural Address

Dr. D. Y. Patil

Shri Sangram Patil Shri Arvind Sonmale

Shri Chandrakant Salunkhe

Shri Prakash Rane Shri Mahesh Deshmukh

Shri Bhalchandra Rane

– Former Governor, Bihar, Tripura & West Bengal and Founder, D.Y. Patil Group delivering the inaugural address. Others (L to R)

on the dais – MD, Marvelous Engineers Pvt. Ltd., MD & CEO, Sustainable Agro-commercial

Finance Ltd. (SAFAL), – Founder & President, Maratha International Business Association & Maharashtra

Industrial and Economic Development Association, – CMD, ABM Knowledgeware Ltd., CMD,

Chetas Control Systems Pvt. Ltd. and Vice Chairman & MD, Urmila Chemopharma (Pvt) Ltd.

–

–

–

Jointly Organised by Supported by

SME CHAMBER OF INDIAMARATHA INTERNATIONAL

BUSINESS ASSOCIATION

MAHARASHTRA INDUSTRIAL ANDECONOMIC DEVELOPMENT ASSOCIATION


Event


Shri Sangram Patil

Shri Arvind Sonmale Dr. Ram S. Sangapure

Shri Prakash Rane Shri Mahesh Deshmukh

Shri Bhalchandra Rane

– Founder & President, Maratha International Business Association & Maharashtra Industrial and Economic

Development Association addressing the delegates during the panel discussion. Others (L to R) – Managing Director,

Marvelous Engineers Pvt. Ltd., – MD & CEO, Sustainable Agro-commercial Finance Ltd. (SAFAL),

– Executive Director, Punjab National Bank, – CMD, ABM Knowledgeware Ltd., – CMD, Chetas

Control Systems Pvt. Ltd. and – Vice Chairman & MD, Urmila Chemopharma (Pvt) Ltd.

Panel Discussion on

STRENGTHENING MARATHA ENTREPRENEURS & START-UPs FOR BETTER GROWTH

- STRATEGIES AND INITIATIVES

Shri Sangram Patil – Managing Director, Marvelous Engineers Pvt.

Ltd., addressing the delegates

Shri Arvind Sonmale – MD & CEO, Sustainable Agro-commercial

Finance Ltd. (SAFAL), addressing the delegates

Dr. Ram S. Sangapure - Executive Director, Punjab National Bank

addressing the delegates

Shri Bhalchandra Rane Vice Chairman & MD, Urmila

Chemopharma (Pvt) Ltd. addressing the delegates

–

Shri Prakash Rane – Chairman & Managing Director, ABM

Knowledgeware Ltd. addressing the delegates

Shri Mahesh Deshmukh Chairman & Managing Director, Chetas

Control Systems Pvt. Ltd., addressing the delegates

–

Address by Panelists


MARATHA BUSINESS

EXCELLENCE AWARDS

The Awards was presented by the hands of Dr. D. Y. Patil

Dr. Ram S. Sangapure Shri Chandrakant Salunkhe

– Former Governor, Bihar, Tripura & West Bengal and Founder, D.Y. Patil Group. In

the presence of Executive Director, Punjab National Bank and – Founder & President,

Maratha International Business Association & Maharashtra Industrial and Economic Development Association

–

MARATHA BUSINESS EXCELLENCE AWARD presented to Shri

Mahesh Deshmukh – CMD, Chetas Control Systems Pvt. Ltd., Pune for

Exemplary contribution in Manufacturing Sector.

MARATHA BUSINESS EXCELLENCE AWARD presented to Dr. Swapnil

Bachchhav – CMD, Richfield Fertilisers Pvt. Ltd., Nashik, for

Exemplary Innovation in Agriculture & Horticulture.

Certificate of Merit - MARATHA BUSINESS EXCELLENCE AWARD

presented to Shri Mahendra Yadav – CMD, Accurate Powertech Pvt.

Ltd., Pune, for Exemplary contribution in Service Sector.

Delegates During Award Presentation Ceremony


Ankush Asabe – CMD, Shree Venkatesh Buildcon Pvt. Ltd., Pune, for

Exemplary contribution in Realty Sector.


