M1xchange
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Organization
Contact Information
Overview
M1’s Trade Receivables Discounting System “TReDS” is an online exchange being set up under the approval of Reserve Bank of India (RBI) to facilitate discounting of invoices and Bills of exchange on a PAN India basis. Mynd Online National Exchange has been launched in April 2017, to set-up and operate TReDS under the Payment and Settlement System (PSS) Act 2007.
About
Industries
Financial Services, Finance, FinTech, Financial Exchanges
Founded
2017
Employees
1001-5000
Headquarters locations
India, Asia
Social
N/A
Profile Resume
M1xchange headquartered in India, Asia, operates in the Financial Services, Finance, FinTech, Financial Exchanges sector. The company focuses on Financial Services and has secured $1.9B in funding across 80 round(s). With a team of 1001-5000 employees, M1xchange is actively contributing to advancements in Financial Services. Their latest funding round, Secondary Market - M1xchange, raised $4.7M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
Funding rounds
5
Investors
2
Lead Investors
0
Total Funding Amount
$23.5M
Details
1
M1xchange has raised a total of $23.5M in funding over 1 rounds.
| Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
|---|---|---|---|---|
| 2019 | Early Stage Venture |
Investors
M1xchange is funded by 25 investors.
| Investor Name | Lead Investor | Funding Round | Partners |
|---|---|---|---|
| M1xchange | - | FUNDING ROUND - M1xchange | 4.7M |
| BEENEXT | - | FUNDING ROUND - BEENEXT | 4.7M |
| M1xchange | - | FUNDING ROUND - M1xchange | 4.7M |
| IndiaMART | - | FUNDING ROUND - IndiaMART | 4.7M |
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