💨 Abstract

AI and machine learning technologies can boost the contribution of small and medium enterprises (SMEs) in India's GDP from 30% to 50%, potentially creating 65 million additional jobs, particularly in tier-2 and tier-3 cities, according to the b2b commerce and fintech startup OfBusiness. The company emphasizes the need for AI-enabled platforms to streamline operations, secure business opportunities, and obtain financial solutions.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