Sangram Patil – CMD, Marvelous Machinist Pvt. Ltd., Kolhapur, for

Exemplary contribution in Manufacturing & Export Sector.


Prakash Rane – CMD, ABM Knowledgeware Limited., Mumbai for

Exemplary contribution in IT Sector.

MARATHA BUSINESS EXCELLENCE AWARD presented to Shri Nilesh

Chavan – Managing Director, Scon Projects Pvt. Ltd., Pune for

Exemplary contribution in Infrastructure Development.

Endorsed by

MAHARASHTRA INDUSTRIAL ANDECONOMIC DEVELOPMENT ASSOCIATION

Presented by

MARATHA

INTERNATIONAL BUSINESS ASSOCIATION

Event

11th February 2017 | Hotel Hilton Mumbai International Airport


Event

Group Photo with Panelists

Dignitaries (L to R) – CMD, Shree Venkatesh Buildcon Pvt. Ltd., Pune, – CMD, Accurate Powertech

Pvt. Ltd., Pune, – CMD, Marvelous Machinist Private Limited, Kolhapur, – MD & CEO, Sustainable

Agro-commercial Finance Ltd. (SAFAL), Mumbai, – Founder & President, Maratha International Business

Association & Maharashtra Industrial and Economic Development Association, – Former Principal Secretary,

Government of Maharashtra, Sangli, – Former Governor, Bihar, Tripura & West Bengal and Founder, D.Y. Patil Group, India,

– Executive Director, Punjab National Bank, – CMD, ABM Knowledgeware Limited, Mumbai,

– CMD, Chetas Control Systems Private Limited, Pune, – Vice Chairman & MD, Urmila

Chemopharma (Pvt) Ltd., Thane, – Managing Director, Scon Projects Private Limited, Pune and –

CMD, Richfield Fertilisers Pvt. Ltd., Nashik.

Shri Ankush Asabe Shri Mahendra Yadav

Shri Sangram Patil Shri Arvind Sonmale


Shri Nanasaheb Patil

Dr. D. Y. Patil Dr.

Ram S. Sangapure Shri Prakash Rane Shri

Mahesh Deshmukh Shri Bhalchandra Rane

Shri Nilesh Chavan Dr. Swapnil Bachchhav

Group Photo with Awardees

Delegates at the Event


Event

Smt. Shivani Bhasin

How Private Equity provides an

ecosystem to generate star performers?

– Partner, India Alternative Private Equity Fund


Smt. Sangeeta Modi

Private Equity Investment

Opportunity – Formalities and Procedures

– Partner, Access Asset Managers Pvt. Ltd.



of India and Start-Ups Council of India delivering the Welcome

address

Welcome Address Keynote Address

Shri Dhritiman Hui

Evaluation strategies from Investors towards SMEs

for Investments

– Tuscan Ventures Pvt. Ltd. addressing the

delegates on

Shri Sridhar Rampalli

Family office for SMEs

– Advisor, Sun Capital addressing the

delegates on

Shri Dilip Dusija

Types of PE Fund Investors

and their Objectives

– Executive Director – Private Equity, Ernst &

Young LLP addressing the delegates on

Shri Ajay Joseph

VC / PE Investment in SMEs – Legal &

Commercial Nuances

– Partner, Lakshmikumaran & Sridharan


Shri Imran Jafar

Private Equity financing for SMEs – Key

Considerations and Process

– Partner, Gaja Capital addressing the delegates on

Introduction to

Address by Speakers

Conference on

VENTURE CAPITAL AND PRIVATE EQUITY FOR SMEsOrganised on 8th February 2017 | Hotel Sahara Star, Mumbai


Event

Shri Ajit Nair

Preparation of Viable and Attractive Business Plan

– Founder & CEO, Knowbility Corp. addressing the

delegates on

Delegates during Q & A Session

Shri Varun Didwania

Family Office –

Advantage and Benefits for SMEs

– Vice President, Helix Investments

Management LLP addressing the delegates on

Shri Ashish Fafadia

Early stage Tech Venture Capital side

– CFO, Blume Venture addressing the delegates

on

Shri. Brijesh Shetty

Technical part for VC funding

– Partner, Liger Consultancy addressing the

delegates on

Shri Yuvraj Kotian

Why SME needs Valuations?

