mynd solutions m1xchange
Mumbai, Oct 4 Gurgaon-based Mynd Solutions will launch Online National Exchange for Receivables over the next three months, its CEO said. Copyright @ 2017 MYND SOLUTIONS PVT LTD. All Rights Reserved. His strong industry focus and client relationships have enabled the Company to build credibility with 200+ clients in a short period of time. In todays fast-paced world, organizations are busy in creating disruptions in what we eat, drink, breathe, how we commute, communicate, the very way we live. Receivables Exchange of India Ltd (RXIL) | 6,548 followers on LinkedIn. Investors Currently working with Mynd Solution Ltd (M1XCHANGE) as a Senior Manager. At Mynd, Vivek is responsible for overall operations and strategy, leading a team of more than 1100 employees. Mynd has also developed a niche in the international HR space, offering multi country services on a single platform under his leadership. He set up his 3rd company M1xchange in the year 2017.know more, Vivek is one of the founders of Mynd Solutions. He is a successful entrepreneur with a strong background in Accounts and Finance. CoinTribe's coverage in Outlook Biz. To provide solution-based approach adept with innovation & flexibility towards financing solutions for stakeholders. Headquarters Regions Asia-Pacific (APAC) Founded Date Apr 1, 2017 Founders Sundeep Mohindru Operating Status Active Last Funding Type Secondary Market Also Known As Mynd Online National Exchange Legal Name M1xchange Company Type For Profit Contact Email sales@m1xchange.com Phone Number 18001037261 Mynd Solutions India Mart Intermesh Acquires Stake In Mynd Solutions Nov 27, 2021 Hyderabad / Delhi: M1xchange, India's largest TReDS platform, has secured over INR_324 million in secondary funding from Indiamart Intermesh Limited, in a deal that provided a part exit to SIDBI. Mynd Solutions to launch Online National Exchange for TReDS. Because that is what is gaining tractiondisruption, so much so, that it is no more a disruption now, it is the new normal. easy and effective process driven by technology. 18 comments on LinkedIn will be able to easily find receivables that are authenticated digitally by the counterparties and fund It is changing the way companies do, The finance functions in Indian companies are facing increasing demands as a result of the dynamically growing business environments, rapid technological changes, increased linkages with overseas environments and enhanced standards of reporting, etc. We have created M1 Mynd Online National Exchange for Receivables, which will be operational in next 2-3 months period," Mynd Solutions CEO Sundeep Mohindru told here. M1xchange, as a leading TReDS platform, is heading in the right direction, aiming at realizing the true potential of SME sector with the help of sound & stable technological infrastructure and trained professionals. BEENEXT is a Venture Capital fund managed by serial entrepreneurs that focuses on assisting founders with its operational experience, network, trust, unique perspectives, and the capital. In todays world, if an organisation wants to attract and hire top talent more efciently, it needs, Getting on the digital trend has proved to be a boon for businesses, especially the startups. He has worked with many large domestic & multinational companies at senior positions including the Controllership and strategist role for the businesses. M1 will also provide a transparent and open architecture system for all the stake holders. Company Status: Active Company Age 20 years 5 months . Credit and Finance for MSMEs: The invoice discounting platform for MSMEs M1xchange, promoted by Mynd Solutions, has achieved breakeven this financial year and is expected to be profitable by. M1XCHANGE's Trade Receivables Discounting System (TReDS) in an online exchange set up under the approval of Reserve Bank of India (RBI) to facilitate discounting of invoices for MSME sellers. Digital Marketing: Plan, monitor and optimize the . M1xchange TReDS is a digital marketplace to sell the receivables to banks/NBFC set up under the approval of Reserve Bank of India (RBI) to facilitate the discounting of invoices and bills of exchange on a PAN India basis. Vivek is the co-founder of Mynd Solutions. Mynd Solutions is one of the very few entities. Mynd Solutions Pvt Ltd, is one amongst the three companies set up the TReDS platform M1xchange on April 7th, 2017 under the Payment and Settlement System (PSS) Act 2007 to facilitate discounting of invoices and Bills of exchange for MSMEs on PAN India basis. The exchange is changing the traditional field of bill discounting by bringing the entire process online along with participation of banks through online auctioning Departments (Buyers) and Banks/NBFCs (Financiers). Till date, six banks and NBFCs have registered in the platform and five are in the process, he said. Java Software Engineer at Mynd Solutions Pvt. M1xchange Get in touch with us Enquiry Registration By submitting above details, I override my NDNC registration and authorize Mynd Solutions Private Limited or its representative to contact me through SMS/ Call/ Email/ WhatsApp for any assistance and this will not cause any inconvenience to me. TReDS will allow SMEs to post their receivables on the system and get them financed. Our rich legacy, our innate understanding of the markets we operate in, and our ability to evolve to meet the changing needs of the increasingly globalized economy of India. Seasoned Chartered Accountant with over 18 years comprehensive experience with expertise in all phases of Accounting, Tax Advisory, Financial Statement reporting, Compliance and Audit Procedures. AP NP MR, 288A, Udyog Vihar, Phase-IV, Gurgaon - 122001 Haryana, India. Anything that is not really a question, but requires execution of a task like filing returns for a company, filing PF compliances, balance sheet preperation etc can also be handled by the expert panel; such tasks are referred to as 'Assignments' on the platform. The efficiencies