UAE-Based Maalexi Lands US$20 Million Credit Facility From Amwal Capital Partners
Founded by Rohit Majhi and Azam Pasha in the UAE in 2021, Maalexi enables SMEs to participate directly in cross-border food and agri-trade by reducing risk, optimizing capital, and improving transaction security.
Maalexi, a UAE-based B2B food and agriculture platform, has secured a shariah-compliant credit facility of up to US$20 million from Dubai-based investment firm Amwal Capital Partners, beginning with an initial $5 million tranche.
Founded by Azam Pasha and Rohit Majhi in the UAE in 2021, Maalexi enables SMEs to participate directly in cross-border food and agri-trade by reducing risk, optimizing capital, and improving transaction security. Its platform uses proprietary technologies to manage credit, inventory, compliance, and logistics.
The financing is set to support Maalexi’s expansion in the UAE and Saudi Arabia, and reinforce its efforts to strengthen food security across the region. The agreement also sets the stage for a future investment at a larger scale as the company builds trade volumes and advances its data-driven risk management systems.
In an interview with Inc. Arabia, Pasha, co-founder and CEO of Maalexi, explained how the new facility ties directly into Maalexi’s broader vision for agri-trade. “Innovative financing models like this unlock access to structured, risk-mitigated capital, especially Islamic finance, while positioning Maalexi as a key enabler of regional food security through secured and sustainable SME supply chains,” Pasha said. “By integrating insured receivables with blockchain-authenticated trade documentation, we transform drawdowns into a fully digital, data-driven process—making trade transparent, compliant, and scalable. This approach not only lowers entry barriers for SMEs using our platform for procurement, but also creates verifiable trust signals for lenders and investors, fundamentally reshaping how growth capital flows into agri-trade.”
For Maalexi, scaling in agri-trade meant confronting one of the sector’s biggest pain points: how to guarantee trust across fragmented supply chains. “We developed 10 integrated digital tools—covering major operational risks—that capture and validate data at every stage of the transaction,” Pasha shared. “By embedding risk controls into the platform, building data processing abilities complemented by artificial intelligence (AI) tools, and leveraging real-time data monitoring by putting internet of things (IoT) applications in place, we ensure end-to-end visibility and enforce contractual performance. This technology-driven, data-backed framework has enabled us to scale confidently, while minimizing the operational risks that typically undermine growth in agri-trade. Another key focus has been working closely with low-tech customer segments to continuously refine our data visualization interfaces, making it easier for them to interpret insights and make well-informed decisions.”
The credit facility will operate as a fully technology-enabled securitisation structure, built to monitor daily risk positions in real time and process swift, small-ticket transactions through Maalexi’s patented blockchain-secured automation. Building on this foundation, Pasha told Inc. Arabia that Maalexi is also preparing to widen its reach beyond the UAE. “Our roadmap includes expansion both upstream and downstream across the agri-trade supply chain, powered by data and technology,” Pasha revealed. “Upstream, we are entering key origin markets—such as India, Brazil, China, Vietnam, and East and West African countries—where our platform will integrate directly with farmer-producer organizations, cooperatives, and exporters to capture real-time data at source. This not only secures supply, but also reduces costs and ensures full digital traceability from origin.”
In the near term, the company is sharpening its downstream focus by strengthening its presence in Saudi Arabia, leveraging its tech-enabled procurement and verification tools to capture demand, enhance market linkages, and deliver data-driven visibility across GCC markets and other countries that source agricultural produce through the UAE. Looking ahead, Maalexi also intends to channel equity capital into building new layers of technology, from proprietary datasets to a tokenization framework that enables near-instant transactions and payments. ACP’s involvement, meanwhile, will go beyond financing to provide strategic support aimed at reinforcing Maalexi’s role across the food and agriculture value chain.
For other entrepreneurs operating in the same domain as Maalexi, Pasha advised them to focus on solving real, structural pain points in the supply chain. “The most valuable solutions are those that leverage technology and data to eliminate inefficiencies, reduce risks, and deliver measurable impact at scale,” he explained. “Customers want systems that provide transparency, ensure quality and reliability, and simplify decision-making with trusted data. By demonstrating how a solution de-risks and strengthens their operations, technology becomes not just a tool, but a partner in building resilient and efficient supply chains.”
Pictured in the lead image are Maalexi co-founders Rohit Majhi and Azam Pasha. Image courtesy Maalexi.