– Partner, Liger Consultancy addressing the

delegates on

Address by Speakers

Delegates at the Conference


Article

As per Notification dated February 17, 2016 of the

Government of India, Ministry of Commerce and Industry,

Department of Industrial Policy and Promotion ("DIPP"),

number G.S.R. 180(E), published in the Gazette of India,

Extraordinary, part II, section 3, sub-section (i), dated February 18,

2016, 'Startup' shall mean a company in which the public are not

substantially interested and which fulfills the following conditions:

The guidelines issued by the Reserve Bank of India attract foreign

funds for the Startup companies. It promotes the financial and

growth of the organization. The startup are able to access foreign

currency loans up to USD 3 million a year from overseas lenders

under ECB (External Commercial Borrowings) route either in Indian

Rupees (INR) or any foreign currency or combination of both. The

ECBs are considered as very competitive source of financing as

compared to domestic funds. The new RBI guidelines will definitely

improve the ability of Startups to raise low cost funds making their

business more economically viable.

ECB is a financial instrument used by companies to access foreign

funds for their business requirements. This is regulated by

Department of Economic Affairs, Ministry of Finance, the

Government of India in co-ordination with the Reserve Bank of India.

As per the RBI guidelines only permitted resident entities are eligible

to raise ECBs from recognized non-resident entities. The following

ECB frame-works are in use to raise funds for the Country:

There is vast difference between ECB and Foreign Direct Investment

(FDI). It is different in the sense of financing other than equity. If

foreign currency is used to finance equity capital, it will be termed as

FDI. Investments that are made towards the core capital of an

organization, such as equity shares, convertible preferences shares

or debentures, and any other direct capital are not termed as ECBs. It

may be noted that except FCEBs (permitted only under the approval

route) all other forms of ECBs can be availed of both under the

automatic and approval routes. ECBs can be used for the specified

purpose only as permitted by the RBI and not for investment in stock

markets or speculations in real estate.

It may be noted that except FCEBs (permitted only under the

approval route) all other forms of ECBs can be availed of both under

the automatic and approval routes.

ECBs can be used for the specified purpose only as permitted by the

RBI and not for investment in stock markets or speculations in real

estate.

RBI vide A.P. (DIR Series) Circular No. 32 dated November 30, 2015

announced the revised ECB Framework for other sectors in India. As

per this, ECBs have been segregated broadly into following three

tracks:

All the parameters and terms and conditions under the revised ECB

framework have been in line with the above categories of tracks.

ECBs offer ease for Indian companies to do business with

overseas companies, as they have to pay them in foreign currency.

Cost of funds borrowed from overseas markets may be cheaper

than domestic funds.

Borrowers can also diversify their investor base as the ECB route

opens up international markets to them.

Now ECB users have been benefited by the relaxation of rules by our

Reserve Bank of India under the approval process and now it allows

companies to use this route freely but submit approval plans only

when borrowings have a certain threshold limit.

incorporated or registered in India not prior to five years;

its turnover for any of the financial years has not exceeded Rs.

250 million; and

it is working towards innovation, development, deployment

or commercialization of new products, processes or services

driven by technology or intellectual property;

provided that such an entity is not formed by splitting up or

reconstruction of an already existing business.

Bank debt

Secured instruments

Buyers credit.

Suppliers credit

Foreign Currency Convertible Bonds

Financial Lease

Foreign currency Exchangeable

Track I :Medium term foreign currency denominated ECBs

with Minimum Average Maturity (MAM) of 3/5 years

Track II :Long term foreign currency denominated ECBs with

MAM of 10 years

Track III :Indian Rupee denominated ECBs with MAM of 3/ 5

years

Benefits of ECBs

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START-UPS AND

EXTERNAL COMMERCIAL

BORROWING (ECB)This article is complied by Shri Om Prakash Agrawal - Director,

Investment Banking, SMC Capitals Limited, New Delhi



Shri Haribhai

Chaudhary

– Founder & President, SME Chamber of India

–

– Hon’ble Minister of State for MSME, Government of India –

delivering the Welcome address and Theme presentation at the

summit. Others (L to R) on the dias MD & CEO, Credit Analysis & Research Ltd (CARE Ratings),

and DMD, Small Industries Development

Bank of India (SIDBI)

Shri Rajesh Mokashi

Shri Ajay Kumar Kapur

Event

organised on Monday, 9th January 2017 | Hotel Hilton Mumbai International Airport

INDIA SME BUSINESS SUMMITTheme : Supporting SMEs for better business growth

Conference on

Inauguration of the Summit

Shri Haribhai Chaudhary Others (L to R) Shri Rajesh

Mokashi Shri Chandrakant Salunkhe


Hon’ble Minister of State for MSME, Government of India inaugurating the Summit.

