M1xchange Hits ₹1 Lakh Crore in Transactions, First TReDS Platform to Achieve Milestone

AI Is Already Improving Business Performance | Despite concerns, AI is already delivering results for many companies. Around 32% of Indian CEOs say AI has helped increase revenues, slightly higher than the global average of 29%. About 27% report cost reductions due to AI, compared to 26% globally. (Image: Canva)

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CNBC TV18•10-02-2026, 10:21

M1xchange Hits ₹1 Lakh Crore in Transactions, First TReDS Platform to Achieve Milestone

•M1xchange, an RBI-licensed TReDS platform, crossed ₹1 lakh crore in transaction throughput in the first 10 months of FY2025–26.
•This makes M1xchange the first TReDS platform to reach this level within a single financial year, achieving the milestone in early February.
•Over 70,000 MSMEs across 2,500+ locations use the platform for invoice discounting, supported by 70+ banks/NBFCs and 5,000+ corporate buyers.
•Sectors like infrastructure, manufacturing, automotive, textiles, and energy contribute significantly to transactions.
•Cumulative invoice discounting since launch exceeds ₹2.65 lakh crore, with further growth expected due to Union Budget proposals and increased participation.

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