RXIL becomes the first TReDS platform to cross monthly amount of INR 1,000 crore


India’s leading invoice discounting platform for MSMEs, Receivables Exchange of India Limited (RXIL) is the first TReDS platform to discount receivables of more than INR 1,000 crore (US$136m) in a month. The growth of transaction volumes from INR 69 crore (US$9.4m) in April 2020, to INR 1,105 crore (US$150m) in March 2021.



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Posted on Apr 6, 2021
Region: India
RXIL, TReDS
RXIL, TReDS