MD & CEO, Credit Analysis & Research Ltd (CARE Ratings), – Founder & President, SME Chamber of

India and DMD, Small Industries Development Bank of India (SIDBI)

–

–

–

Welcome Address & Theme Presentation by

Shri Haribhai Chaudhary

Shri Rajesh Mokashi Shri Chandrakant Salunkhe


Hon’ble Minister of State for MSME, Government of India delivering the inaugural address at the summit Others

(L to R) on the dias MD & CEO, Credit Analysis & Research Ltd (CCARE Ratings), –

Founder & President, SME Chamber of India and DMD, Small Industries Development Bank of India (SIDBI)

–

–

–

Inaugural Address


Event

Shri Rajesh Mokashi

“Demonetisation –

Impact on Industry & SME sector”

- MD & CEO, Credit Analysis & Research Ltd

(CARE Ratings) addressing the delegates on

Shri Ajay Kumar Kapur -

"Role of SIDBI for the

empowerment of MSME sector”

DMD, Small Industries Development Bank

of India (SIDBI) addressing the delegates on

Keynote AddressSpecial Address

Plenary Session – I

Sustainable Growth of SMEs – Challenges & Opportunities

Plenary Session – II

Strengthening SMEs – Support, Advantages, Incentives, Facilities and Services

Penalists (L to R) Shri S. P. Jain Shri B.V. Borhade

Shri Bipin Menon Shri Ravi

Tyagi

- Managing Director, Sun Capital Advisors, - Jt. Commissioner, Sales Tax, Maharashtra State,

Government of Maharashtra, - Director (Foreign Trade), Department of Commerce, Government of India and

- MD & CEO, SIDBI Venture Capital Ltd.

Penalists (L to R) Shri Sameer Maniar Shri Gagandeep Singh

Shri Kashinath Katakdhond Shri

Gaurav Varshney

Sr. Manager – Tax & Regulatory, Deloitte Shared Services India LLP, – Asst.

Manager – SME , National Stock Exchange of India Ltd., – COO, Receivables Exchange of India Limited and

Director & Product Head - IDFC Bank.

–

–

Delegates at the Summit


www.mumbaibusinessforum.com

Registered and Head OfficeC/O. Maharashtra Industrial and Economic Development Association

3, Ground Floor, Samruddhi Venture Park, SEEPZ - MIDC Central Road, Andheri (E) Mumbai - 400 093.Tel : 022- 6150 9800 / 6667 4444 | Email : [email protected] | Website: www.mieda.in

Chandrakant SalunkheFounder & President, Mumbai Business Forum

Chandrakant Salunkhe

MUMBAIMUMBAI BUSINESS FORUMBUSINESS FORUMAn Interactive Platform for Business Connectivity & Growth

“Entrepreneurs, Industrialist, CEOs of Corporate, MNCs & FIs, SMEs and Start-ups”

An Interactive Platform for Business Connectivity & Growth

“Entrepreneurs, Industrialist, CEOs of Corporate, MNCs & FIs, SMEs and Start-ups”

