KredX

Helps businesses resolve their working capital and growth capital challenges through invoice discounting and supply chain finance.

Company mission statement: "Making finance quick, reliable and transparent."

India's largest supply chain finance platform, which helps startups, large enterprises, MSMEs, retailers, and distributors resolve their working capital and growth capital challenges.

KredX operates with over 70,000 MSME suppliers and large corporations on its platform.

KredX's Business Partner Program assigns each partner a dedicated Relationship Manager (RM) to resolve issues on the platform, alongside tiered 'KredX Incentive Club' benefits (Silver/Gold/Platinum) and faster payouts.

Prospective investors submit contact details on the KredX website and are then personally contacted by a KredX relationship manager to complete registration.

KredX's Dynamic Discounting product, offered via its CMS accounts-payable platform, provides 24/7 availability for customers and suppliers.

Sellers join the DTX TReDS platform through a fully digital onboarding process described as hassle-free, with no manual paperwork required and real-time updates.

"Our official website is www.kredx.com and our app is KredX Invest"

RBI-licensed TReDS platform enabling seamless invoice discounting, boosting buyer cash flow & MSME working capital, accessed via app.dtxindia.in.

IFSCA-licensed ITFS platform facilitating efficient import-export financing for cross-border trade, accessed via gtxapp.kredx.com.

"Accelerate your client's business growth and get attractive payouts on time" — a partner channel for onboarding clients.

Core activity: online invoice discounting connecting credit-worthy SMEs looking to raise working capital, to individual investors.

"Buy Now Pay Later (BNPL) for all kinds of B2B payments viz; online or offline"

In 2023, it executed several cross-border trade finance transactions for large enterprises with an annualised value of more than USD 200 million.

Domestic factoring through their RBI-licensed TReDS platform (DTX); KredX received RBI's final nod as the fifth RBI-regulated TReDS platform in the country.

Import-export financing via their IFSCA-licensed platform (GTX).

"It also has a proprietary risk mechanism called the KredX score, which follows a three-pronged approach."

"KredX has entered into a strategic alliance with the State Bank of India (SBI) to broaden the reach of digital trade receivable discounting via its RBI-licensed TReDS platform, Domestic Trade Exchange (DTX)."

The DTX platform is connected to 50+ financiers and designed to enable bidding on trade receivables.