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Startup-relevant scheme · Reserve Bank of India / Ministry of MSME (platforms: RXIL, M1xchange, Invoicemart, others)

TReDS — Trade Receivables Discounting System (TReDS)

Open nowChecked 3 October 2026

TReDS invoice discounting (RXIL, M1xchange, Invoicemart): Budget 2026-27 made it the mandatory settlement platform for CPSE purchases from MSMEs, added a CGTMSE guarantee for invoice discounting, GeM data-sharing and securitisation of receivables. Over ₹7 lakh crore discounted to date.

Amount
Varies
Type of support
Loan / Credit
Best for
Seed / Early-Stage, Growth / Scaling
Who can apply
MSMEs, Early-stage startups, Growth-stage startups
Go to the official portalSource: Added by Sytezo, Oct 2026

TReDS platforms let MSMEs auction their receivables from corporate and government buyers to financiers, so they get cash quickly without collateral.

Who can apply?
  • Udyam-registered MSMEs (including startups registered as MSMEs) selling to corporates, PSUs, CPSEs or government buyers registered on TReDS.
What do you get?
  • Invoice discounting without recourse to the MSME, at market-discovered rates.
  • Budget 2026-27: TReDS mandatory as the settlement platform for CPSE purchases from MSMEs, CGTMSE guarantee for invoice discounting, GeM data-sharing with financiers and securitisation of TReDS receivables.
  • Over ₹7 lakh crore financed to date.
How to apply

Register with any RBI-licensed TReDS platform (e.g., RXIL, M1xchange, Invoicemart) and onboard your buyers.

Objectives

Fix MSME working-capital stress caused by delayed payments.

Key links

Deadlines, amounts and windows change. Check the official portal before you apply.

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