Bengaluru : KredX, India's largest supply chain finance platform, today announced the 7th edition of KredX Muhurat Trading, India's biggest invoice discounting and alternative investment event, scheduled for November 07, 2023.
This KredX flagship event offers an opportunity to both investors and businesses where investors get access to attractive returns and premium rewards, while businesses can quickly secure working capital by selling their unpaid invoices in seconds. KredX Muhurat Trading 2022 witnessed participation from 1,500+ investors, with more than 20,000 invoices listed and discounted on a single day, and more than 500 businesses were able to generate quick working capital. This online event ensures quick sale of invoices, as fast as 45 seconds, for the participating businesses.
A recent trend in the investment space showcases a significant shift towards alternative investments. High-net-worth individuals (HNIs) are progressively exploring alternative financing as an investment avenue, emphasizing the need for greater flexibility, transparency, and faster returns-qualities that alternative investments are uniquely positioned to provide. Based on research conducted by KredX, the short-term alternative investment space, specifically in invoice discounting for the retail investor segment, has experienced a remarkable 44% surge. In 2023 alone, it has demonstrated an impressive twofold growth compared to the preceding year.
As the alternative investments market continues to rise, KredX, as one of India's leading short term alternative investments platforms, has created a unique avenue for investors and businesses to benefit mutually through KredX Muhurat Trading.