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Receivables Exchange of India

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Invoice factoring platform enhancing cash flow for Indian MSMEs.

Overview

Receivables Exchange of India (RXIL) is a fintech company that operates in the invoice factoring sector, focusing on providing cash flow solutions for businesses, particularly micro, small, and medium enterprises (MSMEs). RXIL utilizes its TReDS platform to facilitate the conversion of accounts receivable into cash through invoice discounting, allowing sellers to access funds promptly while enabling buyers to benefit from competitive bids from registered banks. Additionally, RXIL offers services related to international trade financing, aiming to address liquidity challenges faced by MSMEs in India. The platform aims to improve access to working capital, streamline funding processes, and create investment opportunities for financiers.

Key facts

Founded
2016
Headquarters
Mumbai, India

Business model

Contact

Open roles

7 roles
  • Relationship Manager

    Tamil Nadu, India · On-site · Volunteer

  • Senior Relationship Manager

    Mumbai, Maharashtra, India · On-site · Volunteer

  • Relationship Manager

    Gujarat, India · On-site · Volunteer

+ 4 more open roles on Signal

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About Receivables Exchange of India

What does Receivables Exchange of India do?

Receivables Exchange of India (RXIL) is a fintech company that operates in the invoice factoring sector, focusing on providing cash flow solutions for businesses, particularly micro, small, and medium enterprises (MSMEs).

Where is Receivables Exchange of India headquartered?

Receivables Exchange of India is headquartered in Mumbai, India.

When was Receivables Exchange of India founded?

Receivables Exchange of India was founded in 2016.

Which sector is Receivables Exchange of India in?

Receivables Exchange of India operates in Digital Lending, part of Financial Technology.

Who are Receivables Exchange of India's competitors?

Companies similar to Receivables Exchange of India include TradeCred, FIDU Trade, and Plataform.

Is Receivables Exchange of India hiring?

Yes. Receivables Exchange of India has 7 open roles listed on Vanberra Signal.