Gujarat Ties Up with M1xchange to Boost MSME Liquidity

06 May 2025 CW Team

M1xchange, a leading invoice discounting platform, has entered into a strategic partnership with the Gujarat government to offer collateral-free working capital access to micro, small, and medium enterprises (MSMEs) operating in the state.

The collaboration aims to benefit small businesses that supply goods and services to state government departments, public sector undertakings (PSUs), and private firms.

As part of the memorandum of understanding (MoU), M1xchange and the state government will jointly provide early payment solutions for MSMEs at competitive interest rates, tackling the persistent challenge of delayed payments that often hampers their growth.

Amit Sachdev, Co-founder and COO of M1xchange, said the initiative is a step toward bridging the credit gap in the MSME sector. "Our joint efforts aim to ensure that MSMEs receive timely payments, thereby improving their cash flow and fostering growth," he stated.

M1xchange is one of the Trade Receivables Discounting System (TReDS) platforms recognized by the Reserve Bank of India (RBI). It facilitates the financing of MSMEs’ trade receivables from corporate buyers through a network of over 66 banks and NBFCs.

To date, the platform has enabled invoice discounting transactions worth over Rs 1.75 lakh crore (approximately Rs 1.75 trillion, recording a 100% year-on-year growth. M1xchange currently serves more than 50,000 MSMEs and 2,800 corporate clients.

This partnership adds to M1xchange’s growing list of government collaborations, which already includes Maharashtra, Haryana, Goa, Madhya Pradesh, and Tamil Nadu—strengthening efforts to enhance liquidity for MSMEs across India.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..