Vision To VictoryAbout the Book It was 2010 and the equity financing route was opened to SMEs through stock exchanges for the first time in Indian History. Traditionally, equity financing was reserved for wellestablished companies, only with SMEs facing stringent eligibility criteria and limited access to capital markets. The aftermath of the 2008 financial crisis underscored the urgent need for alternative financing sources for SMEs. In response, Ajay Thakur, Head of

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