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The role of TReDS is set to go up significantly: M1xchange's Mohindru
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Raghu Mohan New Delhi
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M1xchange, the Trade Receivables e-Discounting System (TReDS) platform for invoice discounting, in FY25 recorded business of over ₹78,000 crore, up 100 per cent from the previous year. Higher US tariffs are expected to impact micro, small and medium enterprises (MSMEs); and TReDS' role in financing the sector will become more critical. Sundeep Mohindru, founder-director of M1xchange, interacted with Raghu Mohan via email on the issues facing MSMEs. Edited excerpts:
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