Invoicemart expects to double volume this fiscalInvoicemart has grown its throughput three times year-on-year in FY22 on the back of the massive adoption of the platform by large corporat...
Invoicemart finances MSME invoices worth $2 billionDigital transformation and adoption of invoice financing platforms like TReDS has helped MSME vendors to get early payments and bounce back...
To strengthen TReDS, Factoring Amendment Bill passed by Lok SabhaFinance minister Nirmala Sitharaman said that the government had also accepted the recommendations by the Standing Committee which had look...
Setback for MSMEs, state-run companies hesitant of adopting TReDS despite govt diktatAt the heart of the problem is the pace at which CPSEs approve invoices, said Sundeep Mohindru, the chief executive officer of M1Xchange, a...
Sidbi extends validity of SCRF to facilitate free onboarding on TReDSA total of 6,545 MSMEs have been given free onboarding facility on TReDS through RXIL, M1xchange and Invoicemart so far.
Axis Bank backed TReDS platform, Invoicemart, reaches Rs 10,000 crore worth of MSME invoice discountingInvoicemart has helped in price discovery for MSMEs across 486 cities and towns in India who are now able to get their bills discounted fro...
Invoicemart, an Axis Bank-backed TReDS platform, surpasses Rs 4,000 cr worth of invoicesThe platform has onboarded close to 2500 MSMEs since its launch in July 2017. It aims to transform the way small businesses fund their grow...
Treading the right path: For cash-starved businesses, TReDS can be an invaluable lifelineA buyer would typically mean a large corporate entity, seller refers to the MSME and the financier implies the bank or NBFC in this transac...
Yeh dil maange more: Indian SMEs root for more sops in interim budgetOP Prahladka, Chairman, EPCH says that while on the one hand the government wants to increase exports, on the other it is reducing the allo...
After liquidity crunch hits NBFCs: It’s good times for invoice discounting companiesOne sector’s woes can be another’s blessing. Invoice discounting firms, from the state-approved TReDS to the fintech firms, are experiencin...
Garden Reach Shipbuilders & Engineers Ltd becomes first defence PSU to go live on TReDS platformThe platform enables discounting of invoices of MSME sellers against large buyers through an auction mechanism, helping prompt realisation ...
Linking with GSTN to give TreDS a big pushIt will increase platform’s usability and can increase the market to Rs 20,000 crore
Bank of Baroda partners with Invoicemart as a TReDS partnerTReDS is an online mechanism that helps MSMEs unlock working capital without the hassle of applying for loans.
Banks want to revive trade & warehouse insurance“Today, banks want collateral for loans which is a huge impediment for MSME finance" : M1 Exchange
Trading platform for SMEs, TReDS, set to take off after three yearsIn just three months of operations, Invoicemart, the Axis Bank-backed TReDS platform, has so far discounted invoices worth Rs 130 crore whi...
State-run companies can step on to TReDS platformOn October 24, the govt made it mandatory for all major public sector units to register on TReDS within 90 days.
Axis Bank-backed TReDS platform clocks invoices worth Rs 100crInvoicemart, a digital invoice discounting TReDS platform, was launched in July by A.TREDS, a joint venture of Axis Bank and B2B e-commerce...