Blog 2: How SMEs Can Secure Business Funding in India’s Top Metro Cities

Scaling your business in cities like Mumbai, Delhi or Bengaluru often requires capital. But traditional funding routes—banks, VC—can be tricky. Here’s a complete guide to business funding in India, tailored for Mumbai-to-Chennai SMEs.

FRANCHISE CONSULTING

Rahul Pratap Singh

7/23/20251 min read

worm's-eye view photography of concrete building

1. Common SME Funding Options

TypeProsLimitationsBootstrappingNo dilution, full control Slow growth limit Franchise Consultants fintax24.inBootstraps → Client revenue reinvestmentGovernment Schemes (Startup India / CGTMSE)Subsidized loans, no collateral for eligible applicantsStrict eligibility (turnover limits, audited statements) Wikipedia RedditAngel & VC FundingGrowth capital, mentorship, networkingHigh benchmarks, revenue stage dependent fintax24.inC .A. B.K. Goyal & Co. LLP

2. Startup India, CGTMSE & SIDBI: Metro‑Focused Opportunities

Delhi, Mumbai and Bengaluru startups benefit from local incubation hubs like Atal Incubation Centres and CIIE.CO.
C.A. B.K. Goyal & Co. LLP+3Wikipedia+3Wikipedia+3
CGTMSE offers collateral‑free loans up to ₹5 Cr via government banks for eligible MSMEs.
Wikipedia+2Reddit+299startups.in +2
SIDBI’s Startup India Fund offers ₹7,385 Cr in capital for early‑stage firms.
Wikipedia+1businessinsider.com +1

3. How Franchise Friend Helps

We support you end-to-end:

Build investor pitch decks.
Connect to SBI, BOI, Sidbi, VC networks.
Prepare financials compliant with funding requirements.

4. FAQs

Can an early‑stage brand apply if turnover < ₹1 Cr? Yes—via CGTMSE with revenue projections and team credentials.
What documentation is required? GST returns, ITR, financial models, pitch deck, identity proofs, business plan.