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India

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, small, and medium enterprises (MSMEs) for invoice financing. This initiative allows SBI customers to secure financing against their Goods and...

#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


Lendingkart Raises $10M in external borrowing for MSME lending...

Lendingkart, an MSME lending platform, has secured US$10 million through external commercial borrowing from a BlueOrchard fund. The Non-Convertible Debentures…

#Access to Finance#funding#international


MODIFI and Yubi partner to revolutionise international trade finance...

Yubi, the world's only technology company powering the end-to-end debt lifecycle, has announced a strategic partnership with MODIFI, one of Europe's…

#supply chain finance#Yubi

Vivriti Capital provides INR 400m SCF solution to Source.One

Indian non-banking financial company (NBFC) Vivriti Capital, a specialist financier, has provided INR 400m (US$4.8m) receivables finance solution to Source.One,…

#supply chain finance

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