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Business Standard
4 days ago
- Business
- Business Standard
KredX's TReDS Platform - DTX and SBI Forge Partnership to Boost Digital Supply Chain Financing in India
NewsVoir Bengaluru (Karnataka) [India], June 18: KredX, India's leading integrated cash flow and supply chain finance platform, has announced a strategic partnership with the State Bank of India (SBI). This collaboration aims to expand access to digital trade receivable discounting through its RBI-licensed TReDS platform, Domestic Trade Exchange (DTX). SBI's participation on the KredX DTX platform marks a meaningful step toward building smarter, faster, and more inclusive supply chain finance networks. By combining SBI's scale with KredX's technology-first infrastructure, the partnership enhances working capital access to MSME suppliers across all sectors and scales, enabling greater agility, transparency, and efficiency across the value chain. Manish Kumar, Founder and CEO, KredX, said, "We're delighted to welcome SBI as a financing partner on KredX's technology-first TReDS platform, DTX. As one of India's most trusted financial institutions, SBI brings unmatched scale and credibility to our expanding ecosystem. This partnership marks a strong step forward in our mission to digitise and democratise trade finance by using AI-led, real-time solutions to help enterprise buyers and their MSME partners unlock liquidity when and where they need it at the click of a button." KredX's DTX platform, approved under the RBI's TReDS framework, goes beyond traditional lending by offering a digital-first solution for end-to-end trade finance. Connected to 50+ financiers and designed to enable bidding on trade receivables, DTX offers businesses access to the lowest cost of finance, an intuitive user experience, and seamless execution. DTX also enables suppliers to access working capital instantly, while allowing buyers to optimise cash flows and build more resilient supply chains. By integrating intelligent automation, real-time processing, and intuitive workflows, DTX ensures a frictionless experience for buyers, sellers, and financiers alike. As India's leading integrated supply chain finance provider, KredX offers a comprehensive suite of solutions including early payments, accounts payable and receivable financing, and cash flow automation. These capabilities empower businesses to unlock working capital, drive operational efficiency, and maintain compliance across processes. KredX continues to expand its partner network of banks, NBFCs, and financial institutions to strengthen India's digital supply chain infrastructure and improve access to capital across the ecosystem. KredX is India's leading integrated supply chain finance provider, enabling businesses to unlock working capital and optimise cash flows through a full stack of digital finance solutions for modern supply chains. With platforms like DTX (Domestic Trade Exchange), GTX (Global Trade Exchange), and CMS (AI-powered Cash Management Solutions), KredX has onboarded 3,000+ enterprises and enabled over 100,000 MSMEs to access timely working capital. The company has processed more than Rs. 550 billion in invoices. Backed by marquee investors including Tiger Global, Sequoia Capital India, and Prime Venture Partners, KredX is at the forefront of building future-ready, tech-led financial infrastructure for B2B supply chain ecosystems. State Bank of India (SBI) is India's largest public sector bank, serving over 50 crore customers through a vast network of branches and ATMs across the country. With a legacy of over 200 years, SBI offers a comprehensive suite of banking and financial services and maintains a global presence through 240+ offices in 29 countries.


