LeRemitt unveils LeDoc, a document management solution for foreign trade 


The logo of LeDoc, an AI-powered document management platform for trade documentation. Photo: https://www.leremitt.com/

The logo of LeDoc, an AI-powered document management platform for trade documentation. Photo: https://www.leremitt.com/

LeRemitt, a fintech platform focused on facilitating cross-border payments for MSME goods and services exporters has announced the launch of LeDoc, an Al-powered platform designed to streamline trade documentation and compliance management.

LeDoc is the latest addition to LeRemitt’s Global Trade Verse, an integrated cross-border platform that leverages technology and industry expertise to simplify global trade, the firm said.

LeRemitt was founded by a team of professionals with understanding of the challenges faced by MSMEs in international trade.

Jacob Crasta, Founder & Chairman, CM Envirosystems Pvt. Ltd, while launching the product said, “LeDoc is set to transform the documentation and compliance handling process for exporters.”

“With documentation and compliance accounting for a significant time today, this platform will streamline the backend of exporters. Indian exporters contribute largely to the economy and India’s overall exports of goods and services in 2024 are estimated to cross $814 billion, an increase of 5.58% according to a report by the Global Trade Research Initiative (GTRI), 31 December 2024,” he said.

“This kind of technological intervention will help our overall exports,” he added.

Sheetal Jain, Co-founder & CEO, LeRemitt said, “MSMEs contribute nearly 48% to India’s merchandise exports. Despite their significant role, there are few technology solutions tailored to their unique challenges. While digitisation is actively progressing within government systems, exporters must also be prepared to leverage this advancement.”

“One key challenge we identified for exporters is documentation. With LeDoc, we aim to simplify compliance, reduce paperwork hassles, and empower MSMEs to focus on scaling their businesses efficiently,” she said



Source link

  • Related Posts

    Lupin, China’s SUP ink pact for COPD drug Tiotropium DPI

    Lupin has signed a license and supply agreement with Sino Universal Pharmaceuticals (SUP) for commercialisation of chronic obstructive pulmonary disease drug Tiotropium Dry Powder Inhaler, 18 mcg/capsule, in the Chinese…

    Continue reading
    India to export 150 locomotives to Africa worth over ₹3,000 crore

    “These locomotives are fitted with Distributed Power Wireless Control System, or DPWCS, for synchronised operations and superior freight handling,” a Railways Ministry spokesperson said. Photo: https://www.wabteccorp.com/ India will supply 150…

    Continue reading

    Leave a Reply

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