Small and Medium Enterprises (SMEs) play a crucial role in the Indian economy, driving growth even during times of recession. While some SMEs are hesitant to bring in external capital like Private Equity (PE) investors due to fear of losing control, doing so can help the company grow faster. The report discusses different types of equity fund options, the best stage for PE investment, and important considerations when taking on private equity. It also explores alternative funding options for SMEs.