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Mynd Solutions Private Limited runs M1xchange, a digital invoice discounting platform for MSMEs in India.
Founded in 2016 and headquartered in Gurgaon, India, Mynd Solutions Private Limited operates M1xchange, an RBI-licensed TReDS platform that lets MSMEs get funding against approved invoices, typically within 24 hours and without collateral. It connects MSMEs with over 60 financiers. In November 2022 it raised INR 380 million from BEENEXT and IndiaMART InterMESH Ltd. Revenue in 2023 was INR 36.8 million.
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