Gujarat Ties Up with M1xchange to Boost MSME Liquidity
06 May 2025
2 Min Read
CW Team
M1xchange, a leading invoice discounting platform, has entered into a strategic partnership with the Gujarat government to offer collateral-free working capital access to micro, small, and medium enterprises (MSMEs) operating in the state.
The collaboration aims to benefit small businesses that supply goods and services to state government departments, public sector undertakings (PSUs), and private firms.
As part of the memorandum of understanding (MoU), M1xchange and the state government will jointly provide early payment solutions for MSMEs at competitive interest rates, tackling the persistent challenge of delayed payments that often hampers their growth.
Amit Sachdev, Co-founder and COO of M1xchange, said the initiative is a step toward bridging the credit gap in the MSME sector. "Our joint efforts aim to ensure that MSMEs receive timely payments, thereby improving their cash flow and fostering growth," he stated.
M1xchange is one of the Trade Receivables Discounting System (TReDS) platforms recognized by the Reserve Bank of India (RBI). It facilitates the financing of MSMEs鈥� trade receivables from corporate buyers through a network of over 66 banks and NBFCs.
To date, the platform has enabled invoice discounting transactions worth over Rs 1.75 lakh crore (approximately Rs 1.75 trillion, recording a 100% year-on-year growth. M1xchange currently serves more than 50,000 MSMEs and 2,800 corporate clients.
This partnership adds to M1xchange鈥檚 growing list of government collaborations, which already includes Maharashtra, Haryana, Goa, Madhya Pradesh, and Tamil Nadu鈥攕trengthening efforts to enhance liquidity for MSMEs across India.
M1xchange, a leading invoice discounting platform, has entered into a strategic partnership with the Gujarat government to offer collateral-free working capital access to micro, small, and medium enterprises (MSMEs) operating in the state.
The collaboration aims to benefit small businesses that supply goods and services to state government departments, public sector undertakings (PSUs), and private firms.
As part of the memorandum of understanding (MoU), M1xchange and the state government will jointly provide early payment solutions for MSMEs at competitive interest rates, tackling the persistent challenge of delayed payments that often hampers their growth.
Amit Sachdev, Co-founder and COO of M1xchange, said the initiative is a step toward bridging the credit gap in the MSME sector. Our joint efforts aim to ensure that MSMEs receive timely payments, thereby improving their cash flow and fostering growth, he stated.
M1xchange is one of the Trade Receivables Discounting System (TReDS) platforms recognized by the Reserve Bank of India (RBI). It facilitates the financing of MSMEs鈥� trade receivables from corporate buyers through a network of over 66 banks and NBFCs.
To date, the platform has enabled invoice discounting transactions worth over Rs 1.75 lakh crore (approximately Rs 1.75 trillion, recording a 100% year-on-year growth. M1xchange currently serves more than 50,000 MSMEs and 2,800 corporate clients.
This partnership adds to M1xchange鈥檚 growing list of government collaborations, which already includes Maharashtra, Haryana, Goa, Madhya Pradesh, and Tamil Nadu鈥攕trengthening efforts to enhance liquidity for MSMEs across India.
Next Story
Reliance, Diehl Advance Pact for Precision-Guided Munitions
Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..
Next Story
Modis Navnirman to Migrate to Main Board, Merge Subsidiary
Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..
Next Story
Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025
The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..
