C2treds

What C2treds does

C2treds is an RBI-authorized Trade Receivables Discounting System (TReDS) platform operated by C2FO Factoring Solutions Private Limited, a private limited company incorporated in Delhi in 2020 (CIN: U67100DL2020FTC362201) and operating from a corporate office in Noida, Uttar Pradesh. The platform connects three participant sides — MSME suppliers, corporate buyers with annual turnover above ₹250 crore, and registered banks and NBFCs — into a single digital marketplace that converts accepted invoices into immediately fundable Factoring Units and runs a competitive reverse-factoring bidding process among financiers. The underlying technology is built on C2FO's global on-demand working capital infrastructure, supplemented by seamless ERP integration, bank-grade security (VPC flow logs, intrusion detection, SSL, multi-level authentication), and an in-development integration layer with GST Network, Udyam, and MCA for real-time verification.

The platform monetizes through three streams: one-time registration fees, annual maintenance fees, and per-transaction charges calculated against invoice value, with MSME suppliers receiving subsidized rates compared with corporates and financiers. Distribution combines direct enterprise field sales for buyers and financiers with a digital self-service onboarding flow for MSME suppliers (documented as a roughly 10-minute KYC process), and the company monetizes event-driven demand generated by the November 2024 government notification mandating TReDS onboarding for large companies by June 30, 2025.

C2treds is a wholly-owned strategic initiative of C2FO, the world's largest on-demand working capital platform, which has facilitated more than $445 billion in global funding for 2 million+ businesses; in India, the platform reports 142,754 MSME suppliers, 8,773 top-rated buyers, and 75 registered financiers (per the homepage) on cumulative invoice processing of ₹570,772 crore. The team is lean at approximately 17 employees, led by a four-person senior leadership group drawn from HDFC Bank, Axis Bank, ICICI Bank, Mintifi, C2FO India, and AU Small Finance Bank. Strategic positioning leverages C2FO's B20 2023 policy paper recognition and the launch of the Delayed Payments Report 3.0 by India's Chief Economic Advisor to establish policy-aligned thought leadership.

Name

C2treds

Legal name

C2FO Factoring Solutions Private Limited

Website

https://c2treds.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

C2treds is an RBI-authorized TReDS platform, operated by C2FO Factoring Solutions Private Limited, that enables MSME suppliers, corporate buyers, and registered banks and NBFCs to discount invoices and access working capital through a competitive digital bidding marketplace built on C2FO's global infrastructure.

Ownership category

akta.pro rank

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Transaction Charges: Each transaction carried out on the platform attracts charges based on invoice value or discount amount. Fees are typically paid by the seller or buyer who initiates the transaction. Rates are designed to remain minimal to make financing affordable for MSMEs.
2. Registration Fee: One-time registration fee charged at the time of onboarding to cover verification, documentation, and account setup. Amount varies by participant type (seller, buyer, or financier).
3. Annual Maintenance Fee: Annual fee to keep participant accounts active and support platform services, updates, and ongoing technical support. MSMEs often enjoy lower or subsidized annual fees compared to large corporates and financiers.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels8 records

Core offering

C2treds is an RBI-approved Trade Receivables Discounting System (TReDS) platform operated by C2FO Factoring Solutions Private Limited. It operates a digital marketplace that enables MSME suppliers to convert invoices into immediate working capital by connecting them with corporate buyers and registered banks/NBFCs for competitive invoice discounting (factoring and reverse factoring). The platform supports digital onboarding, ERP integration, Factoring Unit management, and multi-financier competitive bidding.

Product overview

C2treds operates as a single unified TReDS platform, an RBI-authorized digital marketplace that enables MSMEs to convert invoices into immediate working capital. The platform facilitates two transaction types: Factoring (seller-initiated) and Reverse Factoring (buyer-initiated), connecting MSME suppliers, corporate buyers, and registered financiers. As a strategic initiative powered by C2FO, C2treds leverages C2FO's global working capital network and technology to deliver invoice discounting, ERP integration, and competitive bidding services within a single platform. There are no separate module or sub-brand products—all functionality is delivered through the core C2TReDS Platform.

Differentiator

Problem solved

Functional benefit

Products and services

• C2TReDS Platform RBI-approved Trade Receivables Discounting System (TReDS) platform that facilitates early MSME payments through invoice discounting by connecting MSME suppliers, corporate buyers, and banks/NBFCs on a unified digital marketplace. Supports Factoring (seller-initiated) and Reverse Factoring (buyer-initiated) transactions with ERP integration and competitive bidding.

Quantifiable outcome

• ₹320,718 crore worth of invoices processed on the platform
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature5 records

Partnerships

One partnership is on record.

• C2FO (C2FO Corp)coreStrategic or Co-development PartnerC2treds is a strategic initiative powered by C2FO, the world's largest on-demand working capital platform. C2FO provides technology infrastructure, global expertise, and access to its network of 2 million+ businesses and $445 billion+ in funding facilitated globally. C2treds leverages C2FO's strengths to offer MSMEs flexible working capital solutions in India.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Vayana Network: Supply chain financing network in India connecting MSMEs, buyers, and financiers. Competes with C2treds in the broader working capital ecosystem.
• KredX: Indian invoice discounting and working capital platform that operates in the same MSME financing space as C2treds, though using a broader set of products beyond TReDS.
• Invoicemart (Mjunction Services): RBI-authorized TReDS platform operated by mjunction, a joint venture of Tata Steel and SAIL. Directly competes with C2treds in TReDS-based invoice discounting for MSMEs.
• RXIL (Receivables Exchange of India): RBI-authorized TReDS platform in India jointly promoted by NSE and SIDBI. Directly competes with C2treds in facilitating MSME invoice discounting among buyers, suppliers, and financiers.
• CredAble: Working capital and supply chain finance platform serving Indian corporates and MSMEs. Overlaps with C2treds in invoice financing and supply chain finance solutions.
• M1xchange (Mynd Solutions): RBI-approved TReDS platform focused on MSME invoice discounting. Competes head-to-head with C2treds in the same regulatory and customer framework.

Broad incumbents

• Taulia: Global working capital platform owned by SAP. Comparable to parent C2FO and a broader-incumbent analog competing in the supply chain finance / early payment space that C2treds's parent competes in globally.
• Demica: International supply chain finance platform providing working capital solutions to corporates and suppliers. Comparable to parent C2FO and adjacent to C2treds's invoice discounting proposition.
• PrimeRevenue: Global supply chain finance platform facilitating early payment between buyers and suppliers. Comparable to C2FO (parent of C2treds) as a competing global working capital provider.

Regional players

• Fininvoice (Tata Capital): Indian TReDS-facilitated invoice discounting service backed by Tata Capital. Competes in the same TReDS-regulated space as C2treds, leveraging the Tata ecosystem for buyer relationships.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/C2treds
• Facebookfacebook.com/61572883032535
• LinkedInlinkedin.com/company/c2treds
• Instagraminstagram.com/c2treds_official

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about C2treds