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SaralSCF announces Strong Q1 FY25 results, showcasing robust growth

Supply chain finance platform SaralSCF reported impressive Q1 FY25 results, with over Rs 270 Crore (US$32.3m) disbursed across 30,000 invoices, marking a nearly 30% increase from Q4 FY24. The company’s assets under management (AUM) grew by 30 per cent year-on-year...

#account payables#account receivables#SaralSCF

SBI Unveils 11 new Initiatives to enhance customer services

The State Bank of India (SBI) has introduced 11 new initiatives to enhance its service offerings across various customer segments.…

#SME lending


CredAble launches report on transforming treasury management and optimising...

CredAble, India's leading working capital technology platform, proudly announces the release of its latest whitepaper, "The Business Value of Working…

#working capital


SBI Launches ‘MSME – Sahaj’: digital invoice financing solution...

State Bank of India (SBI) has introduced 'MSME - Sahaj', a new web-based digital business loan solution aimed at micro,…

#bank#digital#invoice


CredAble introduces Revolving Short-Term Loans for working capital finance

CredAble, a leading FinTech specialising in working capital financing, has announced the launch of its new product—Revolving Short-Term Loans, as…

#working capital


Veefin acquires stake in Regime Tax Solutions to boost...

Veefin, a global leader in Supply Chain Finance, announced a strategic stake in Mumbai-based Regime Tax Solutions, a rapidly growing…

#compliance#Raja Debnath#supply chain finance


TIL Ltd and executives fined Rs 2.5 crore for...

TIL Ltd, a material-handling equipment manufacturer, along with its senior management, have been fined Rs 2.5 crore (US$300.6K) for logging fictitious…

#bank#international#management


M1xchange surpasses $12bn in throughput

M1xchange, a TReDS platform licensed by the Reserve Bank of India (RBI) for invoice discounting, announced on Friday that it…

#SME lending


360tf welcomes Peter Mulroy: former FCI Secretary General joins...

In an exciting development, 360tf proudly announces the addition of Peter Mulroy to its Board of Members. Peter brings with…

#Managerial Appointments


CashFlo acquires Logitax, expands its finance automation and compliance...

CashFlo, India's most comprehensive finance automation and compliance platform, today announced its acquisition of Logitax, an all-in-one GST & E-invoicing compliance…

#accounts payable#invoice#management


Tata Motors and Bajaj Finance collaborate for enhanced SCF...

In a bid to improve options and ease of financing for the dealers, Tata Motors Passenger Vehicles (TMPV) and Tata…

#financial services#funding#management


TReDS platform RXIL finances $12bn in invoices

The Trade Receivables Discounting System (TReDS) platform, Receivables Exchange of India Ltd (RXIL), has financed over five million invoices totalling…

#bank#invoice#platforms

C2FO TReDS platform featuring State Bank of India and...

In a significant development, C2FO, the world’s on-demand working capital platform, announced that its TReDS platform, named C2treds has gone…

#working capital finance

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