As per Kearney Report on India's Retail Industry, November 2021, there are 80 million retailers in India who account for over 10% of the country’s gross domestic product (GDP) and around eight% of the employment. The report further states that India’s retail industry is projected to grow from US$ 779 billion in 2019 to US$ 1,407 billion by 2026 and more than US$ 1.8 trillion by 2030.

Most of smaller retailers do not have access to any formal sources of credit. MoneyWell aims to empower entrepreneurs in these segments, and bring them into the mainstream financial services. If you’re looking to grow your business and take it to the next level, you may very well need funding that enables you to execute on your business plans.

Funding is the fuel on which a business runs and grows. A business can take different avenues to get funding, and more than one option can be used. MoneyWell is one option that helps small businesses and traders take their businesses to the next level.