New Delhi : 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.
