M1xchange subsidiary Mynd Fintech buys C2FO India
03 Jul 2026, 01:45 PMThe transaction will bring nearly 100 employees and 140 clients from C2FO India into Mynd Fintech.
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Mynd Fintech, the supply chain financing arm of M1xchange, has acquired C2FO India.
The transaction will bring nearly 100 employees and 140 clients from C2FO India into Mynd Fintech, creating a larger platform expected to handle around Rs 60,000 crore in annual transaction volume.
Financial details of the transaction were not disclosed.
The acquisition strengthens Mynd Fintech’s position in the supply chain finance segment by adding C2FO India’s technology platform, workforce, and customer base.
Both companies operate under RBI-issued TReDS licences.
C2FO India, backed by US-based C2FO, provides businesses with early invoice payment and working capital solutions, supporting approximately 200,000 suppliers and serving many leading Indian corporates.
M1xchange is backed by investors including Amazon, IndiaMART and Beenext.
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