Veefin Solutions ' PSBXchange has strengthened its embedded finance ecosystem by onboarding 20 strategic partners across supply chain finance, B2B marketplaces, procurement, and treasury platforms. This expansion reinforces PSBXchange's role as foundational digital infrastructure for delivering institutional finance at scale across India's enterprise and MSME ecosystem.

Strategic Partnership Expansion Across Six Verticals

The expanded onboarding represents PSBXchange's evolution from platform enablement to ecosystem orchestration. By integrating financing directly into systems that power procurement, distribution, treasury, trade, and SME operations, PSBXchange enables credit to flow seamlessly within everyday business workflows while reducing friction, improving visibility, and strengthening lender confidence.

Supply Chain Finance and B2B Marketplace Integration

The partnership expansion includes multiple supply chain finance fintechs bringing deep expertise in invoice-based financing and automated dealer, distributor, and vendor finance workflows. These integrations enable PSBXchange to activate financing within live supply chains while maintaining lender-grade compliance and risk visibility.

B2B marketplaces digitize trade flows across industrial supply chains, and embedding PSBXchange's financing layer within these platforms allows buyers and sellers to access supply chain finance directly at the point of transaction.

Corporate Advisory and Distribution Technology Integration

Procurement and procure-to-pay platforms sit at the heart of enterprise purchasing and invoice approval workflows. Integration with PSBXchange enables seamless financing of buyer-approved invoices, strengthening liquidity predictability for vendors and suppliers.

Corporate advisory firms act as trusted intermediaries for enterprises seeking structured financing solutions, expanding PSBXchange's access to curated, decision-ready financing opportunities aligned with institutional lending standards.

Leadership Perspective on Ecosystem Development

Commenting on the milestone, Sorabh Dhawan, CEO of PSBXchange, emphasized the platform's evolution: "This milestone reflects the direction in which PSBXchange is evolving - from enabling transactions to powering an integrated embedded finance ecosystem. By onboarding partners across six strategic verticals, we are ensuring that institutional credit can be accessed where commercial decisions are actually made."

Dhawan highlighted the focus on building a common digital financing layer that scales responsibly while meeting transparency, governance, and risk expectations of lenders.

Future Growth and Platform Positioning

With the successful onboarding of these 20 partners, PSBXchange is positioned to support businesses across multiple industries while offering lenders a standardized and interoperable route to deploy working capital solutions. The platform continues to evaluate a growing pipeline of prospective partners across additional platforms and use cases.

PSBXchange maintains a structured and selective onboarding approach, aiming to expand responsibly by ensuring every new integration strengthens the overall ecosystem, enhances lender confidence, and deepens the reach of embedded finance across India's digital trade infrastructure.

About the Platform and Technology

PSBXchange operates as a multi-lender digital working capital marketplace led by the PSB Alliance and developed by Veefin Solutions. The platform brings together banks, NBFCs, corporates, MSMEs, and ecosystem partners on a single platform, enabling seamless participation across supply chain finance programs by standardizing onboarding, program discovery, and transaction execution.

Veefin Solutions Limited has officially submitted its postal ballot results to BSE Limited under Regulation 44 of SEBI Listing Regulations, confirming overwhelming shareholder approval for two independent director appointments. The company announced the results on January 16, 2026, with both resolutions receiving 99.23% approval from voting shareholders.

Regulatory Submission and Compliance

The company submitted comprehensive documentation to BSE Limited including the scrutinizer's report and detailed voting results. The submission was made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, following the completion of the e-voting process on January 14, 2026.

Postal Ballot Results Summary

The e-voting process, conducted through NSDL's platform from December 16, 2025 to January 14, 2026, witnessed strong shareholder participation with decisive approval for both proposed appointments:

Approved Director Appointments

Resolution 1: Mr. Amit Futarmal Jain

Shareholders approved the regularisation of Mr. Amit Futarmal Jain as Non-Executive Independent Director with overwhelming support:

Resolution 2: Mr. Jimish Prakash Dedhia

The second resolution for Mr. Jimish Prakash Dedhia's appointment also received identical approval rates:

Mr. Dedhia, as Partner at Abundance Capital Advisory, has facilitated ₹1,500.00 crores in debt funding and supported 30 developers with structured transactions ranging from ₹25.00-100.00 crores.

Scrutinizer's Report and Validation

Mr. Maharshi Ganatra (Membership No. F11332) of M/s. Maharshi Ganatra & Associates, appointed as Scrutinizer, confirmed that both resolutions were passed with requisite majority. The scrutinizer's report validated the e-voting process as fair and transparent, with all regulatory requirements met.

The results were deemed effective from January 14, 2026, and have been uploaded on the company's website and NSDL's e-voting platform. Both directors have completed all regulatory requirements including registration with the Independent Directors databank and online proficiency assessments, strengthening the company's board governance structure.