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Interaction and Networking

Business Opportunities and Business Conversations

Knowledge and Education

Round Table Discussions

Mentoring,

Experts Talks and Debates

Exchange of New Business Ideas and Concepts

Branding, Marketing, Promotion

Growth and Success Stories

Objectives

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Integration of

Connectivity with large Corporate, MNCs and FIs

Interaction with top CEOs, Policy Makers & Bankers

Identification of Investment Partners

Support to expand business contacts

Guidance to set up New Business and Expansions

Business Transformation and Succession Planning

B2B with visiting overseas delegations

Exchange business ideas and new concepts

Recommendations and Business referrals

Focus on Policy, Schemes and Incentives

Integration of Members from family businesses group

Finance, Investment, Venture Capital & Private Equity

Advance Technology and Manufacturing Excellence

Brand Building and Business Promotion

Guidance to Young and Women Entrepreneurs

Entrepreneurs, Start-Ups

Explore Emerging Business Opportunity

Deliberations on issues of Industry and SMEs

Focus On

Initiated by Co-Partner Co-Partner

Shri CH. Vidyasagar Rao

MUMBAI BUSINESS

FORUM Shri Rajeev Kumar Agrawal

Shri Deepak Kesarkar

Shri Subhash Desai

Shri Chandrakant

Salunkhe

ShriArun Tiwari

– Hon’ble Governor,

Maharashtra launching the

. Others (L to R) –

Whole Time Member, Securities and Exchange Board of

India (SEBI), – Hon’ble Minister

of State for Finance & Planning, –

Hon’ble Minister for Industries,

– Founder & President, SME Chamber of India

and Maharashtra Industrial and Economic Development

Association (MIEDA) as well as Founder of Mumbai

Business Forum and – Chairman & MD,

Union Bank of India.

Launching of Forum

MAHARASHTRA INDUSTRIAL AND

ECONOMIC DEVELOPMENT ASSOCIATION

®

IITC-INDIA

INDIA INTERNATIONAL TRADE CENTRE(Investment & Trade Promotion Organisation)

START UPsCOUNCIL OF INDIA

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Business advisory servicesBusiness, supply & procurement opportunitiesConnectivity with buyers, manufacturers and suppliersProcurement support in PSUs and MNCsMarketing and distribution in IndiaCertification of evaluation of capacity of the companySupport for listing on SME stock exchangeIdentifying potential investors and business partnersSetting up manufacturing unitsRedressal of issues & problems of industry

SUPPORT & ASSISTANCE

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Trade promotional programs and events

Interaction with banks, MNCs and Govt. officials

International conferences & seminars

Roundtable discussions and mentoring sessions

Inbound and Outbound investment promotions

Channelise finance and investment

Strategic business alliances with overseas SMEs

Marketing, branding and promotion

Awareness about government incentives & policies

Delegations and study tours

Research and market survey

Exhibition and trade fair services

Resolving issues & problems with appropriateauthorities

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Integration of entrepreneurs

Protect business interest of SMEs & Industry

Road map for pragmatic growth of SMEs

Knowledge & Education for capacity building

Interface with government agencies

International business partnership

Entrepreneurship development

Awards and Recognitions

OBJECTIVES

ACTIVITIES

DOMESTIC BUSINESS OPPORTUNITIES

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Channelise Finance from Banks and Financial InstitutionsPrivate Equity and Venture CapitalProject, Export Finance & External Commercial BorrowingsTerm loans in local & foreign currencyVendor finance facilityFactoring and forfeiting servicesFinance facility for participation in InternationalExhibitionsNPA settlements and restructuring stressed SMEs

FINANCE & INVESTMENT

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Export business opportunityBusiness alliances with overseas SMEs and companiesJoint ventures, collaborations and technology transfersBusiness & Investment opportunities in various countriesImport facilitation servicesExport & Import finance facilityContract manufacturing tie-ups with overseas Co’sIdentification of business partners, buyers, importers anddistributorsSourcing raw materials, advanced technology, machinery& equipmentMarketing & distributorship in specific Overseas marketsIdentify industrial land & premisesPromotion and launching of new products & servicesMarket survey and researchInformation on import - export formalities & procedures

INTERNATIONAL BUSINESS OPPORTUNITIES

FOUNDER & PRESIDENTCHANDRAKANT SALUNKHE

Regional Offices: Delhi, Ahmedabad, Bangalore, Pune, Jaipur, Hyderabad, Chennai and BhopalRepresentative Office: USA, UK, Europe, Canada, China, Malaysia, South Korea, South Africa, UAE, Singapore, Bahrain and Hong Kong

The Chamber is a Private Organisation and Registered Under Section 25 of The Indian Companies Act, 1956.

Registered & Head Office

5, Ground Floor, Samruddhi Venture Park, Adjoining Hotel Tunga Paradise,

SEEPZ - MIDC Central Road, Next to Akruti Centre, Andheri (E) Mumbai - 400 093.

