TReDS is an electronic platform that allows businesses to auction trade receivables such as invoices, and the platform serves as a transparent and quick medium for the small scale players to avail funds at cheaper rates, through banking and factoring companies. As an automated system driven platform, Trade Receivable Discounting System facilitates auction of trade receivables at competitive market rates through transparent bidding process by multiple financiers. Mynd has set up M1xchange for financing the receivables of MSME sector and there by reducing the business risk of MSME for the collection of receivables. Key benefits of invoice discounting and exchange services - 1. Minimise cost for AAA industries. 2. It does not add borrowings or any additional liability on the balance sheet. 3.