SME Times is powered by   
Search News
Just in:   • Embedded finance to unlock $25 bn revenue opportunity for India’s platforms by 2030  • Hyderabad fastest-growing among 6 Indian cities amid real estate surge  • Celebration of Indian culture in Brazil: PM Modi  • Delhi chokes under ‘severe plus’ air quality amid dense fog  • High-street fashion players looking at India for manufacturing: Report 
Last updated: 23 Feb, 2021  

Skill.9.Thmb.jpg Upskilling a priority for SMEs: Report

India Industry SME Flag
   Top Stories
» Embedded finance to unlock $25 bn revenue opportunity for India’s platforms by 2030
» Delhi chokes under ‘severe plus’ air quality amid dense fog
» Manipur: HM Amit Shah reviews situation, directs officials to take proactive steps
» India's economy in sweet spot with strong growth, inflation likely to ease: Moody’s
» India’s tech and durables sector sees 13 pc value growth in festive season
SME Times News Bureau | 23 Feb, 2021

Upskilling has become a priority for small businesses this year and majority of the demand for skilling programmes is being received from merchants in Tier II and III cities, a new report said on Tuesday.

Upskilling programmes on digital marketing, finance and fund-raising saw surge in demand while 42 per cent of the learners chose to take up these skilling programmes on their mobile devices, according to Instamojo, a growth gateway platform for Micro, Medium & Small Enterprises (MSMEs).

"Be it digital marketing tools or managing accounts digitally, embracing change in the New Normal is key to business survival for a sector which is traditionally driven. Upskilling will soon become a regular routine for small businesses to help them stay educated about the nuances of business, and grow better," said Akash Gehani, Co-Founder & CEO, Instamojo.

Instamojo's online skilling platform Mojoversity reported a 9 times increase in the active students (small business merchants) count, and an 11 per cent increase in the number of merchants getting digitally certified in the last two quarters of 2020.

"Majority of the demand for these skilling programmes were received from merchants in Tier II and III cities, with Ratnagiri, Raniganj and Kondotty featuring among the top 10 cities in terms of traffic on MojoVersity," the report said.

In 2020, the platform witnessed more than 40,000 new unique visitors, of which 30 per cent were female learners. 42 per cent of the learners chose to take up these skilling programs on their mobile devices.

"Be it digital marketing tools or managing accounts digitally, embracing change in the new normal is key to business survival for a sector which is traditionally driven. Upskilling will soon become a regular routine for small businesses to help them stay educated about the nuances of business, and grow better," said Akash Gehani, Co-Founder and CEO, Instamojo.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Will the new MSME credit assessment model simplify financing?
 Yes
 No
 Can't say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter