Minimum Investment
₹ 3L
Minimum Tenure
1 months
Returns
12% - 20%
KredX is one of the oldest invoice discounting platform. But, Major issue in it is the large minimum investment of 3L for each deal.
Pros:
- - Good returns ranging from 12% to 20% for Invoice discounting in various times
Cons:
- - Multiple delays recently. Sapos and Dunzo money are not paid back yet to the investors
- - 3L Minimum investment is huge comparing to every other platforms available
RedFlags
Dunzo Deal Delay
Dunzo's post dated cheque got bounced on July 2023. Kredx went ahead with legal proceedings. As of Dec 2023, Investors didn't get the money back yet. Still, it is under proceedings. we will update here once it is done. Check attached mail for the last update.
Sapos Deal Delay
Sapos's deal was defaulted on Kredx platform. Kredx went ahead with legal proceedings. As of Dec 2023, Investors didn't get the money back yet. Still, it is under proceedings. we will update here once it is done. Check attached mail for the last update.
