RXIL Global IFSC Limited

What RXIL Global IFSC Limited does

RXIL Global IFSC Limited is a GIFT City-based fintech subsidiary of Receivables Exchange of India Limited (RXIL), itself a joint venture between the National Stock Exchange (NSE) and the Small Industries Development Bank of India (SIDBI). Incorporated in 2022 and regulated by the International Financial Services Centres Authority (IFSCA), the company operates the International Trade Financing Services (ITFS) platform — a digital marketplace that connects Indian MSME exporters and importers with global financial institutions for cross-border trade finance. The platform addresses the 30-120 day payment gap inherent in international trade by offering pre-shipment financing, export factoring, post-shipment financing, and import factoring through an online auction-based price discovery mechanism. Technical integration is supported via API and SFTP connectivity, with paperless digital onboarding for participants.

The company's business model is transaction-fee based, generating revenue from facilitating trade finance between MSMEs and financiers on the platform. Customer segments are organized horizontally: exporters (primary), importers, and financiers. Distribution is digital-first via the ITFS web portal and a regional sales representative network covering North, East, South, and West India. The platform competes on regulatory positioning (IFSCA oversight and GIFT City status), institutional parentage (NSE-SIDBI), and competitive cost through auction-based rate discovery. RXIL Global reports facilitating USD 29.77 Billion+ in financing benefiting 57,500+ SMEs (INR-denominated, attributed to the broader RXIL franchise) and USD 5.5 Billion+ in factoring volume. The company maintains a small team of 11-50 employees and appointed Ganesh Nalawade as CEO in May 2026 to lead its next phase of growth in international trade finance.

Name

RXIL Global IFSC Limited

Legal name

RXIL Global IFSC Limited

Website

https://rxilglobal.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

RXIL Global IFSC Limited operates the ITFS digital marketplace, a GIFT City-based platform connecting Indian MSME exporters and importers with global financial institutions for cross-border trade finance via factoring, pre-shipment, and post-shipment financing.

Ownership category

akta.pro rank

Product category

Trade Finance Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

akta.pro primary industry

Structured Trade & Export Credit (ECA-backed, Structured Solutions) (FSABAHAJ)

akta.pro secondary industries

Trade & Invoice Payments (Cross-Border B2B) (FSAMAIAL), Cross-Border & FX Payments Platforms (BPAMAFAK), Cross-Border Payment Orchestration & Routing (FSAGAKAJ)

Keywords

• Trade finance marketplace
• Export factoring services
• International trade financing
• Pre-shipment financing
• MSME trade lending

Headquarters

HQ city

Gandhinagar

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Trade Finance Transaction Facilitation: Facilitation of trade finance transactions between exporters/importers and global financial institutions through the ITFS platform. Revenue generated from transaction fees on financed amounts.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

RXIL Global IFSC Limited operates the International Trade Financing Services (ITFS) Platform, an electronic marketplace that connects MSME exporters and importers with multiple global financial institutions to facilitate trade finance. The platform offers Pre-shipment Financing, Export Factoring, Post-shipment Financing, and Import Factoring products through paperless digital onboarding, API/SFTP connectivity, and auction-based price discovery. The company is regulated by IFSCA and operates from GIFT City, Gandhinagar, India.

Product overview

RXIL Global IFSC Limited operates the International Trade Financing Services (ITFS) Platform as its core product offering. The ITFS Platform is an electronic marketplace that connects exporters and importers with multiple financiers to facilitate trade finance. It offers four main financing products: Pre-shipment Financing (credit for manufacturing/production), Export Factoring (collateral-free financing for exporters), Post-shipment Financing (credit to support overseas business growth), and Import Factoring (coverage of importer default risk). The company has facilitated USD 5.5 billion+ in factoring and has provided financing of USD 29.77 billion+ benefiting 57,500+ SMEs in India. RXIL Global is a subsidiary of Receivables Exchange of India Limited (RXIL), regulated by IFSCA in GIFT City.

Differentiator

Problem solved

Functional benefit

Brands

• ITFS (International Trade Financing Services): Electronic marketplace platform for facilitating trade finance requirements of exporters and importers by providing access to multiple financiers through factoring, forfaiting, and other trade financing services.

Products and services

• International Trade Financing Services (ITFS) Platform

Quantifiable outcome

• USD 29.77 Billion+ financing facilitated benefiting 57,500+ SMEs
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Receivables Exchange of India Limited (RXIL)coreStrategic or Co-development PartnerRXIL Global is a subsidiary of RXIL (NSE-SIDBI joint venture). RXIL has a legacy of empowering MSMEs and provides the foundational platform and expertise for international trade financing services through the ITFS platform.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Invoicemart: Indian TReDS platform jointly operated by Axis Bank and mjunction. Comparable digital invoice-discounting marketplace for Indian MSMEs and financiers, operating under similar regulatory framework.
• OfBusiness: Indian B2B commerce and credit platform providing financing solutions to SMEs, including in trade and supply-chain contexts. Comparable target customer (Indian MSMEs) and overlapping fintech-led financing offerings, though OfBusiness is broader in scope.
• KredX: India-headquartered invoice discounting and receivables financing platform serving businesses including exporters. Operates a similar digital marketplace connecting businesses with financiers for short-term financing against invoices.
• Vayana Finance: India-based cross-border trade finance platform facilitating transactions between Indian businesses and global suppliers/buyers. Closely comparable business model of digitally intermediating trade finance between MSMEs and financial institutions.
• 360tf: Digital trade finance and factoring platform where RXIL Global's CEO previously served as COO. Operates in adjacent factoring and trade-finance workflows and is a directly comparable platform in the digital trade-finance space.
• Receivables Exchange of India Limited (RXIL): Parent company of RXIL Global and a NSE-SIDBI joint venture operating India's leading TReDS platform for MSME invoice discounting. Directly comparable as both operate digital trade-finance/factoring marketplaces for Indian MSMEs; RXIL Global effectively extends RXIL's domestic model to international trade.
• M1xchange: TReDS platform in India (backed by Mynd Solutions) that facilitates MSME invoice discounting. Comparable as a regulated TReDS marketplace serving Indian MSMEs with institutional financiers, though M1xchange focuses on domestic rather than cross-border trade.

Broad incumbents

• LiquidX: Global trade-finance and working-capital platform specialising in receivables financing, factoring, and supply-chain finance. Comparable fintech-led intermediation of trade finance between corporates and institutional funders.
• Tradeshift: Global B2B marketplace and trade-finance platform connecting buyers, suppliers, and financing partners. Comparable as a digital platform enabling cross-border trade and embedded financing, though Tradeshift is broader (invoicing, supply chain) and serves larger enterprises.

Emerging players

• Marco Polo Network (R3/TradeIX successor): Blockchain-based open-account trade-finance network connecting banks, corporates, and platforms. Comparable focus on digital cross-border trade finance, though Marco Polo is more enterprise-bank oriented than MSME-oriented.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@RXILGlobalITFS
• LinkedInlinkedin.com/company/rxil-global

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RXIL Global IFSC Limited