New Delhi, Aug. 20 -- The Federation of India Micro, Small and Medium Enterprises (FISME) recently entered into a strategic partnership with WeVaad, an Online Dispute Resolution (ODR) institution, to enhance dispute resolution mechanisms for micro, small and medium enterprises across the country.

The memorandum of understanding was formalised through signatures by Anil Bharadwaj, Secretary General, FISME, and Lata Sethi, Co-Founder, WeVaad.

The collaboration aims to address critical challenges facing MSMEs, particularly payment-related disputes that significantly impact cash flow and operational stability.

According to research conducted by the Global Alliance for Mass Entrepreneurship and Dun & Bradstreet, with support from Omidyar Ne...