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Axis Bank has launched digital invoice discounting platform

Axis Bank has launched its digital invoice discounting platform, Invoicemart for improving access of funds to micro, small and medium sector enterprises (MSMEs).

Invoicemart is a platform that has been created by A.TREDS which is joint venture of Axis Bank and Mjunction Service.

Kalyan Basu, MD&CEO of Invoicemart is of the opinion that digital factoring as a business can get a further boost if the government pushes the public sector MSMEs to get on the platform.

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