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news & media

2017-06-18
Business Line>
Mynd Solutions in scale-up mode

Mynd Solutions, which offers online discounting of trade receivables, expects total throughput of bills discounted through its platform this fiscal to touch ₹3,000 crore, Sundeep Mohindru, Founder & CEO, has said.

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2017-06-07
The Economic Times >
TReDS Help SMEs Get Credit from Corporates on Time

This is a bill discounting system which allows banks to make payments to vendors against supplies to corporates

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2017-06-03
United News of India >
M1 Exchange adds new features to improve Inflow of Working Capital For MSMEs

Mynd Solutions, one of India’s leading outsourcing and consulting company, has added new features to its M1 Exchange to provide better Inflow of Working Capital For Micro, Small and Medium Enterprises (MSMEs) in the light of Goods and Services Tax (GST) regime.

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2017-05-29
Banking Frontiers >
Will TReDS bring liquidity for MSME sector In India?

Micro Small and Medium Enterprises (MSMEs) have been a much-ignored sector in our country and it started to evolve considerably post the independence. It has progressed in scale and in the scope of business activities over the last couple of years.

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2017-05-24
The Economic Times >
RBI’s trade receivables system to help MSME sector

While the government is prodding the micro, small and medium enterprise (MSME) sector to drive the economy to its next phase of growth and job creation, the entire sector is grappling with challenges of getting their payments on time...

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2017-05-10
The Indian Express >
Factoring is the growth engine for MSME sector and India is being looked as biggest emerging market for Factoring in Asia: ASSOCHAM

Factoring in India though has grown up both in experience and expertise. However, it still is considered to be at a nascent stage.

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2017-05-09
Business Line>
M1 Exchange Completes its first TReDS Transaction with IndusInd Bank

M1 Exchange Completes its first TReDS Transaction with IndusInd Bank. Mynd Solutions M1 Exchange today announced its first successful online invoice discounting transaction.

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2017-04-07
India Today>
Mynd Solutions Improves the Inflow of Working Capital for MSME via Launch of M1 Exchange

Mynd Solutions, one of India's leading outsourcing and consulting companies, today, announced the launch of M1 - Mynd Online National Exchange for Receivables.

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2017-02-14
Business Standard >
TReDS can boost MSMEs' liquidity, with some tweaks

The Trade Receivables Discounting System (TReDS) proposed by the RBI is expected to provide much-needed liquidity to micro, small and medium enterprises (MSMEs).

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2016-12-16
ET Now >
Mynd Solutions awarded as Leaders in Financial, Banking & Allied Services category at the "ET NOW Leaders of Tomorrow award summit

We are pleased to share that Mynd Solutions has received an award under the category "Financial, Banking & Allied Services" at "ET NOW as Leaders of Tomorrow 2016.

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2016-10-04
Times of India >
Mynd Solutions to launch Online National Exchange for TReDS

Mumbai, Oct 4 Gurgaon-based Mynd Solutions will launch Online National Exchange for Receivables over the next three months, its CEO said.

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2016-02-09
India Infoline >
Mynd Solutions has been appointed by RBI to implement ‘TReDS’

A break through step in creating and promoting market place for financial products in India, has been taken by Reserve Bank of India by conceptualizing the idea.

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2015-11-25
Financial Express >
Axis Bank, 2 others get RBI nod to set up TReDS

The Reserve Board of India (RBI) on Tuesday gave in-principle approval to three applicants to set up and operate Trade Receivables Discounting System (TReDS).

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2015-11-25
The Hindu Businessline >
Axis Bank, 2 other entities get RBI nod to set up trade receivables discounting system

Three entities — Axis Bank, Gurgaon-based Mynd Solutions and a joint bid by NSE Strategic Investment Corporation and Small Industries Development Bank of India.

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2015-11-24
Reserve Bank of India >
RBI grants “in-principle” approval to three applicants for setting up Trade Receivables Discounting System (TReDS)

In the Union Budget for 2015-16 the Honourable Union Finance Minister had highlighted the need for and use of TReDS for improving flow of funds to MSME sector.

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