openPR Logo
Press release

IOUX Launches Its Innovative Products For Ease Of Doing Business

IOUX - Smart Contracts and Finance

IOUX - Smart Contracts and Finance

IOUX, which is a unit of Petit Moyen Kapital – an RBI registered NBFC, is an innovative Fintech platform for the creation and finalisation of any legal agreements or contracts and offers various other services such as eKYC, eSigning and e-stamping (Online order and provisioning of Stamp Papers) The mechanism allows users to make edits and finalise documents on the go, enabling them to execute contracts in a one-stop integrated and speedy fashion.

The platform was launched by Mr. Vineet K. Sachdev and Dr. H.P. Kumar. Mr. Vineet K. Sachdeva has previously been involved in consulting and advising various business organisations to achieve success in areas of Information technology and Finance.

Dr. Harish Pal Kumar has had a notable presence in the MSME sector for over 30 years. Dr. Kumar, former chairman & managing director NSIC (a government of India PSU) has also held several senior positions of corporate head of finance of public sector corporations, and has been a member of various committees of the government concerning issues related to banking, finance & industry and the MSME sector in particular.

IOUX was launched with the aim of formalising and digitizing contractual and financial operations in the MSME sector, and aims to create a fast, intuitive system for individuals or business entities to be able to instantly form legally enforceable commitments with each other. The product also provides services related to the digital financing of bills and invoices, along with unique tools like Cheque payment Assurance and Invoice Payment Commitment, aimed at circumventing the problem of delayed payments faced by a majority of the MSME sector.

To avail services offered by IOUX please visit : https://ioux.in/
smo@ioux.in

401 - Arunachal Building, 19, Barakhamba Road, New Delhi 110001

The company Petit Moyen Kapital Private Limited is a Fintech Start up from India & a Non Banking Finance Company (NBFC) registered with RBI. Company is founded by experienced IT & Finance Professionals and enjoys close association & history of assisting over 2000 industry clusters all over India. Company offers ‘IOUX’ Smart Contracts & Financing solutions through a robust A.I & Distributed Ledger Technology Platform for Creating Smart Contracts, Digital Execution & Storage of Documents, KYC Authentication & Invoice Financing to bring real ‘Ease of Doing Business’ for all by authenticated & efficient transactions between formal & informal business enterprises.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release IOUX Launches Its Innovative Products For Ease Of Doing Business here

News-ID: 2278419 • Views:

More Releases for MSME

Budget 2025-26: Boosting MSME Growth
New Delhi: The Union Budget 2025-2026, which was delivered by Finance Minister Nirmala Sitharaman, places a heavy emphasis on supporting the Micro, Small, and Medium Enterprise (MSME) sector. The budget acknowledges its vital role in creating jobs and promoting economic growth. It presents several initiatives to facilitate MSME registration, improve finance availability, and encourage technological use and innovation. https://www.corpseed.com/service/msme-registration Key Highlights: Revised MSME Definition: The government has raised the investment and turnover thresholds
Dr. Vikram Chauhan Honored at Emerging Punjab MSME Conclave
November 14, 2024 - Punjab, India - Globally Renowned MD-Ayurveda Expert and Entrepreneur, Dr. Vikram Chauhan, was honored today at the Emerging Punjab MSME Conclave, organized by Zee Punjab, Haryana, Himachal. The event recognized Dr. Vikram Chauhan for his exemplary contributions to the state's development through his pioneering work in Ayurveda, significantly contributing to Punjab's economic growth and elevating it on the global stage. The award was presented by Shri Tarunpreet
What is msme loan? Who is eligible for a msme loan, as well?
Miniature, Little, and Medium Undertakings (MSMEs) assume a critical part in driving monetary development and business age around the world. Be that as it may, these undertakings frequently face moves in getting to satisfactory funding to help their development and extension drives. To address this need, monetary foundations offer particular advance items known as MSME loans. What is a MSME Loan? A MSME loan is a monetary item explicitly intended to meet
Johari Digital Healthcare Ltd. Clinches Prestigious "Pharmaceutical & Healthcare …
Johari Digital Healthcare Limited, a leading medical device manufacturing company, has been conferred with the esteemed "Pharmaceutical & Healthcare MSME of the Year" award at the ET MSME Awards 2023. The award ceremony, held in New Delhi, recognized outstanding Micro, Small, and Medium Enterprises (MSMEs) for their exceptional contributions to the economy, marked by significant achievements in business growth, market performance, job creation, and impactful socio-economic initiatives. The Grand Finale and
MSME Financing Market in India 2023
HTF Market Intelligence released a new research report of 82 pages on title 'MSME Financing Market in India 2023' with detailed analysis, forecast and strategies. The market Study is segmented by key a region that is accelerating the marketization. The study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources. This section also provides the scope of different segments
Digitisation to Encourage Online Applications for MSME Loan
According to recent studies, digital lending to MSMEs will witness a 15x growth by 2023, attributed by digitization and influx of last-mile lenders such as digital lending companies and NBFCs. The MSME sector in India is highly underserviced and doesn't have access to formal credit. Over 60% of the MSME sector resort to some sort of informal credit on unfavourable terms and very high interest rates. The advent of fintech