Share India Capital Services Private Limited, a whollyowned subsidiary of Share India Securities Limited has, today, i.e., on Friday, October 04, 2024, entered into a Memorandum of Understanding (MoU) with Centre of Excellence for Aspiring SMEs (CoE), a joint initiative of Federation of Indian Micro and Small & Medium Enterprises (FISME) and IFCI Limited (IFCI), to provide strategic guidance and support to small and medium enterprises (SMEs), facilitating their advancement to medium or large corporate status by arranging appropriate linkages for obtaining external equity and establishing critical business collaborations.
This MoU was entered into, in light of the challenges faced by SMEs in the mature stage to access funds through SME IPO listing and to facilitate progress of SMEs through mutually beneficial cooperation and exchanges.