
PhonePe's Udyam Assist Platform: A Leap Towards MSME Formalization
Published on: Sept. 10, 2025, 2:30 p.m. | Source: Devdiscourse
PhonePe launched its Udyam Assist Platform, providing a digital-first solution for MSME registration. This platform offers micro merchants easy business identity creation, boosting access to financial services. Supported by the MSME Ministry and SIDBI, it aims to formalize informal businesses, fostering economic growth and collaboration with larger enterprises.