Profile Details
- Company Name: Receivables Exchange of India Limited
- Content on MSME TALK: 2
- Episode
- Products/Services:
- Trade Receivables Discounting System (TReDS)
- Location: Mumbai, Maharashtra
- Industry:
- Fintech
- Industry We Serve:
- Infrastructure
- Textiles
- Manufacturing
- FMCG
- Pharma
- Headquarter City:
- Mumbai
- Other Locations:
- Delhi
- Kolkata
- Gujarat
- Chennai
- Bangalore
- One Liner on Company:
- Receivables Exchange of India Limited (RXIL) is India’s first and leading RBI-licensed TReDS platform, enabling MSMEs to access affordable and timely working capital through digital trade receivables financing.
- Company Bio:
- Receivables Exchange of India Limited (RXIL) is India’s first and leading Trade Receivables Discounting System (TReDS) platform, licensed by the Reserve Bank of India in December 2016. Established as a joint venture between SIDBI and NSE, along with State Bank of India, ICICI Bank, and Yes Bank, RXIL has transformed MSME financing by providing seamless, digital access to working capital. TReDS stands as an integrated financing platform and a digital marketplace meticulously crafted to empower Micro, Small, and Medium Enterprises (MSMEs) in realizing their trade receivables due from various buyers, through the financiers. This unique platform offers a transparent, single window financing solution for trade receivables derived from multiple buyers. It incorporates a competitive price discovery mechanism through auctions involving multiple financiers, resulting in increased liquidity and more competitive pricing, ultimately providing substantial benefits to MSMEs.
- Prominent Clients:
- NA
- Geography served:
- All India
- Functional Utilities:
- Facilitator for MSME Financing
- Uniqueness:
- End to End Digital Journey
- Available:
- Online
- Website
- Since:
- 2016
- Follow:
- Facebook: Click Here
- Linkedin : Click Here
- Instagram: NA
- Brochure link : NA
- Company profile : NA
- Certificates: NA
- Awards: NA