Techjockey News

The Indian SaaS startup TreZix, that helps importers and exporters digitize operations, has raised $1.2 million in seed round. The company secured funds from angel investors and Soha Ventures and it also included grants by Government of Gujarat.

TreZik plans to make use of the newly secured fund for product development, branding activities and market expansion. The fund will also be utilized to acquire more customers from the import and export space.

India’s export and import market plays a major role in the economic development of the country. In November 2022, according to the RBI, the nation’s export and import market was targeted at $58.22 billion and $69.33 billion respectively.

Sunil Kharbanda, cofounder of TreZix said, “In export and import space, everything is manual and thus, there is no structure or record of documentation. Due to the increased processing time, importers and exporters are not always connected with their clearing agents or banks or insurance, which in turn takes time to revert their toward any issues pertaining to documentation or consignment or shipment.”

TreZix primary focus is to digitize and automate import/export processes including compliance, logistics and financial management, thus helping importers and exporters enhance their efficiency.