Innovative Platform: M1xchange eases the credit flow to small business

M1xchange, an electronic platform for discounting trade receivables (invoices and bills) for MSMEs has witnessed a significant surge in transaction volumes as an increasing number of smaller businesses are taking advantage of the platform to meet their operational fund requirements…..

M1xchange eyes ₹30,000-cr business in FY23

M1xchange, a digital invoice discounting platform for Micro, Small and Medium Enterprises (MSMes), is eyeing business of ₹30,000 crore in 2022-23, riding on the dramatic scaling up of the TReDS platform in the country in the last two years.

Upgrading and Upscaling MSMEs of UP.

Lucknow: The UP state office of CII along with the global not-for-profit, Wadhwani Foundation, the Financial and Outsourced Service provider, Finance Crafter Enterprises and the online exchange for Trade Receivables Discounting System

India Mart Intermesh Acquires Stake In Mynd Solutions

M1xchange, India’s largest TReDS platform, has secured over INR_324 million in secondary funding from Indiamart Intermesh Limited, in a deal that provided a part exit to SIDBI Venture Capital Limited, an early investor in the company