Credlix, a global fintech platform for cross-border supply chain financing, has launched its India–Mexico Connect service to support trade and financing between Indian exporters and Mexican buyers. The initiative, introduced during the IndMex Chamber event at the Embassy of India in Mexico on June 19, is designed to simplify sourcing and financing of industrial products from India.
The event was attended by Dr. Pankaj Sharma, Ambassador of India to Mexico, along with Daniel Becker Feldman, CEO of Banco Mifel, and representatives from the Trade and Commerce Council of India and Mexico (IndMex).
India–Mexico Connect enables Mexican businesses to source industrial goods from over 20,000 Indian suppliers within the Moglix network, the parent company of Credlix. The platform also provides collateral-free invoice-based export financing covering up to 90 per cent of shipment value.
Supporting trade and capital access
Rahul Garg, Founder and CEO of Moglix and Credlix, said, “With the launch of India Sourcing for Mexico, we are enabling a new chapter in India–LATAM trade. As Mexico grows as a nearshoring hub and India expands its manufacturing base, this initiative bridges both supply and capital gaps, creating stronger global value chains.”
Dr. Pankaj Sharma highlighted the shift from diplomatic engagement to tangible business cooperation, noting the expanding trade partnership between the two countries. Daniel Becker Feldman remarked on the digital transformation potential in Mexico’s financial landscape, referencing India’s digital payments infrastructure as a model.
Through this platform, Mexican buyers can procure a variety of products—including automotive components, engineering goods, chemicals, bulk packaging, textiles, and electronics—while also addressing challenges related to payment security, sourcing complexity, and limited trade finance access.
India–Mexico Connect integrates procurement and finance into a digital platform aimed at reducing transaction barriers and supporting growth in the current $11 billion trade between the two countries. The initiative is aligned with global shifts in supply chain strategies, including China+1 diversification and Indo-Pacific cooperation.
