Connect with us

MAM

ONDC and Proxtera to unlock cross-border B2B prospects

Published

on

Mumbai:  Open Network for Digital Commerce (ONDC), an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India, forays into international B2B exports with Proxtera coming in as its first international Buyer App.

Proxtera is the operationalisation of the Business Sans Borders (BsB) initiative led by the Monetary Authority of Singapore (MAS) and the Infocomm Media Development Authority (IMDA). Proxtera is an innovative meta-hub that will connect B2B platforms and SMEs to explore trade opportunities, secure essential financing, and embrace digital transformation through the ONDC Network.

With the ONDC Network enabling B2B exports, Indian businesses will benefit from increased product visibility and digital access to digital markets. Businesses can eventually expect a seamless experience of being discovered, negotiating the best deal, exchanging relevant documents, completing cross-border payments and managing shipments, all facilitated within a fully digital framework.

Advertisement

In addition, SignCatch and Rapidor, with Bech.app and placeorder.com respectively, will be among the first seller network participants to join ONDC for international B2B trade, facilitating the reach of Indian products to global markets. Liquid Group, a fintech company within Proxtera’s financial services network, specializing in digital payments, joins as a cross-border payments provider for B2B buyers in Singapore.

This landmark collaboration cements a clear vision of the future of financial technology, ultimately establishing a globally recognised framework and democratizing access to global trade.

The ONDC – Proxtera collaboration was showcased during the fourth G20 global partnership for financial inclusion (GPFI) as part of the Global SME Finance Forum, held in Mumbai, India.

Advertisement

ONDC MD and CEO T Koshy said, “The demonstration today is a step towards enabling digital market access across borders for Indian businesses and SMEs. Proxtera, as the first international buyer app from Singapore, and the roles of SignCatch and Rapidor on the seller side in bridging the gaps between businesses through cross-border trade, are thus highly instrumental in this journey.”

SignCatch founder & CEO Sumit Duggal further stated, “As the first B2B Seller Platform for International Trade, SignCatch is closely working with ONDC and Proxtera to create a seamless digital highway connecting Bharat’s MSMEs to Global markets by leveraging Secure & Transparent Protocols. Our marquee export Seller platform Bech.app has been built to address the digital transaction needs of global commerce and the coming together of ONDC, Proxtera and SignCatch is a game-changer that would provide a huge impetus to foreign trade.

Proxtera CEO Saurav Bhattacharyya added, “As the first international B2B buyer app on ONDC, Proxtera is proud to enable new opportunities for SMEs to engage in cross-border trade.  This collaboration is a pioneering step towards democratizing access to international trade for SMEs in India, Singapore and across the globe.  With cutting-edge digital technology from Proxtera, buyers are able to effortlessly discover products and engage in real-time conversations with sellers across different buyer and seller platforms. Together with ONDC, we are simplifying global commerce, breaking down barriers, and unlocking a world of opportunities for B2B SMEs worldwide.”

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

MAM

India 2030 Conclave 2026 honours 56 leaders across business, cinema

NexBrands event in Mumbai spotlights icons shaping India’s next decade

Published

on

MUMBAI: The ninth edition of the India 2030 Leadership Conclave 2026 wrapped up in Mumbai, bringing together a cross-section of business leaders, entertainers and cultural voices, while recognising 56 standout achievers shaping India’s future.

Organised by NexBrands Inc, the conclave was held at ITC Maratha and focused on leadership, innovation and long-term impact as India looks ahead to the next decade.

Among the headline winners were Gaur Gopal Das, named transformational thought leader of the year, Radhika Madan as breakthrough performer, and Malaika Arora, recognised as a dynamic business and entertainment icon. Film veterans Manoj Bajpayee and Nawazuddin Siddiqui were honoured for their cinematic excellence, while Shehnaaz Gill and Boman Irani were also among the prominent awardees.

Advertisement

From the corporate world, Ashishkumar Chauhan was recognised as the most powerful CEO in financial services, while healthcare and innovation leaders such as Mukesh Batra and Dr Murtaza Khorakiwala were also honoured.

The event was attended by chief guest Pratap Sarnaik, underlining its growing stature as a platform that bridges governance, business and culture.

A key highlight was a fireside chat featuring Mukesh Batra and Akshay Batra, who discussed how trust and legacy are becoming central to brand building in an increasingly competitive landscape.

Advertisement

Another moment that stood out came from Sonu Sood, who used the platform to announce his “Ab Rukna Nahi” initiative aimed at enabling free knee replacement surgeries, reinforcing the event’s blend of business dialogue and social impact.

“The India 2030 Leadership Conclave serves as a powerful platform that brings together visionary leaders and change-makers shaping the future of India,” said Kamdhenu Ltd whole time director Sunil Agarwal.

Echoing the sentiment, NexBrands Inc founder Chandrika Maheshwari said the conclave was designed to spotlight voices shaping industries and the nation’s future, while CEO Saurav Dasgupta added that conversations around trust and innovation are becoming increasingly relevant.

Advertisement

With participation from sectors ranging from entertainment and healthcare to manufacturing and digital innovation, the conclave also handed out a wide array of corporate honours to brands such as Tata CliQ Luxury, Reliance Retail and ICICI Prudential AMC.

Backed by partners including Kamdhenu Nxt and supported by media platforms like Times Now and IndiaTimes, the event saw strong amplification across broadcast and digital channels.

As the curtains fall on its ninth edition, the conclave continues to cement its place as a meeting ground for ideas, influence and ambition, capturing the pulse of a rapidly evolving India.

Advertisement
Continue Reading

Advertisement News18
Advertisement
Advertisement Whtasapp
Advertisement Year Enders

Indian Television Dot Com Pvt Ltd

Signup for news and special offers!

Copyright © 2026 Indian Television Dot Com PVT LTD