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Credlix, a global fintech platform specialising in cross-border supply chain financing, has launched the India鈥揗exico Connect initiative to boost bilateral trade. Announced at an event hosted by the Embassy of India in Mexico, the service allows Mexican buyers to source industrial products directly from over 20,000 Indian manufacturers, backed by collateral-free trade financing of up to 90 per cent at the time of shipment.

Introduced at the IndMex Chamber event on 19 June in Mexico City, the launch was attended by H.E. Dr Pankaj Sharma, Ambassador of India to Mexico, and Daniel Becker Feldman, CEO of Banco Mifel. The initiative, supported by the Trade and Commerce Council of India and Mexico (IndMex), marks the first instance of an Indian B2B platform offering integrated sourcing and financing solutions in the Mexican market.

Credlix鈥檚 parent company Moglix brings a robust product network spanning automotive parts, engineering goods, chemicals, textiles, bulk packaging, and electronics. The platform combines procurement and invoice-based export financing to reduce sourcing complexity, improve payment security, and enhance capital access for Mexican businesses.

Rahul Garg, Founder & CEO of Moglix and Credlix, said, 鈥淎s Mexico grows as a nearshoring hub and India strengthens its manufacturing base, this platform bridges supply and capital gaps, reinforcing global value chains.鈥�

Ambassador Sharma highlighted the shift from diplomatic goodwill to actionable trade outcomes, while Becker Feldman noted Mexico鈥檚 growing appetite for digital finance and lauded India鈥檚 digital infrastructure as a model.

With India鈥揗exico trade currently at USD 11 billion, far below Mexico鈥檚 USD 120 billion trade with China, this move aims to significantly expand trade volumes. Aligned with global trends such as China+1 diversification, nearshoring, and Indo-Pacific economic cooperation, India鈥揗exico Connect positions India as a credible sourcing partner and Credlix as a fintech enabler of bilateral growth.