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On February 27, 2026, Elpro International Ltd. announced the acquisition of equity shares in Mynd Solutions Private Limited for a cash consideration of ₹11.37 crore (US$1.37m). Mynd Solutions is an RBI-licensed fintech entity operating the M1xchange platform, a Trade Receivables...
#invoice discounting
M1xchange, an RBI-licensed Trade Receivables Discounting System (TReDS) platform, has surpassed INR 1,00,000 crore (US$11.04 bn) in annual throughput during…
#invoice finance
Mynd FinTech, a subsidiary of M1xchange, has launched UFX (Unified Financing Xperience), a consolidated supply chain finance (SCF) platform for…
#supply chain finance