Hub71 startup Maalexi, an Abu Dhabi-based agricultural trade technology company, has signed a strategic alliance agreement with RXIL Global IFSC Limited (RXIL Global), an International Trade Financing Services (ITFS) platform regulated by the International Financial Services Centers Authority (IFSCA) in India, to improve access to trade finance for Indian agricultural exporters.
The alliance is aimed at expanding trade finance access for cross-border agricultural transactions involving Indian exporters, particularly small and medium-sized enterprises (SMEs).
By combining Maalexi’s trade execution capabilities and supply chain network with RXIL Global’s financing platform, the companies will explore opportunities to facilitate financing for eligible agricultural trade transactions in line with applicable regulatory requirements.
The partnership brings together complementary capabilities across agricultural trade execution and financing. Maalexi provides end-to-end agricultural trade execution services, including supplier and buyer verification, trade data management, logistics coordination, warehousing and digital asset representation across commodity supply chains. Operating warehousing and trade infrastructure across the GCC, Europe and India, the company generates structured and audit-ready trade records designed to enhance transparency and confidence in cross-border transactions.
Under the proposed collaboration, eligible trade records generated through Maalexi’s platform may be presented through RXIL Global’s financing workflows, enabling participating financial institutions to independently assess receivables and inventory-backed transactions for financing opportunities. All financing decisions will remain solely at the discretion of participating financial institutions.
“Maalexi was built on a single conviction: that agricultural SMEs deserve the same quality of trade infrastructure and financing access that large multinationals get easy access to. This alliance with RXIL Global is a direct expression of that conviction. We have spent years building physical presence – warehouses, verified supply chains, standardized trade records – across the GCC, Europe, and India. Connecting that real-world infrastructure to a regulated institutional financing marketplace is the next logical step, and we are doing it with the rigor and compliance discipline that long-term trust demands.”
Ganesh Nalawade, Chief Executive Officer, RXIL Global said that, “This alliance brings together complementary capabilities that can help improve access to trade finance for agricultural exporters. By connecting verified trade transactions with a network of regulated financing providers, we aim to support greater efficiency, transparency and participation in cross-border trade.”
