RXIL is a TReDS platform providing online invoice discounting, bill discounting and factoring solutions, enabling MSMEs and corporates to access seamless receivables financing and faster working capital. Indian government mandates companies with over Rs. 250 crore turnover to join TReDS by March 2025 to support MSME financing through trade receivables discounting.... TReDS (Trade Receivables Discounting System) is a digital platform for MSMEs to discount trade receivables for faster access to working capital from corporates. Invoicemart is a Trade Receivables Discounting System (TREDS) platform set up in order to resolve the credit challenges faced by the MSMEs. Invoicemart is a joint venture between Axis Bank and mjunction services.
