SMEs should keep their business transparent

Harish Gandhi, Executive Director, Canaan partners at the Envisioning the wired SME (small and medium enterprises) conference, organised by The Indus Entrepreneurs (TiE) and IndiaMART.com at the Sheraton, New Delhi, recently said, “SMEs in India operate under a risky market ecosystem. Businesses differ in their micro-environments, risk taking ability, size and scale. With new businesses opening up every day, across the world, establishing themselves as a credible player in the market is one of the biggest issues for SMEs. To sustain in the market, SMEs must have their processes right and keep their transactions transparent.”