M1xchange to nearly double trade receivables in FY26, eyes Rs 500 crore revenue before IPO, says CFO
M1xchange, the Reserve Bank of India (RBI)-licensed Trade Receivables Discounting System (TReDS) platform, is targeting a near doubling of its trade receivables throughput from Rs 78,000 crore in FY25 to Rs 1,25,000 crore in FY26, CFO Vivek Singh Bhakuni said. “Last year we achieved Rs 78,000 crore throughput. This year, we are targeting Rs 1,25,000 […]