Invoicemart, India’s largest Trade Receivable Discounting System (TReDS) platform, has sign a Memorandum of Understanding (MoU) with Grameen Foundation for Social Impact (GFSI), a not-for-profit organisation, to create a positive social impact by offering value-added services to women-led micro, small, and medium enterprises (MSMEs) in India. The MoU will also enhance access to the mentoring, guidance, and finance required for women to grow and scale their businesses.
Prakash Sankaran, MD & CEO of Invoicemart,said that empowering women entrepreneurs 'is crucial for the economic development' of India. The parnership aims to finance, guide and support women entrepreneurs 'in driving digital transformation, which they need to succeed in the business world', added the MD & CEO.