Receivables Exchange of India Limited (RXIL)

TReDS is an institutional mechanism set up in order to facilitate the trade receivable financing of MSMEs from corporate buyers through multiple financiers.

  • Stage $500K in TTM Revenue
  • Industry Fintech
  • Location Mumbai, Maharashtra, India
  • Currency INR
  • Founded February 2016
  • Employees 32
  • Incorporation Type Other
  • Website rxil.in

Company Summary

RXIL is jointly promoted by Small Industries Development Bank of India (SIDBI) and National Stock Exchange of India Ltd. (NSE), to operate TReDS platform as per extant RBI TReDS guidelines. Trade Receivables Discounting System (TReDS) is a digital platform to facilitate MSMEs to auction their trade receivables at competitive rate through transparent online bidding process by multiple Financiers (Banks and Non Banking Financial Company - Factors).

Team

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