M1xchange Raises $10 Mn To Boost Supply Chain Financing For MSMEs

M1xchange has secured $10 Mn from investment firm Filter Capital through a secondary transaction

Founded by Sundeep Mohindru and Vivek Misra, M1xchange is a TReDS platform that facilitates financing of MSMEs based on invoice and bills

M1xchange claims to have discounted invoices and bills worth INR 1.7 Lakh Cr so far

Supply chain financing platform M1xchange has raised $10 Mn (around INR 84 Cr) from Filter Capital via secondary deal.

The startup plans to use the fresh capital to boost its digital supply chain…