I am looking for some good, less risky short term investments ranging from a few months upto a period of five years. There are some investment opportunities in fixed deposits, commercial papers, bonds/NCD and invoice discounting.
Some platforms I have come across for invoice discounting investment are:
altGraaf
TradeCred
GripInvest
OroWealth
Better Invest Club
Looking for experiences of people who have had experience investing in these areas/platforms in the past.
Have tried KredX and TradeCred for about 2 yrs…Both are good. Be careful when funding/investing in startup related deals as there could be cash flow issues anytime due to biz environment like it happened when covid started…some investors faced repayment issue that time.
Have tried, altgraaf/tradecred and there was no issue in repayments. You can select the companies as per your comfort level and altgraaf also does its own due diligence before bringing any company on board.
Stopped investing last year as RBI policies still not much clear on NRI investments in Invoice discounting.
I used to park cash/liquid in Altgraaf until recently, but stopped as I think (opinion, no hard evidence) the platform is acting with less prudence than it should. Recently spotted some listings - promoters of questionable integrity and complex group structures aggressively raising funds here. While Altgraaf/Jiraaf hasn’t yet delayed any payments, I would rather not lose my sleep to earn a few extra bucks by taking this unnecessary risk.
There is already a delay from Arzoo invoices and a potential default.
I stopped my investments few months before as risks outweigh the benefits.
All platforms are bothered about their profits and we need to be aware before investing
