Maalexi, RXIL Global to boost food logistics financing

Maalexi and RXIL Global IFSC Limited have signed a strategic alliance to improve trade finance access for agricultural exporters, with a focus on cross-border food logistics and SME participation in India’s agri trade.

The partnership will link Maalexi’s trade execution system, including its warehouses and supply chain network across the GCC, Europe and India, with RXIL Global’s regulated trade financing platform. The aim is to support financing for eligible agricultural transactions using verified trade records.

The companies will explore ways to use Maalexi’s logistics and warehouse data to support financing decisions by participating financial institutions. This includes trade records linked to storage, movement, and execution of agricultural goods.

Ganesh Nalawade, Chief Executive Officer, RXIL Global said, "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."

The focus is on improving access to working capital for agricultural exporters, especially SMEs, who often face delays in financing during storage and shipment cycles. Better visibility of food logistics data is expected to help lenders assess transactions more efficiently.

Under the agreement, financing decisions will remain with participating financial institutions, while the platforms will enable better data flow and transparency in agri trade. The alliance also supports stronger UAE–India trade links by connecting Abu Dhabi’s trade technology ecosystem with India’s regulated trade finance infrastructure for agricultural goods.