Fashion Value Chain
4 days ago
- Business
- Fashion Value Chain
KredX's TReDS Platform – DTX and SBI Forge Partnership to Boost Digital Supply Chain Financing in India
KredX, India's leading integrated cash flow and supply chain finance platform, has announced a strategic partnership with the State Bank of India (SBI). This collaboration aims to expand access to digital trade receivable discounting through its RBI-licensed TReDS platform, Domestic Trade Exchange (DTX). SBI's participation on the KredX DTX platform marks a meaningful step toward building smarter, faster, and more inclusive supply chain finance networks. By combining SBI's scale with KredX's technology-first infrastructure, the partnership enhances working capital access to MSME suppliers across all sectors and scales, enabling greater agility, transparency, and efficiency across the value chain. Manish Kumar, Founder and CEO, KredX, said, 'We're delighted to welcome SBI as a financing partner on KredX's technology-first TReDS platform, DTX. As one of India's most trusted financial institutions, SBI brings unmatched scale and credibility to our expanding ecosystem. This partnership marks a strong step forward in our mission to digitise and democratise trade finance by using AI-led, real-time solutions to help enterprise buyers and their MSME partners unlock liquidity when and where they need it at the click of a button.' KredX's DTX platform, approved under the RBI's TReDS framework, goes beyond traditional lending by offering a digital-first solution for end-to-end trade finance. Connected to 50+ financiers and designed to enable bidding on trade receivables, DTX offers businesses access to the lowest cost of finance, an intuitive user experience, and seamless execution. DTX also enables suppliers to access working capital instantly, while allowing buyers to optimise cash flows and build more resilient supply chains. By integrating intelligent automation, real-time processing, and intuitive workflows, DTX ensures a frictionless experience for buyers, sellers, and financiers alike. As India's leading integrated supply chain finance provider, KredX offers a comprehensive suite of solutions including early payments, accounts payable and receivable financing, and cash flow automation. These capabilities empower businesses to unlock working capital, drive operational efficiency, and maintain compliance across processes. KredX continues to expand its partner network of banks, NBFCs, and financial institutions to strengthen India's digital supply chain infrastructure and improve access to capital across the ecosystem. About KredX KredX is India's leading integrated supply chain finance provider, enabling businesses to unlock working capital and optimise cash flows through a full stack of digital finance solutions for modern supply chains. With platforms like DTX (Domestic Trade Exchange), GTX (Global Trade Exchange), and CMS (AI-powered Cash Management Solutions), KredX has onboarded 3,000+ enterprises and enabled over 100,000 MSMEs to access timely working capital. The company has processed more than Rs. 550 billion in invoices. Backed by marquee investors including Tiger Global, Sequoia Capital India, and Prime Venture Partners, KredX is at the forefront of building future-ready, tech-led financial infrastructure for B2B supply chain ecosystems. About State Bank of India (SBI) State Bank of India (SBI) is India's largest public sector bank, serving over 50 crore customers through a vast network of branches and ATMs across the country. With a legacy of over 200 years, SBI offers a comprehensive suite of banking and financial services and maintains a global presence through 240+ offices in 29 countries.


India.com
4 days ago
- Entertainment
- India.com
Meet IAS Ria, Whose Sister Is Also A Civil Servant, Cleared UPSC With AIR...Was In Love With....
photoDetails english 2917587 The UPSC (Union Public Service Commission) conducts prestigious exams like the Civil Services, CDS, and NDA to recruit candidates for top government positions. These exams test a candidate's knowledge, aptitude, and decision-making skills. Known for their tough competition and thorough selection process, UPSC exams are a gateway to careers in administration, defense, and public service in India. Updated:Jun 18, 2025, 10:19 AM IST The Dabi sisters, both IAS officers 1 / 7 Tina Dabi and her sister Ria Dabi are among the most recognized and inspiring IAS officers in the country. They enjoy a massive following on platforms like Instagram. Tina is married to IAS officer Pradeep Gawande, while Ria is married to IPS officer Manish Kumar. Both continue to motivate countless UPSC aspirants across India. Shifting to Rajasthan 2 / 7 Recently, IAS officer Ria Dabi from the Rajasthan cadre