Categories: Agency News

Spydra Partners with Industry Giants to Lead Blockchain Innovation Across Finance, Retail, and Agriculture

New Delhi, August 28, 2025 — Spydra Technologies, a low-code blockchain platform, has emerged as a driving force in India’s enterprise blockchain transformation, enabling leading organizations such as Raymond, Myntra, Bajaj Finserv, Mother Dairy, and several top Indian banks to unlock efficiency, transparency, and automation across operations.

 

With the Real-World Assets (RWA) market projected to grow by 260% and reach $23 billion in 2025, Spydra’s strategic partnerships are redefining how industries approach tokenization, smart contracts, and supply chain integrity.

 

Spydra’s low-code infrastructure supports both public and private blockchains, making it one of the few platforms in India aligned with evolving regulatory requirements, including the Reserve Bank of India’s Central Bank Digital Currency (CBDC) framework. Its ISO 27001-certified platform provides enterprise-grade security, real-time monitoring, and interoperability.

 

“At Spydra, we’re not just building blockchain tools—we’re building future-proof ecosystems. Our mission is to help businesses move from proof-of-concepts to real-world impact, whether it’s enabling a Digital Rupee network for banks or authenticating apparel across complex supply chains,” said Manish Tewari, Co-Founder of Spydra Technologies.

 

For India’s top financial institutions, Spydra’s CBDC platform integrates seamlessly with the Digital Rupee on private permissioned networks. These integrations automate interbank settlements, microfinance disbursements, and KYC verification using smart contracts—ensuring high scalability and compliance. The platform enables secure CBDC-based transactions across banking systems with the potential to revolutionize cross-border payments and financial inclusion.

 

Revolutionizing Supply Chains for Trust and Transparency

 

Retail and agri-leaders are also transforming their operations through Spydra’s blockchain solutions:

 

  • Myntra uses private chain tokenization to track apparel from source to shelf, reducing counterfeiting and inventory discrepancies.

 

  • Raymond leverages Spydra to tokenize fabric batches, verifying authenticity and preventing supply chain manipulation—enhancing trust from mill to marketplace.

 

  • Mother Dairy, inspired by Spydra’s GS1 pilot, now traces milk from farm to consumer, ensuring safety and quality. Smart contracts automate quality checks and payments to dairy farmers.

 

Digitizing Insurance and Lending with Bajaj Finserv

 

Spydra also powers Bajaj Finserv’s blockchain transformation by automating insurance claims, loan repayments, and EMI collections. By digitizing and immutably recording transactions via smart contracts, Bajaj Finserv has reduced manual interventions, fraud, and operational bottlenecks—achieving faster settlements and enhanced customer trust.

 

As global RWA markets project growth to $5–16 trillion by 2030, Spydra’s clients are strategically positioned to lead. Its platform enables fast deployment, scalable architecture, and full support for asset tokenization, privacy, and compliance.

 

Spydra’s momentum signals a major shift in how Indian enterprises adopt blockchain—not just as a tech trend, but as a critical infrastructure for the digital economy.

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