Invoicemart, India’s largest Trade Receivables Discounting System (TReDS) platform, has facilitated the financing of MSME invoices of over US$2 billion through its online platform. Meanwhile, this RBI licensed online marketplace has also managed to get more than 11,000 participants, including over 10,000 MSME vendors, enrolled from more than 570 cities across India.
Invoicemart has so far witnessed more than 790,000 invoices routed through its online platform. Thus, digital transformation across India and the adoption of invoice financing platforms like TReDS have immensely helped MSME vendors to get early payments and bounce back to pre-COVID-19 levels.
