M1 Group's Samaah 2025 Sparks Industry-Regulator Dialogue on Scaling Digital Trade Finance
Mumbai, Maharashtra, India (NewsVoir) M1 Group successfully concluded the third edition of its flagship thought-leadership forum, Samaah 2025, in Mumbai. The event brought together policymakers, senior banking leaders, corporates, and fintech players to discuss how digital finance and supply chain innovation can accelerate India’s participation in global trade. Samaah 2025 emphasised the importance of collaboration across the supply chain finance ecosystem to shape the next generation of trade and supply chain financing in India. The forum witnessed participation from the entire banking spectrum, including public sector banks, private banks, multinational banks, and NBFCs. A key highlight of the evening was the keynote address by Mr K. Rajaraman, Chairman, International Financial Services Centres Authority (IFSCA), who underscored the significant under-penetration of global trade finance in India. He noted that current factoring and trade credit volumes stand at approximately USD 45 billion, accounting for only about 10% of India’s merchandise exports of nearly USD 425 billion, compared with a global benchmark of around 20%. Mr Rajaraman highlighted that while initiatives such as TReDS have expanded access to domestic trade finance, particularly for MSMEs, there remains substantial headroom for growth. He emphasised that the future of trade finance lies in technology-led platforms that enhance transparency, mitigate risk, and enable lenders to scale sustainably. With India targeting USD 2 trillion in exports by 2030, he noted that efficient, low-risk access to trade finance will be critical to achieving this ambition. Among the key moments of Samaah 2025 was the unveiling of a comprehensive suite of Supply Chain Finance solutions - UFX (Unified Financing Xperience), developed by MYND Fintech, a subsidiary of M1xchange and a leading digital lending marketplace. The supply chain finance platform is designed for large corporates to manage multiple working capital programs through a single interface. Designed to simplify and unify financing across both payables and receivables, UFX enables enterprises to manage all financing programmes on a single integrated platform. The platform offers deep ERP integration and access to over 70 banks, NBFCs, factors, and TReDS platforms, enabling automated and largely touchless transactions. Commenting on the success of the event, Mr Sundeep Mohindru, Founder and Promoter, M1 Group, said, “The success of Samaah 2025 lies in the depth and quality of conversations across the supply chain finance ecosystem. Bringing regulators, financiers, and industry leaders onto a common platform enabled meaningful dialogue on how technology can reduce friction, mitigate risk, and unlock capital for businesses of all sizes. At M1 Group, we remain committed to building digital infrastructure that supports sustainable growth and strengthens India’s global trade competitiveness.” The forum featured several high-impact discussions, including a panel on ‘Improvement of Yields for Banks’, where industry experts Mr Nagaraj Garla, Executive Director, IDBI Bank, and Mr Deepak Kumar, Senior Executive Vice President, Tata AIG General Insurance Company Limited, shared insights on enhancing yield performance through innovative financing models, digital enablement, and risk-optimised credit frameworks. The session was moderated by Mr Amit Sachdev, Co-founder & COO, M1 Group, and offered actionable perspectives for banks navigating an evolving financial landscape. The event also featured eminent speakers for a panel discussion, such as Mr Ashutosh Sharma, Chief General Manager, IFSCA, Ms Hirva Mamtora, Managing Director & CEO, India Exim Finserve, and Mr Vasumitra Pandey, CEO - Lighting & Durables, SURYA Roshni Ltd., who highlighted ITFS platforms as a game changer in global trade finance, underlining India’s potential to emerge as a hub for cross-border financing innovation. The session was moderated by Mr Munindra Verma, CEO, M1 NXT, A cross-border working capital solution platform. In addition, a fireside chat on ‘Driving the Next Wave of Digital Supply Chain Finance’ featured perspectives from Mr Navin Agarwal, CFO, Welspun Speciality Solutions Limited, Ms Dimple Chitnis, National Head - Sales & Product, Yes Bank, and Mr Chinmaya Deva Tayal, Senior Director - Sales & Business Development, M1xchange. The session focused on emerging trends in digital supply chain finance, reinforcing Mynd Fintech’s leadership in delivering technology-driven, end-to-end SCF solutions across domestic and cross-border ecosystems. The evening concluded with the Financier Excellence Awards, recognising institutions for their outstanding contribution to strengthening India’s trade and supply chain finance ecosystem. Financier Excellence Awards - Winners • Category: Best Public Sector Bank with Highest Throughput on M1xchange - Winner - State Bank of India, CANARA Bank, Indian Overseas Bank • Category: Game Changer PS