Maalexi

Summary active Updated Jul 5, 2026

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Location Dubai, United Arab Emirates
Founded 2021
Latest Stage Growth
Total Raised $2.8M+

Founders

Azam Pasha Co-Founder & CEO
Rohit Majhi Co-Founder

About

Maalexi is a Dubai-based agri-fintech company building the Maalexi Agricultural Assets Token Exchange (MAATEX), an AI-, IoT-, and blockchain-powered agricultural trade platform that verifies commodities, manages risk, and enables transparent cross-border trading and settlement across the UAE, Saudi Arabia, India, and Europe 12. Over 36 months of live operations across four markets — the UAE, Saudi Arabia, India, and the United States — the company reports a 70% repeat customer rate and more than 4,000 smart contracts executed and recorded on the Avalanche L1 blockchain 1. Maalexi was founded in 2021 by Azam Pasha and Rohit Majhi 1.

Disclaimer: This is a lean profile built from initial round coverage and may be expanded as more information becomes available.

Funding History

Date Round Amount Lead Co-investors
2026-06-26 Growth $2.8M Tawuniya Global Ventures 123

What Investors Say

No independently sourced investor quotes available at this time.

What Founders Say

No independently sourced founder testimonials found.

Sources


  1. GlobeNewswire, “Maalexi Closes $2.8 Million Round Led by Tawuniya to Accelerate the World’s First Regulated Agricultural Exchange,” June 26, 2026. Accessed July 2026. https://www.globenewswire.com/news-release/2026/06/26/3318218/0/en/maalexi-closes-2-8-million-round-led-by-tawuniya-to-accelerate-the-world-s-first-regulated-agricultural-exchange.html

  2. Wamda, “Maalexi secures $2.8 million in oversubscribed round led by Tawuniya,” July 2026. Accessed July 2026. https://www.wamda.com/2026/07/maalexi-secures-2-8-million-oversubscribed-round-led-tawuniya

  3. FinTech Global, “Maalexi closes $2.8m round to build agricultural exchange,” June 29, 2026. Accessed July 2026. https://fintech.global/2026/06/29/maalexi-closes-2-8m-round-to-build-agricultural-exchange/