B2B ecommerce gaining steam?

  • April 21, 2016
Mjunction is the largest player in the field. It is a privately held company, and is a joint venture between Tata Steel and the Steel Authority of India Ltd (SAIL). Founded in 2001, the company has so far carried out transactions worth 350,000 crores INR. Walmart which operates its online B2B sourcing portal in India will be investing an additional 360 crores INR in its India business this year to open more physical retail outlets,
Amazon has launched Amazon Business in May 2015 in an invite only model, but towards the end of 2015, Amazon has opened its doors to businesses in Bangalore and Mangalore. Metro Cash and Carry India has indicated an investment of an additional 400 crores INR for the same
Tolexo is a fairly new kid on the block. Started in 2014, the company offers last mile delivery, apart from a payment gateway. Alibaba-backed Paytm is working to ramp up its B2B platform over the next two quarters with some help from Alibaba to build on global sourcing.
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