Abu Dhabi, United Arab Emirates: Maalexi, an Abu Dhabi-based agribusiness technology startup based in Hub71, has signed a strategic alliance agreement with RXIL Global IFSC Limited (RXIL Global), an ITFS (International Trade Finance Services) platform regulated by the International Financial Services Centres Authority (IFSCA) in India.

This alliance aims to improve access for Indian exporters, particularly small and medium-sized enterprises (SMEs), to trade finance solutions for cross-border agricultural transactions. By combining Maalexi's trade execution capabilities and supply chain network with RXIL Global's financing platform, the two companies will explore opportunities to facilitate access to finance for eligible agricultural trade transactions, in accordance with applicable regulatory requirements.

In this regard, Azzam Pasha, CEO of Maalexi Inc., said: “Maalexi was founded on the firm belief that small and medium-sized agricultural enterprises deserve to benefit from the same level of commercial infrastructure and financing opportunities as large multinational corporations. This alliance with RXIL Global directly embodies this belief. We have spent years building a physical presence that includes warehouses, documented supply chains, and consolidated commercial records in the GCC, Europe, and India. Linking this on-the-ground infrastructure to a structured corporate financing platform is the natural next step, and we are proceeding with the necessary precision and discipline in regulatory compliance to establish long-term trust.”

This partnership brings together two complementary platforms. Maalexi provides integrated capabilities for agricultural trade operations, including supplier and buyer verification, trade data management, logistics and warehousing coordination, and digital asset representation across commodity supply chains. Operating warehouses and trade infrastructure in the GCC, Europe, and India, the company establishes organized and auditable trade records, enhancing transparency and trust in cross-border transactions.

Under the proposed collaboration, eligible trade records generated via the Maalexi platform can be submitted to RXIL Global's financing operations, enabling participating financial institutions to conduct an independent assessment of accounts receivable and inventory-backed transactions to explore financing opportunities. All financing decisions remain solely at the discretion of the participating financial institutions.

Ganesh Nalawad, CEO of RXIL Global, said: “This alliance brings together complementary 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.”

As a Hub71 startup, Maalexi continues to expand its operations from Abu Dhabi, building infrastructure that facilitates access to finance for agricultural trade across global markets. This partnership reflects the ability of Abu Dhabi’s innovation ecosystem startups to develop solutions that address real-world challenges in trade, supply chains, and access to finance, while strengthening trade links between key markets such as the UAE and India.

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