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M1xchange

110 employees

M1 an online exchange for TReDS set up under the approval RBI to facilitate discounting of invoices on a PAN India basis.

Basic info

Industry

financial services

Sectors

Financial Services
Financial Exchanges
Finance
FinTech

Date founded

2016

Funding rounds raised

Total raised

$10M

from 10 investors over 10 rounds

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M1xchange raised $4.7M on November 15, 2022

Investors: Indiamart Intermesh Ltd and BEENEXT PTE. LTD

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M1xchange raised $4.3M on November 29, 2021

Investors: Indiamart Intermesh Ltd

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M1xchange raised $10M on April 15, 2021

Investors: BEENEXT PTE. LTD, Mayfield Fund and Amazon.com

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M1xchange raised $4.5M on December 15, 2020

Investors: Mayfield Fund and BEENEXT PTE. LTD

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M1xchange raised undisclosed on January 22, 2019

Investors: Mayfield Fund and SIDBI Venture Capital Ltd

FAQ