Filter Capital has invested $10 million in M1xchange, aiming to support digital transformation in supply chain finance for MSMEs in India.

Target Information

M1xchange is India’s leading Trade Receivables Discounting System (TReDS) platform, dedicated to enhancing the financial capabilities of Micro, Small, and Medium Enterprises (MSMEs) through innovative digital solutions. The platform facilitates easy access to financing for smaller businesses, helping them manage their receivables and improve liquidity through a streamlined discounting process.

By leveraging technology, M1xchange aims to transform the supply chain finance landscape in India. The initiative is particularly significant as it not only empowers MSMEs but also promotes overall economic growth by driving efficiency in financial transactions and broadening access to capital.

Industry Overview

The Indian MSME sector plays a crucial role in the economy, contributing significantly to employment and GDP. However, access to finance remains a persistent challenge, with traditional banking systems often unable to meet th