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M1xchange looks to double its business in FY24

M1xchange, one of the three Reserve Bank of India (RBI) recognised online invoice discounting and financing platforms, is eyeing nearly Rs 45,000 crore in throughput value in the current financial year, higher than Rs 23,100 crore in FY23, CEO Sundeep Mohindru told FE. Throughput value is the overall value of bills/invoices discounted or financed on …

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