Invoicemart partners with Grameen Foundation for Social Impact to empower Women-led MSMEs

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Invoicemart partners with Grameen Foundation for Social Impact to empower Women-led MSMEs
Invoicemart partners with Grameen Foundation for Social Impact to empower Women-led MSMEs

Currently, Invoicemart has 25000+ MSMEs registered on the platform, of which 20% are women-led MSMEs who are keen to expand their businesses and are constantly looking for support to build their ecosystem.

Bengaluru, December 27, 2023 Invoicemart, India’s leading Trade Receivable Discounting System (TReDS) platform, operated by A.TReDS Ltd., a joint venture between Axis Bank Ltd and mjunction Services Ltd, announced its collaboration with Grameen Foundation for Social Impact (GFSI), a not-for-profit organization, to create a positive social impact by offering value-added services to women-led micro, small, and medium enterprises (MSMEs) in India.

Currently, Invoicemart has 25000+ MSMEs registered on the platform, of which 20% are women-led MSMEs who are keen to expand their businesses and are constantly looking for support to build their ecosystem. Through GFSI’s Investment Readiness and Digital Transformation of Women-led Small Business (IRDT-WSB) program, both entities will support women entrepreneurs at an early stage to become investment and market-ready by helping them build a robust business plan and formalize it, enhance sales and marketing channels, increase financial performance, improve customer engagement, and create digital strategies.

Prakash Sankaran, MD & CEO of Invoicemart, said, “We believe that empowering women entrepreneurs is crucial for the economic development of our country. Through this partnership, we aim to provide these women entrepreneurs with access to affordable and seamless credit and also guide and support them in driving digital transformation, which they need to succeed in the business world.”

Bharati Joshi, Chief Program Officer, of GFSI, added, “We are happy to announce our collaboration with Invoicemart, India’s leading TReDS platform, to help women-led MSMEs establish a scalable business model through access to finance for their businesses.”

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