M1xchange reports 150% Growth in H2 FY25
M1xchange, Trade Receivables Discounting System, MSME financing, India’s credit gap, invoice discounting, TReDS registration, financing costs, corporate partnerships, small-to-small financing, micro small and medium enterprises
MSME Onboarding, Policy Support Drive M1xchange’s FY25 Expansion
Buoyed by supportive government policies and a sharp rise in micro, small and medium enterprises (MSME) participation, M1xchange reported a total throughput of over Rs 78,000 crore in FY24-25. The RBI-licensed TReDS platform saw a 100 per cent year-on-year (YoY) increase in invoice discounting, driven by the onboarding of over 20,000 MSMEs and 1,000 corporates, alongside policy mandates requiring large businesses to adopt digital financing tools.
Jindal Stainless Acquires 9.62% Stake In M1xchange To Boost Supply Chain Finance
Jindal Stainless along with its wholly owned subsidiary, Jindal Stainless Steelway has acquired 9.62 per cent stake in M1xchange. This deal involved a combination of primary capital and a secondary purchase of shares from existing shareholders.
M1xchange Reports 150% Growth in Corporate Onboarding, Launches Seamless DIY Digital Buyer On-boarding for Enterprises
M1xchange, India’s leading RBI-licensed Trade Receivables Discounting System (TReDS) platform, has witnessed a 150% growth in corporate on-boarding. Attributing this growth to the government notification mandating enterprises with turnover greater than 250 Crores to register on the TReDS platform. To further accelerate this adoption, M1xchange has launched a Seamless Do-it-yourself (DIY) Digital Buyer On-boarding process, enabling large enterprises with an annual turnover of ₹250 Cr+ to register effortlessly.
Jindal Stainless, Amazon-backed M1xchange surpasses Rs 78,000 crore in invoice discounting, achieves 150% growth in H2 FY25
Backed by Jindal Stainless Limited (JSL) and Amazon, the TReDS platform has witnessed a significant surge in its second half, with throughput increasing by 150 per cent, rising from Rs 32,000 crore in H1 to over Rs 46,000 crore in H2.
RBI draft guidelines on expanding co-lending framework to boost credit for MSMEs: Experts
With MSMEs being a major segment served under the co-lending model in recent years, the draft guidelines, if implemented, will provide credit access to MSMEs that earlier could not qualify under traditional priority sector categories.
Will New MSME Definition Drive Real Growth & Market Access?
India’s micro, small, and medium enterprises (MSMEs) are the unsung architects of economic growth, contributing nearly 30 per cent to GDP and employing over 110 million people. Yet, these businesses remain entangled in a web of delayed payments, limited credit access, and high operational costs, stifling their potential.
Share Market Highlights 7 February 2025: Sensex, Nifty settle lower after RBI cuts repo rate to 6.25%; FIIs continue selling spree
Equity markets closed lower on Wednesday despite the Reserve Bank of India’s first rate cut since May 2020, as investors remained concerned about global trade
Will FM fulfill India Inc and startup CFO expectations in Budget 2025?
As India Inc and startups hope for measures that will drive growth, simplify taxes, and support innovation, will the Budget live up to these high expectations? Here’s a look at what key CFOs are hoping to see in the Budget.
Bank credit to MSMEs growing faster than that to large enterprises: Economic Survey 2024-25
Bank credit to micro, small, and medium enterprises (MSMEs) has been increasing at a faster rate than that to large enterprises across industries, according to the Economic Survey, tabled by Union Finance Minister Nirmala Sitharaman in the Lok Sabha on Friday.