Exclusive: Bira maker B9 Beverages delays interest payouts amid liquidity issuesAnkur Jain, founder of B9 Beverages, eyes Rs 800 crore fundraise, in a mix of equity and debt, to boost financial position. Early investors...
07 May, 2025, 08.24 AM IST
KredX secures licence from RBI to operate as a TReDS platformKredX is the fifth company to secure this licence from the central bank. The other four are: Receivables Exchange of India (RXIL), M1 Excha...
09 Jan, 2025, 12.01 PM IST
What is invoice discounting and how does it work?Platforms such as Jiraaf, KredX, Tyke, TradeCred, Leaf Round provide invoice discounting as an investment product to their investors
07 Aug, 2023, 06.30 AM IST
KredX secures final nod to launch cross-border trade financeThe Sequoia Capital and Tiger Global-backed company has successfully conducted live transactions during sandbox testing and has received a ...
02 May, 2023, 10.00 PM IST
KredX plans to disburse Rs 1,500 crore working capital to MSMEs ahead of festive seasonOf the 63.05 million estimated MSMEs in India, about 71 per cent experience a significant increase in sales during the festive season, a Kr...
25 Jun, 2022, 10.52 AM IST
New debt investment products offer high returns but should you invest?There are various advantages of these new age investment platforms as these are professionally managed, have high level of transparency in ...
12 Jan, 2022, 05.39 PM IST
KredX eyes Rs 200-Rs 500 crore corpus to finance emerging startupsThis comes at a time when an increasing number of VC funds are forming a capital pool to meet the demand for debt and structured loans amon...
28 Sep, 2021, 08.12 PM IST
Corporates miss vendor payments, bill discounting platforms see redSeveral large corporates which have issued ‘bills of credit’ are now demanding additional 30 to 60 days to honour their commitment. Accordi...
23 Apr, 2020, 09.29 PM IST
KredX bags $26 million in Series-B roundThe platform works with more than 120 corporate houses such as Tata Croma, Future Group and Vedanta. The company plans to use the fresh cap...
12 Dec, 2019, 08.39 AM IST
Fintech startups like Lendingkart, KredX move towards hybrid lending modelSeveral digital lending companies are moving towards a hybrid model that will have them disbursing loans both on their own as well as throu...
03 Aug, 2017, 08.39 AM IST
Fintech startup Numberz set to raise about $3 million from SequoiaThe Gurugram-based startup had last year raised seed funding from Kae Capital and Khosla Impact.
11 Jul, 2017, 09.07 AM IST
Invoice discounting startup KredX acquires HummingbillKredX’s platform enables small merchants to sell their invoices raised against blue-chip companies at a discount to investors, banks and fi...
02 Mar, 2017, 08.58 AM IST
Note ban-hit investors ditch real estate & gold to fund alternative lending cosBanks and NBFCs are looking to lend via alternative lending platforms following the government's push for digital transactions which is inc...
03 Jan, 2017, 09.21 AM IST
DLAI to present a united front to deal with govt regulationsThe other companies that have joined as members are SME lending players Indifi Technologies, Rubique, KapitalTech, personal loan enablers F...
26 Dec, 2016, 08.32 AM IST
Invoice discounting marketplace KredX raises Rs 40 cr from Sequoia & existing backerFintech has proved to be a lucrative sector for Sequoia Capital with exits like FreeCharge, Prizm Payments and more recently, Citrus.
25 Oct, 2016, 10.50 AM IST
Prime Venture Partners invests in invoice discounting platform KredXFounded in 2015, the founders of KredX include IIT and Stanford alumni Puneet Jain, Manish Kumar and Anurag Jain.
14 Apr, 2016, 07.32 PM IST
Prime Venture Partners invests $750,000 in KredXManish Kumar said invoice discounting is a largely unstructured market, which KredX is looking at tapping into using technology, data and s...
13 Apr, 2016, 12.18 PM IST