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
Published - February 11, 2025 05:06 pm IST
