A.TREDS, a joint venture of Axis Bank and mjunction services, on Wednesday announced the successful completion of its first set of transactions on its digital invoice discounting platform, Invoicemart.
Axis Bank, in a statement, said invoices raised on Sobha, West Coast Paper, Intex Technologies, Future Retail and other corporates by their micro, small and medium enterprise suppliers were discounted by the bank, to mark the commencement of operations.