Abu Dhabi-based Maalexi signs partnership to support India’s agricultural trade financing
ABU DHABI, June 29, 2017 (WAM) – Maalexi, the Abu Dhabi-based agricultural trade technology startup, Hub71, has signed a strategic alliance agreement with international trade finance services platform RXIL Global IFSC Limited, with the aim of improving access of Indian exporters, especially SMEs, to trade finance solutions for cross-border agricultural transactions.
Azam Pasha, CEO of Maalexi Inc, said: “Small and medium-sized agricultural enterprises deserve to benefit from business infrastructure and financing opportunities at the same level as large multinational corporations, and this alliance with RXIL Global directly embodies this belief.”
Maalexi provides integrated agricultural trade execution capabilities, including supplier and buyer verification, trade data management, logistics and warehousing coordination, and digital asset representation across commodity supply chains. By operating warehouses and trade infrastructure in the GCC, Europe, and India, the company creates organized, audit-ready trade records, enhancing transparency and trust in cross-border transactions.
For his part, Ganesh Nalawade, CEO of RXIL Global, said: This alliance brings together integrated capabilities that can contribute to improving agricultural exporters’ access to trade finance solutions. By linking documented trade transactions to a network of regulated finance providers, we aim to support higher levels of efficiency and transparency and expand participation in cross-border trade.
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