M1xchange

A digital marketplace to sell the receivables to banks.

Launch date

Apr 2016

Employees

Market cap

Enterprise valuation

Gurugram Haryana (HQ)

https://m1xchange.com

https://twitter.com/m1xchange https://www.linkedin.com/company/mynd-online-national-exchange/

Revenues, earnings & profits over time

USD	2019	2020	2021	2022	2023
Revenues	4.7m	4.7m	7.1m	10.9m	17.1m
% growth	-	-	51 %	53 %	57 %

Date	Investors	Amount	Round
Jan 2019	N/A	N/A	Series A
Dec 2020	Mayfield Fund Beenext	$4.5m	Early VC
Apr 2021	Mayfield Fund Beenext Amazon India SIDBI Venture Capital	$10.0m	Early VC
Nov 2022*	IndiaMART Beenext	INR380m	Secondary
Total Funding		AUD22.4m

Tech stackLearn more about the technologies and tools that this company uses.