will Ankita sharma Company Secretary & Compliance Officer at M1xchange . M1xchange | 5,129 followers on LinkedIn. Mynd Solutions Pvt Ltd - M1xchange Oct 2022 - Present2 months Associate Vice President Marketing IFCI FACTORS LTD Oct 2008 - Nov 202214 years 2 months Factoring - Generating leads, Credit. As a Digital marketplace, it orchestrates the financing process between the Anchor, Vendors, Dealers, Buyers and the Banks/NBFCs. M1xchange employs the latest technologies to ensure the authenticity of the underlying transactions. This critical, Finding the perfect resource for the job could be quite prolonging generally. Vivek has over 18 years of experience in setting up shared service centers in the HR and F&A space.know more, Jacob is a subject matter expert in supply chain finance. . Key participants in TReDS are Micro, Small & Medium Enterprises MSME (Suppliers), large Corporates including PSUs and Govt. know more, Vivek is a seasoned banking & finance professional with over 13 years of extensive experience in the supply chain finance. For any queries or complaints, please call us at: Customer Care: 1800-1037261 (Toll Free) Enable Corporates and MSMEs to focus on their key business and make other expertise available at their doorstep, virtually, Improve your bottom line with Mynds finance and accounting outsourcing solutions, built to achieve high-performance business results. And nobody would ever complain about taking a little help from the machines, especially people who have a business to run. Businesses are able to offload transactional functions and gain the ability, A leading security services company employing more than 1 Lakh employees deployed across every state in India, having presence in more than 130 locations with multiple codes and sub codes for social security and Provident fund management, working with more than 15000 end client locations, was faced with a unique challenge of bringing efficiency and, Manufacturing Industry is going through a rough patch Increased costs of raw material and decrease in demand is making it increasingly difficult to stay profitable, even for the top names in the Industry. M1xchange was launched on 7th April 2017 to service the finance needs of MSME across India. As a great value creator in the chain, M1xchange has undoub tedly gained good reputation among bankers. Automating Receivables In India - The beginner's guide BEENEXT aims to establish a platform of founders, by the founders and for the founders across the globe, primarily in South East Asia, India and Japan. Vivek has over 15 years of experience in setting up shared service centers in the HR and F&A space, with 3 years in consulting and 12 years in outsourcing functions, serving companies in the Manufacturing, Engineering, Services, and Telecom industries. Mumbai, Oct 4 () Gurgaon-based Mynd Solutions will launch Online National Exchange for Receivables over the next three months, its CEO said. M1 aims to improve the flow of funds to MSME enterprises by reducing the receivable realisation cycles. Mynd Solutions is a leading global service provider in business process and technology management, offering broad spectrum of services in Finance and Accounting (FAO), Human Resource Outsourcing (HRO), Information Technology (IT) and Consulting. IndiaMART Intermesh Ltd, incorporated in 1996, is Indias largest B2B platform with 60% of the market and known for transforming the dynamics of Indian SMEs by providing them a one-stop solution to transform their business digitally and reach directly to their end customers online.IndiaMART Intermesh acquired a stake in M1xchange in November 2021. Finance & Accounts Outsourcing; Human Resource Outsourcing; Case Study; Home; Finance & Accounts Outsourcing; Human Resource Outsourcing; Case Study Founded in 2002, as an F&A and HR services company, today Mynd Group is one of Indias leading business conglomerates with an interest in F&A, HRO Services & Digital Supply Chain Financing. Since its establishment in 2015, the team has invested in over 180 companies globally. The financiers Lorem ipsum dolor sit amet, consectetur adipiscing elit. Mynd Solution's approach puts process at the forefront, understanding the value it brings to a company in driving frontend results such as customer satisfaction and retention, revenue generation and profitability. Our new collection is out, check it out. Currently Heading FI Relationships for M1xchange TReDS platform by Mynd Solutions P Ltd Over Two decades of leadership roles with Global banks such as ANZ, Credit Agricole CIB, ABN Amro and. cycles. Sunil has 21 years of experience in Digital Space and has been part of large project implementations for Banks, Exchanges and financial institutions across many International geographies, like, North America, Central Europe & Asian Markets. Some "Diwali" Moments at Mynd office with My Mentor Saurav Wadhwa & @Vivek Misra and all my wonderful colleagues! To keep getting important updates on TReDS, sign up to our newsletter. Maximize your output and profits by optimizing the utilization of your human resources without increasing costs. Mynd Solutions Pvt. Basic Data Updated 1 month ago Instant Update Last Filing with ROC 31 Mar 2021 Buy Report YoutubeVimeoDailymotionSoundcloudAudio File http://www.code125.com/wp-content/uploads/2012/09/Khaly-Bokra-A7la.mp3 We pride ourselves on this process of diversification. . Mayfield India has over $200 million under management and is a sector agnostic fund that invests in both technology, as well as, non-technology start-ups across sectors such as financial services, consumer brands, FMCG, logistics, and healthcare amongst others. Participation in our journey to bring businesses to the platform realization of receivables laborious & tedious.! Establishment in 2015, the firm has been a long standing ask from the industry like With trends means that you are using outdated practices and producing weaker results platform and five in! 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