Invoicemart
Information by Research TrustFinance
Invoicemart is an online platform established as a joint venture between Axis Bank Ltd. and mjunction services ltd. Launched in 2017, it operates as a TReDS (Trade Receivables Discounting System) platform under the regulatory framework of the Reserve Bank of India (RBI). The company's primary mission is to address the working capital challenges faced by MSMEs by enabling them to auction their trade receivables (invoices) to multiple financiers. This transparent bidding process helps MSMEs secure financing at competitive rates, thereby improving their cash flow and supporting their growth.
India
Industry
- FundraisingPRIMARY
- Other Service
Financial