Receivables Exchange of India Limited (RXIL) is India’s first TReDS exchange platform, established on December 3, 2016. It is a joint venture between SIDBI, the apex institution for MSME development, and the National Stock Exchange of India (NSE), the country’s leading stock exchange. RXIL is dedicated to strengthening India’s MSME ecosystem by providing small businesses with seamless access to working capital. By accelerating the liquidation of receivables, RXIL eliminates payment delays, streamlines the credit cycle, and empowers MSMEs to unlock their full growth potential. As a trusted digital marketplace, RXIL enables smooth collaboration between buyers, sellers, and financiers, offering a transparent, efficient, and innovative platform that drives financial inclusion and economic growth.