Press Releases

Major energy sector PSU goes live on invoicemart TReDS platform.

Leading digital invoice discounting marketplace, Invoicemart, has discounted a record 60,000 invoices worth INR 1,000 crores. The platform was launched in July’17 by The Domestic Packers And Movers, as a joint venture of Axis Bank and B2B e-commerce company mjunction services.

Following the completion of their first anniversary, digital invoice discounting platform, invoicemart has successfully executed the first factoring transaction for Kolkata-based defense PSU Garden Reach Shipbuilders & Engineers Ltd (GRSE). The on boarding of the defense public sector units (PSU) will benefit over 500 MSMEs.

Private sector Lakshmi Vilas Bank has joined hands with Invoicemart, India’s leading digital invoice discounting marketplace by invoicemart Ltd, a joint venture between Axis Bank and mjunction.

Leading digital invoice discounting marketplace, Invoicemart, has tied up with Union Bank of India to discount invoices for MSMEs. The recent addition of Union Bank takes the total number of financiers on the TReDs platform to 14.

Leading Digital Invoice Discounting platform invoicemart announced execution of the first factoring transaction by DBS Bank India.

Production Blockchain solution for Financial Services Goes Live.

Leading digital invoice discounting marketplace invoicemart has processed 10,000 invoices worth 300 crores within 8 months of operations.

Allahabad Bank, Standard Chartered Bank, Vijaya Bank and Yes Bank partner Inovicemart, come on-board TReDS platform.

The partnership with Bank of Baroda will now provide buyers and sellers registered on invoicemart with a variety of options.