BusinessLineJan 4, 2022Invoicemart reaches ₹10,000 crore worth of MSME invoice discountingInvoicemart, the Axis Bank-backed digital invoice discounting TreDS platform, has registered a record discounting of ₹10,000 crore worth of invoices.In a statement on Monday, the company said it has funded more than 5,80,000 invoices of MSME vendorson the platform.“Supported by their strong tie-up with more than 760 anchor corporates, CPSE, PSUs, banks and NBFC factors, Invoicemart has already guided over 6,900 MSME vendors to register on TReDS and get their bills discounted,” it said.Read more at BusinessLine
Invoicemart, the Axis Bank-backed digital invoice discounting TreDS platform, has registered a record discounting of ₹10,000 crore worth of invoices.In a statement on Monday, the company said it has funded more than 5,80,000 invoices of MSME vendorson the platform.“Supported by their strong tie-up with more than 760 anchor corporates, CPSE, PSUs, banks and NBFC factors, Invoicemart has already guided over 6,900 MSME vendors to register on TReDS and get their bills discounted,” it said.Read more at BusinessLine
