New Delhi, July 2 -- KredX, one of India's leading integrated supply chain finance platforms, has signed a Memorandum of Understanding (MoU) with the Ministry of Micro, Small and Medium Enterprises (MoMSME), marking a major step toward strengthening digital financial inclusion for the country's MSME sector.
The agreement centres around KredX's RBI-licensed Trade Receivables Discounting System (TReDS) platform, Domestic Trade Exchange (DTX), and enables secure, two-way integration with the Ministry's Udyam registration database.
The MoU establishes a framework for real-time, API-driven data exchange that will streamline the onboarding of MSMEs onto the DTX platform.
By leveraging authenticated Udyam data, the collaboration aims to impro...
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