tied the knot with IPS officer Manish Kumar of the Maharashtra cadre. The news came to light after the Ministry of Home Affairs issued a notification about Manish Kumar's cadre transfer to Rajasthan, citing his marriage to Ria Dabi as the reason for the shift. Beginning of love story 3 / 7 IAS officer Ria Dabi and IPS officer Manish Kumar, both from the UPSC 2021 batch, initially met as friends. As per media reports, their connection began during their training at the Lal Bahadur Shastri National Academy of Administration (LBSNAA) in Mussoorie, where their friendship gradually blossomed into a romantic relationship. Couple tied knot 4 / 7 The couple tied the knot through a court marriage in April 2024 with the blessings of their families. Following the wedding, Manish Kumar requested a cadre transfer, which was later approved by the Ministry of Home Affairs. The official notification regarding the transfer was reportedly issued on June 16, 2024. Ria Dabi AIR Rank 5 / 7 Ria Dabi, sister of IAS officer Tina Dabi, secured the 15th rank in the 2020 UPSC Civil Services Examination. Tina had earlier topped the exam in 2015. Both sisters graduated from Lady Shri Ram College, Delhi University, and are currently posted in Rajasthan. Tina Dabi is presently serving as the District Collector of Barmer. Manish Kumar AIR Rank 6 / 7 Manish Kumar, a native of Delhi, decided to join the civil services after completing his degree. He secured an impressive All India Rank (AIR) of 581 in the UPSC 2020 examination. Ria Dabi Schooling 7 / 7 IAS officer Ria Dabi completed her schooling at the Convent of Jesus and Mary in New Delhi. She went on to earn a degree in Political Science from Lady Shri Ram College for Women, University of Delhi. At just 23 years old, Ria cleared the UPSC Civil Services Examination on her first attempt, securing an impressive All India Rank (AIR) of 15.


Time of India
4 days ago
- Business
- Time of India
Modi to flag off diesel locomotive export to Guinea
Patna: Prime Minister Narendra Modi will flag off a consignment from the Marhaura Diesel Locomotive Factory in Saran during his visit to Siwan on June 20, marking the first export of diesel rail engines to an African country, said Manish Kumar, chief administrative officer (CAO) of Marhaura DLF, on Tuesday. He said a total of 143 locomotives are to be exported to the Republic of Guinea under a contract worth over Rs 3,000 crore awarded to Wabtec Locomotive Private Limited, a joint venture between Indian Railways and US-based Wabtec Corporation. The railways hold a 26% stake in the export. The Marhaura-built engines feature advanced AC propulsion, a microwave oven, and refrigerators for loco pilots. Meanwhile, preparations are in full swing at Jasoli village in Siwan for the PM's visit. Air-conditioned cottages with attached washrooms are being set up for VIPs. New traffic diversions will be in place from the morning of June 20 to manage the influx of visitors.


India.com
6 days ago
- General
- India.com
Love story of popular IAS officer who cracked UPSC exam with AIR..., Tina Dabi is …
The Union Public Service Commission (UPSC) Examination is considered one of the most difficult competitive exams globally—not just in India. Candidates interested in joining the Indian Administrative Service (IAS) must pass three stages: the Prelims, the Mains, and the Interview stage(s). Some of the most well-known and motivational IAS officers are Tina Dabi and her sister, Ria Dabi. People respect both sisters for their professional success and their personal lives. Tina Dabi is married to her fellow IAS officer Pradeep Gawande, while Ria Dabi is married to IPS officer Manish Kumar. Together, they continue to inspire millions of UPSC aspirants throughout the country. Ria Dabi, an IAS officer of the Rajasthan cadre, married an IPS officer of Maharashtra cadre, Manish Kumar, two months ago. It became common knowledge when the Ministry of Home Affairs published a note regarding Manish Kumar's transfer of cadre from Maharashtra to Rajasthan. The note specifically mentioned that the reason for the transfer cadre was his marriage to IAS officer Ria Dabi, who is stationed in Rajasthan. IAS officer Ria Dabi and IPS officer Manish Kumar, who are both from the UPSC 2021 batch, met as friends. According to reports, the two met during training at the Lal Bahadur Shastri National Academy of Administration (LBSNAA) in Mussoorie, and their friendship gradually developed into a romantic relationship and the two married through a court marriage in April this year with family blessings. After their wedding, Manish Kumar applied for a cadre transfer, which was subsequently approved by the Ministry of Home Affairs. The official announcement about their cadre transfer was released on June 16.