Government of Gujarat and M1xchange along with its subsidiaries Partners to Boost MSME Financing

Delhi, 2^nd May 2025: In a significant move to strengthen MSME financing in one of India’s most industrially progressive states, the Government of Gujarat has signed an MoU with M1xchange, India’s leading Trade Receivables Discounting System (TReDS) platform, and its subsidiaries Mynd Fintech and M1 NXT. The partnership will enable easy, collateral-free working capital access to Gujarat-based MSMEs supplying to state government departments, PSUs, and private enterprises.