71% of MSMEs on TReDS platform now come from Tier-II and smaller cities: M1xchange report

▤ Summary

M1xchange’s first Working Capital Pulse Report shows strong adoption of its TReDS platform outside major metros. The report says 71% of registered MSMEs now come from Tier-II and smaller cities, and these businesses generate 67% of total throughput. The platform has expanded to more than 9,000 pin codes and over 2,500 cities, while annual invoice financing has crossed Rs 4 lakh crore. The findings also highlight rising repeat usage, faster bidding, and broader buyer and financier participation across sectors.

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