IRIS Business Services Ltd Signs MoU with Government of Goa to Support MSME Ecosystem

IRIS Business Services Ltd has signed a Memorandum of Understanding (MoU) with the Department of Industries, Trade & Commerce, Government of Goa, to support the growth of the MSME ecosystem in the state. The MoU, envisioned as a Public Private Partnership (PPP), aims to provide data-led technology-driven solutions to address the problems of MSMEs in Goa, with a particular focus on the low credit deposit ratio. IRIS has also offered to set up an integrated compliance platform to reduce the compliance burden of businesses in the state. The Government of Goa is expected to provide administrative and policy support, ensure a conducive regulatory environment, and facilitate widespread adoption of these digital solutions.