Tel: 022 - 6150 9800 / 6667 4444 | Fax: 2825 0414

[email protected] | www.smechamberofindia.com | www.smechamberofindia.org

For Membership, Assistance & Support Services Contact

INVOLVEMENT IN ACTIVITIES

OF THE CHAMBER

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Connectivity & Contact BuildingInteraction with CEOs of Corporate, Banks, MNCs& Government Officials and SMEsSeminars and Training Program for KnowledgeEnhancementJoin Delegations to connect with foreign buyers /investors and to promote exportsPresent issues & problems to appropriate Govt.AuthoritiesIndia SME Excellence Awards for remarkableachievements

Interaction | Networking | Promotion | Branding | PartnershipUnique Platform for SMEs, CEOs, Investors, Buyers, Suppliers and Start-Ups

Interaction | Networking | Promotion | Branding | PartnershipUnique Platform for SMEs, CEOs, Investors, Buyers, Suppliers and Start-Ups

PUNE

Business

Forum

www.punebusinessforum.com

Registered and Head Office

C/O. Maharashtra Industrial and Economic Development Association

3, Ground Floor, Samruddhi Venture Park, SEEPZ - MIDC Central Road, Andheri (E) Mumbai - 400 093.

Tel : 022- 6150 9800 / 6667 4444 | Email : [email protected] | Website: www.mieda.in

Chandrakant SalunkheFounder & President, Pune Business Forum

Chandrakant Salunkhe

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Interaction and Networking

Business Opportunities and Business Conversations

Knowledge and Education

Round Table Discussions

Mentoring,

Experts Talks and Debates

Exchange of New Business Ideas and Concepts

Branding, Marketing, Promotion

Growth and Success Stories

Objectives

Activities

Initiated by Co-Partner Co-Partner

MAHARASHTRA INDUSTRIAL AND

ECONOMIC DEVELOPMENT ASSOCIATION

®

IITC-INDIA

INDIA INTERNATIONAL TRADE CENTRE(Investment & Trade Promotion Organisation)

START UPsCOUNCIL OF INDIA

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Interaction and networking between Entrepreneurs, Start-Ups top CEOs, Policy Makers & Bankers and PotentialBusiness Partners

Connectivity between manufacturers, buyers & suppliers

Exchange & Explore Emerging Business Opportunity oflocal, national & international level

Exchange business ideas and new concepts

Supply opportunity with Corporate, MNCs and SMEs

Identification of Investment Partners

Support to expand business contacts at local, national &international level

Guidance to set up New Business and Expansions

Training for Business Transformation & Succession Planning

Arranging delegations in India and Overseas

Recommendations and Business referrals

Awareness on New Policy, Schemes & Incentives of the Govt

Roundtable on issues and problems of Industries and SMEs

Integration of Members from family managed businesses

Channelising Finance, Investment, VC / PE Funds

Promotion of Advance & Affordable Technology forManufacturing and Service Industry

Guidance to Young and Women Entrepreneurs

Launching of PUNE BUSINESS FORUM at Annual Conference - PUNE INDUSTRY AND SME SUMMIT on 28th April

2017 at Pune. Shri Chandrakant Salunkhe

Shri Suresh Nair

Shri Mrugank M. Paranjape Shri Alekh C. Rout

Shri Shrikant Badve Shri Viren Joshi

Dr. Rajendra Jagdale

Shri Milind Kale

Dignitaries (L to R) - Founder & President, SME Chamber of India and

Maharashtra Industrial and Economic DevelopmentAssociation (MIEDA), - DGM-SME, State Bank of India

(LHO), - MD & CEO, Multi Commodity Exchange of India Ltd., - Executive

Director, Bank of Maharashtra, - Chairman & MD, Badve Engineering Limited., - CEO

& President, Sigma Electric Manufacturing Corporation Pvt. Ltd., - Director General & CEO, Science

and Technology Park, Pune and - Chairman, The Cosmos Co-op Bank Ltd.

Download Membership Form : http://www.punebusinessforum.com/pdf/membership_form.doc

Launching of PUNE BUSINESS FORUM

RNI No : MAHENG / 2011 / 48842