KredX, India’s largest provide chain finance platform, at present introduced the sixth version of KredX Muhurat Trading, India’s largest bill discounting and funding occasion scheduled for October 19, 2022. This is a good amalgamation for the buyers and companies as the buyers can get their arms on profitable returns and premium rewards, whereas companies get on the spot working capital through offers bought in seconds after they listing their unpaid invoices. The various investments market is rising, and KredX, certainly one of India’s largest various funding platforms created a chance for each buyers and companies to come collectively in a mutually useful synergy with KredX Muhurat Trading.
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sixth version of KredX Muhurat Trading
This shall be a one-of-its-kind unique occasion for buyers and companies of all sizes, the place they are going to have entry to a number of offers and particular provides on bill discounting. This will assist sellers in producing fast and safe working capital in no time. Muhurat Trading may also provide buyers to make investments in a number of invoices at minimal transaction price and at the identical time stand a probability of profitable engaging prizes like worldwide journeys, luxurious staycations, iPhone 14, and so forth. These advantages shall be accessible to buyers and companies throughout India, even the distant corners of the nation.
2021 Muhurat Trading witnessed participation from 1,500+ buyers the place more than 10,000 invoices had been listed and discounted on a single day, and more than 300 companies had been ready to generate fast working capital for his or her utilization. This on-line occasion ensures fast bill sale, as quick as 12 seconds, for the sellers taking part.
Commenting on the announcement, Manish Kumar, Founder & CEO stated, “KredX took the custom of Muhurat Trading and tailored it to create a distinctive alternative for the buyers. Our buyers have the alternative to buy expert-vetted profitable offers and win engaging prizes whereas doing so. We are assured that this occasion will assist companies develop throughout the ongoing festive season and permit buyers to develop their cash. We purpose to low cost invoices value more than Rs. 350 crore this Muhurat Trading Day.”
He added, “KredX is committed to providing quick and easy access to working capital to businesses of all sizes. The festive season stands as a crucial period for businesses as they witness an enormous uptick in sales during this time. The Muhurat Trading Day 2022 will help businesses make the most of the festive demand by getting immediate working capital and drive even 10x growth with immediate sanction limits and reduced special discount-rates through this event.”
About KredX
Founded in 2015 in Bangalore by Manish Kumar and Anurag Jain, KredX is India’s largest provide chain finance platform accelerating finance through the use of cutting-edge know-how and information. The firm provides a host of customisable options starting from enterprise finance and money circulate administration options to working capital and channel financing options for companies, giant and small, working inside the provide chain ecosystem whereas providing distinctive various debt funding options to buyers worldwide. Through the use of dependable know-how to speed up buyer development, the firm goals to turn into the world’s quickest working system for provide chain finance.