Small Business in Smaller Cities Now Empowered by TReDS
usiFor an MSME owner, one of the major causes of concern is the cash flow problem, and it may hinder their business’s growth and...
Invoice Discounting vs. Business Loans – What’s the difference?
Businesses thrive on working capital. No matter if it is a profitable venture or a startup, maintaining the cycle of business is...
How Bills Discounting Can Help Your Business Grow
How often has one seen a business failed due to excessive outstandings? Even the largest businesses suffer from this, leading them to...
Know How M1xchange TReDS Is Making Financiers Transactions SAFE – Smoother, Accurate, Faster & Easier
It has always been our endeavor to continuously improve and simplify the processes to make the M1xchange TReDS platform more user-friendly,...
An AUTOMOBILE OEM Optimized Its Working Capital And Helped Its MSME Suppliers
ABC Industries (name changed to maintain confidentiality) is a three-decade-old company and a leading automotive components manufacturer...
How TReDS Is Transforming Businesses And Helping Both MSMEs & Corporates.
On 2nd November 2018, the Ministry of MSME issued a special notification to all organizations with an annual turnover of Rs. 500 crore and...
TReDS: How it works and why should you use it
M1xchange is an RBI approved TReDS (Trade Receivable Discounting System) platform. TReDS is an institutional mechanism set up in order to...
TReDS: Why MSMEs need to register RIGHT NOW
MSMEs contribute to 37% of the total GDP of the nation and play a vital role to uplift the Indian economy. Despite being the backbone of...
TReDS: A Facilitating Step towards Financial Inclusion of MSMEs in Economic Landscape
Despite being called the backbone of the Indian economy, MSMEs often struggle with adequate cash flows. The government of India and RBI...
SOLVING CASHFLOW WOES OF AN MSME SUPPLIER OF ELECTRICAL ANCILLARIES
An MSME manufacturer and supplier of electrical ancillaries from Kolkata supplies to a pool of large corporate buyers. As per the standard...
TReDS: A Real Game Changer for MSMEs or Just a Gimmick?
On the 2nd of November, 2018 the Ministry of MSME issued a notification to the organizations having an annual turnover of over Rs 500...
Indian Banking System To Drive Economic Growth On The Strength Of Fintech
If Alvin Toffler were alive today and had occasion to do another re-write of his best seller “The Third Wave”, FinTech would have found...
Government-backed TReDS to Change How MSMEs Operate
Nearly three years ago, on September 27, 2015, Prime Minister Modi, while addressing the who’s who of the tech world at the Digital India...
TDS/TCS on GST, Provisions Effective 1st October 2018
The GST Council has recently notified Notification 50 and 51 both on 13th September 2018 which enabled the application of Sections 51 &...
Blockchain Solution Spotlight: M1xchange
1. Tell us how blockchain is implemented in your product/solution TReDS is a concept from RBI, under which Bill Discounting Exchanges have...
IoT – Internet of Things – Much more than interconnected devices
We have all been given to think that IoT or Internet of Things is all about machines or devices which are communicating with each other...
TReDS: What it holds for Banks & NBFC
TReDS- An Introduction Trade Receivables Discounting System or TReDS is an RBI initiative to help the MSMEs in getting competitive finance...
TReDS- Charging up a happy vendor ecosystem in the electrical industry
To keep up with the ever-changing economic and financial trends, the Indian electrical industry is evolving constantly and at a rapid pace....
M1 TReDs – Treading the Digital Path
Mynd Solutions has expertise in the business of vendor management for large corporates. We have been constantly working towards client...
TReDS – A Game changer for MSMEs
Micro, Small Medium Enterprises (MSMEs) majorly contribute to the Indian economy. As per the press release of the Ministry of MSMEs on 22nd...