DocuTrade by Yodaplus Receives Traditional Approval from the International Group of P&I Clubs (IGPI)

Global recognition reinforces Yodaplus and DocuTrade’s commitment to
secure, MLETR-aligned, and interoperable digital trade documentation.

Mumbai, India – 3^rd November – Yodaplus Technologies today
announced that its flagship digital trade documentation platform, DocuTrade, has received Traditional
Approval from the International Group of P&I Clubs (IGPI) – a milestone
that places it among a select group of 15 globally recognized electronic Bill
of Lading (eBL) platforms.

The approval follows extensive global pilots and a comprehensive
technical and legal evaluation by IGPI’s legal and technical committees.
Through this rigorous review, DocuTrade demonstrated robust compliance across
all ten IGPI requirements, including legal enforceability, security,
governance, and interoperability.

DocuTrade is also the only eBL solution provider in India to receive a
traditional approval for all ten IGPI requirements, reaffirming Yodaplus’s
commitment to meeting the highest global standards in eBL implementation and
trade documentation compliance.

“Receiving Traditional Approval from IGPI validates years of
innovation and collaboration,” said Vishrut Srivastava, Founder of Yodaplus
Technologies. “It strengthens our mission to enable trusted, interoperable, and
paperless trade – aligning India and our global partners with emerging
frameworks like MLETR, TradeTrust, and the ICC Digital Standards Initiative.”

Traditional approval represents an independent and direct endorsement
by IGPI, affirming that DocuTrade meets the highest international standards for
the digitization of trade documents such as Bills of Lading,
Certificates of Origin, and other trade-related records.

This recognition follows DocuTrade’s successful pilots across
Singapore, the UAE, and Poland, where the platform facilitated cross-border
trade document exchange between corporates, banks, and port authorities using
secure blockchain and tokenization frameworks.

With this milestone, Yodaplus and DocuTrade continue to accelerate the
adoption of digitally native, legally valid, and interoperable trade documentation,
building confidence among carriers, shippers, and financial institutions
worldwide.

About Yodaplus and DocuTrade

Yodaplus Technologies Pvt. Ltd., headquartered in Mumbai, India,
is a leading provider of AI and blockchain-driven digital transformation
solutions. The company specializes in building secure, interoperable
platforms that simplify complex business processes across finance, supply
chain, and trade.

DocuTrade, developed by Yodaplus, is a digital trade documentation
platform that enables the creation, exchange, and management of electronic
Bills of Lading (eBLs) and other trade-related documents using blockchain
technology. The platform is MLETR-compliant, aligns with ICC DSI and UNCITRAL
standards, and is interoperable via the TradeTrust framework, ensuring
cross-border legal validity and document integrity.

DocuTrade is also available as a white-labelled solution for banks
and shipping companies, allowing institutions to seamlessly integrate
compliant digital trade documentation into their existing workflows while
maintaining full control over branding and user experience.

Learn more at www.docutrade.io
or www.yodaplus.com

Media contact – 
Amit Pareek
VP – Marketing 
amitp@yodaplus.com