Alternative Mechanisms for Raising finance and Growing Business

June 28, 2025

Over 150 Business Leaders and Chartered Accountants attended MSME Day Seminar on Alternative Financing in Ambala

India

healthysoch

Ambala/Chandigarh, June 28, 2025:

Ambala Branch of NIRC of ICAI celebrated MSME Day on 27th June, 2025 in collaboration with Haryana Chamber of Commerce and Industry Ambala Chapter (‘HCCI’) and ICICI Bank. In a grand observance of MSME Day, more than 150 participants, including esteemed Industry Leaders, MSME Business Owners, and Chartered Accountants, came together at Marrievilla Resort, Ambala Cantt for a high-impact seminar on “Alternative Mechanisms for Raising Finance & Growing Business.” 

The seminar aimed to equip MSME entrepreneurs with knowledge on modern financing options such as Private Equity, SME Stock Exchange, and Venture Capital, seen as crucial tools for business growth in the evolving economic landscape.

The event was inaugurated with a welcome address by Ashawant Gupta, Chairman, HCCI Ambala Chapter, who spoke on the industrial scenario in Haryana and emphasized the importance of exploring alternative finance to support MSME expansion. “In today’s rapidly changing market, MSMEs must move beyond traditional lending and embrace new funding channels to grow and compete,” he remarked.

Keynote addresses were delivered by:

  • CA Supraygae Laul, Ambala – who threw light on the ways and means through which Business Houses and SMEs in tier-two and tier-three cities can benefit from alternative financing mechanisms, offering practical strategies for tapping into private equity and venture capital.
  • CA Amol Kshirsagar, Vice President, Arihant Capital, Mumbai – who provided expert guidance on leveraging the SME Exchange, and shared insights into structuring businesses for successful capital raising and investor readiness.

The seminar also witnessed the presence and contributions of several prominent dignitaries and office bearers:

  • Alok Sood, Secretary, HCCI Ambala
  • Raman Walia, Zonal Head, ICICI Bank
  • CA Gaurav Gandhi, Chairman, ICAI Ambala Branch
  • CA Amit Gupta, Vice Chairman, ICAI Ambala
  • CA Vikas Malhotra, Treasurer, ICAI Ambala
  • CA Atul Jain, Chairman, NICASA
  • CA Anubhav Jain, Executive Member, ICAI Ambala
  • CA A.D. Gandhi, Patron, ICAI Ambala Branch

The event concluded with an engaging networking dinner, fostering valuable discussions among participants and opening avenues for future collaboration between MSMEs and financial institutions.

The overwhelming response from the over 150 attendees underscored the growing interest in alternative financing tools and the critical role of such knowledge-sharing platforms in strengthening the MSME ecosystem.

Stay informed with the latest news from HealthySoch. Sign up today for exclusive insights and updates!

We promise we never spam!

Columnists

HealthySoch

Don't Miss

PR Trends in Rural India During Covid-19 : Dr. Ajai Kumar Agarwal

India healthysoch New Delhi, June 19, 2021 : The COVID-19

Adequate care to the mother and newborn can prevent infant mortality

Quality care for small and sick newborns around the time