Credlix Launches India Sourcing to Boost India-Mexico Trade Ties

• Credlix launches India-Mexico Connect to enable seamless, collateral-free trade between Indian suppliers and Mexican buyers.
• Unveiled at the Indian Embassy in Mexico, marking a shift toward stronger economic collaboration.
• Boosts India-Mexico trade by simplifying sourcing, financing, and cross-border payments.

Credlix, a global fintech platform with a focus on cross-border supply chain financing, announces the launch of its new offering, India-Mexico Connect to promote closer ties between India and Mexico in trade.

The service was announced during the IndMex Chamber event hosted by the Embassy of India in Mexico, where Mexican buyers can now source industrial products from over 20,000 Indian suppliers covering the entirety of Moglix-Credlix network of suppliers. This is the first time that an Indian B2B startup has launched India-Mexico Connect in Mexico.

The event, hosted by the Embassy of India, was held on June 19 and had many notable dignitaries present, including H.E. Dr. Pankaj Sharma, Ambassador of India to Mexico, and Daniel Becker Feldman, CEO of Banca Mifel who both emphasized that they were going from goodwill and diplomatic relations to tangible economic results.

Also Read: Piyush Goyal Meets L'Oreal, Temasek Execs to Boost Exports, FDI

Rahul Garg, Founder & 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. Sharma noted that momentum has been developing in the bilateral relationship between the countries, while Becker Feldman highlighted India’s digital payments model and the significant amount of unfilled demand from the Mexican side for development in digital finance.

India-Mexico Connect deals with longstanding cross-border trade dilemmas such as restricted trade finance access, shipping conditions complexities, and payment risks with a digital-first, collateral-free financing platform. Mexican companies can now import all kinds of goods including automotive parts, chemicals, textiles, and electronics with up to 90% invoice finance available at time of shipment.

The initiative taps into broader trends like China+1 and Indo-Pacific cooperation, with a view to growing the minimal $11 billion India-Mexico trade volume, positioning India as a strategic sourcing hub, and Credlix as a key enabler of this new trade corridor.