Small businesses are using tech to go global

Stocks

Technology adoption is proving a boon for microenterprises seeking to expand their businesses and become more efficient

Small businesses are using tech to go global

Emerging digital platforms are assisting in closing gaps by providing more tools for microenterprises to become a part of the global ecosystem. (Representative image)

Up until March 2020, Santosh’s (who goes by his first name) small Ikat business in Sambalpur, a weavers’ hub in Odisha, was a thriving enterprise that supported his six-member family. But, as the first wave of COVID pushed the nation into a crippling quarantine his family witnessed, for the first time, how debilitating a pandemic could be. A year later, when the second lockdown struck India, this five-year-old business was almost gasping for air. Assistance, however, appeared in the form…