The Federation of Indian Export Organisations (FIEO), the apex trade promotion body representing Indian exporters, has signed a Memorandum of Understanding (MoU) with BriskPe, a fintech company that enables secure and efficient cross-border payments.
This collaboration is designed to raise awareness among exporters, especially Micro, Small, and Medium Enterprises (MSMEs), about the growing importance of digital payment solutions in international trade. With exports expanding rapidly, Indian businesses are increasingly demanding transparent, compliant, and time-efficient systems for receiving payments from global buyers.
The Memorandum of Understanding was signed at the FIEO headquarters, Niryat Bhawan, in New Delhi by Dr. Ajay Sahai, Director General and CEO of FIEO, and Mr. Indunath Choudhary, Co-founder and Chief Operating Officer of BriskPe. Also present on the occasion were Mr. Prateek Navale, the Nodal Officer from FIEO, and other dignitaries. This collaboration represents a joint effort to raise awareness about digital tools that can support exporters, including timely access to documents like e-FIRA and e-BRC, thereby enhancing their ability to compete globally.
As part of the agreement, BriskPe will engage with FIEO members through knowledge sessions and outreach initiatives, sharing insights on technology-driven and compliant cross-border payment solutions. Exporters will also be introduced to simplified international collections in B2B, C2B, and B2C models, which can help them manage cash flows more efficiently.
While signing the MoU, Dr. Ajay Sahai, Director General and CEO of FIEO, said “Ensuring smooth and timely payment flows is a vital component of the export ecosystem. Our collaboration with BriskPe provides a platform to highlight digital solutions that can help exporters receive payments faster and with greater transparency, helping them remain competitive in global trade.”
Mr. Indunath Choudhary, Co-founder and COO of BriskPe, said “This MoU with FIEO marks a significant milestone for BriskPe. Exporters across India, especially MSMEs, face unique challenges when it comes to international payments. Through this collaboration, we aim to share knowledge on next-generation digital solutions that can simplify their cross-border transactions and enable them to manage cash flows more effectively.”