KredX

KredX (formerly Mandii) is an online invoice discounting marketplace for SME lending. The platform connects enterprises looking for financing with investors looking to earn higher short-term yields with lesser risk. Borrowers can sign up, upload payment pending invoices or post date instruments of their customers, select from among the best bids available and receive funds. Investors can view invoices/PDIs from companies along with credit profiles to post their bids against them. Post the tenure, investors can get the funds directly to their account. The company receives a commission from both the parties once the trade is settled. The company acquired HummingBill, an invoicing platform for SMBs, in March 2017.

Founded in 2015 in Bangalore, KredX is one of India's Leading Supply Chain Financing Solution Providers, accelerating finance through the use of cutting-edge technology and data. The company offers a host of customisable solutions ranging from enterprise finance and cash flow management solutions to working capital and channel financing solutions for businesses, large and small, operating within the supply chain ecosystem while offering unique alternative debt investment solutions to investors worldwide. Through the use of reliable technology to accelerate customer growth, the company aims to become the world’s fastest Operating System for supply chain finance.