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India

Indian invoice finance platform raises US$10m led by Amazon

...has raised US$10m in its current funding round, which was led by ... (more…)

#Amazon#M1xchange

Irdai proposes guidelines on trade credit insurance

In order to support trade development and improve economic stability by addressing trade risks... (more…)

#Irdai


RXIL becomes the first TReDS platform to cross monthly...

India’s leading invoice discounting platform for MSMEs, Receivables Exchange of India Limited (RXIL) is the first TReDS platform to discount receivables of…

#RXIL


Mandatory e-invoicing extends to more companies in India

On Monday (8 March 2021), the Indian government made e-invoices mandatory for businesses with annual revenue of over INR 50 crore…

#e-invoices


Indian SCoF recommends to integrate TReDS with GSTN...

The Indian Standing Committee on Finance (SCoF) headed by Jayant Sinha has... (more…)

#GSTN


Indian firm launches supply chain finance platform

Asian B2B commerce company...has announced its foray into... (more…)

#Credlix#Moglix


How blockchain links manufacturers, suppliers and financiers

Covid concentrated attention on supply chains like never before as the pandemic caused massive disruptions. Companies started looking deeper into…

#blockchain


RBI to build stronger supervision for factoring activities

A parliamentary panel has emphasised the need for the Reserve Bank of India (RBI) to ... (more…)

#State Bank of India


PrimaDollar India names new CEO

PrimaDollar, has recently appointed one of its existing leaders from the India operations... (more…)

#PrimaDollar


Indian payments solution firm plans to start invoice discounting

Home grown payments solution unicorn...launched yesterday its... (more…)

#AMEX#digital#financial services


Indian TreDs should initiate reverse factoring solutions to support...

The Trade Receivables and Discounting System (TreDs), begun in 2014, has not really taken off. A platform that essentially discounts…

#bank#platforms#supply chain finance


India central bank’s latest stress tests ring alarm bells...

Investor aversion and strained government finances could complicate the... (more…)

#banks

Drip Capital crosses US$1bn milestone in trade financing for...

Indian SMEs financier Drip Capital has crossed the ... (more…)

#Drip Capital

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