Mynd IFSC launches M1NXT in GIFT City to push trade financeMynd IFSC Pvt Ltd has secured approval from IFSCA to launch its ITFS platform, named M1NXT. The platform is aimed at addressing the working...
20 Aug, 2024, 03.05 PM IST
M1 NXT appoints Munindra Verma as CEOM1 NXT, an international trade financing platform, has appointed Munindra Verma as its new CEO. Verma, who previously worked at YES Bank, w...
08 Jul, 2024, 04.18 PM IST
Virat Kohli leases out Gurugram space, may get Rs 1 crore a year in rentAccording to a person familiar with the deal, Kohli had bought the space about a decade ago and since building recently got completed, he l...
06 Mar, 2024, 11.33 PM IST
M1 exchange GIFT city operations to go live in three monthsM1 exchange’s trade platform has already received a licence from the Gujarat GIFT city regulator International Financial Services Centre Au...
14 Sep, 2023, 08.48 PM IST
TReDS platform M1xchange gets Rs 38 crore funding from IndiaMART, BEENEXTTReDS came alive under the Reserve Bank of India's guidance with the intent to remove constraints MSMEs face in obtaining adequate finance,...
16 Nov, 2022, 10.00 AM IST
HDFC Bank inks pact with TReDs platform M1xchangeTReDS system, regulated by RBI, enables MSMEs to auction their trade receivables online and borrow funds from the financial institution whi...
10 Aug, 2022, 10.31 AM IST
HDFC Bank inks pact with TReDs platform M1xchangeHDFC Bank will benefit from partnering with M1xchange with shorter tun-around time and lower administrative costs in booking additional new...
10 Aug, 2022, 06.20 AM IST
Govt asks PSUs to speed up trade receivable compliancesVarious ministries exercising administrative controls over these corporates have been asked to monitor progress and ensure compliance withi...
26 Aug, 2020, 08.50 PM IST
Most CPSEs yet to use TReDS to pay vendorsOnly 32 of the 255 central public sector enterprises (CPSEs) mandated by New Delhi to settle vendor dues on TReDS have made even a single t...
11 Aug, 2020, 12.44 PM IST
TReDS operators seek clarity on moratorium for invoice discountingDistressed companies using the invoice factoring platform TReDS are staring at potential defaults, as the working capital availed by their ...
13 Apr, 2020, 08.02 AM IST
Nasscom picks its top 10 innovative tech firms of 2019he ten startups, which have been picked from Nasscom’s Emerge 50 awards finalists, are from a wide range of sectors including Software as a...
05 Nov, 2019, 08.16 AM IST
TReDS platform M1xchange raises Series-A funding from Mayfield and SIDBI VenturesThis investment will enable M1xchange to invest further into technologies like blockchain, enhance its network and boost business growth fo...
23 Jan, 2019, 12.20 PM IST
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...
20 Nov, 2017, 10.00 AM IST
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.
20 Nov, 2017, 09.14 AM IST
RBI’s trade receivables system to help MSME sectorRBI has decided to come out with TReDS to take the entire bill discounting process online.
24 May, 2017, 10.27 AM IST
RBI grants approval for TReDS; NPCI to be central unit for Bharat bill paymentRBI on Tuesday granted an “in-principle” approval to three companies to set up and operate a new Trade Receivables Discounting System.
25 Nov, 2015, 05.45 AM IST
Sidbi, Axis Bank & others seek exchange-based trading permitThe Reserve Bank today said entities, including Sidbi and Axis Bank, have applied for setting up an exchange-based trading platform to faci...
25 Mar, 2015, 10.36 PM IST