By FMTeam Instead of selling to an individual customer, a B2B business sells directly to another business which then sells that product to the customers. And the portals that allow businesses to sell products to other businesses are what we call B2B portals. Alibaba and AliExpress are the two big examples of that on a global level. But which are some of the famous and highly preferred B2B portals in India? Well, that’s what we are up to today because here we have come up with a list of the top 10 leading B2B portals in India as of 2024. So, let’s get to it then, shall we?
1. IndiaMART
IndiaMART, which dates back almost three decades to 1996, is the biggest and most well-known B2B marketplace or portal in India, that’s for sure. IndiaMART is really a monster in the B2B space with over 78 lakh suppliers and 18 crore buyers distributed over 98,000 categories, you know? Focusing on value-added services free from commission-based pressure, it runs on a subscription-based approach. And yes, their application of artificial intelligence and machine learning technology is very amazing since it facilitates highly effective matchmaking between consumers and suppliers.
2. TradeIndia
Another well-known B2B portal starting way back in 1996 is none other than TradeIndia, which literally is one of the most preferred choices of SMEs trying to widen their horizons in terms of markets, you know? From digital marketing solutions like SEO and SEM campaigns to logistics and warehouse facilities, this flexible market provides everything, literally everything! But why is that any good for your business? Well, take it like this, with TradeIndia’s logistics and financing solutions, you’ll be able to achieve quicker delivery times and effective cash flow, no matter what. Strategic alliances help to support their global presence; their recent projects, Trade Khata and TIPay, are ideal for handling trade credits.
3. Udaan
Started in 2016, Udaan has become well-known in the B2B e-commerce market very fast. Like just a few years ago, you might not have even heard of this company, and now they are one of the top and best B2B portals in India? Like, how? Well, that’s all because of their amazing approach to capturing the market by offering the most easy-to-use and flexible B2B portal. Serving electronics, fashion, and home goods, Udaan’s mobile-first strategy has transformed access for companies in tier II and III cities as well. While Udaan Capital provides flexible working capital loans, therefore meeting a vital demand for SMEs, Udaan Express guarantees fast delivery, always.
4. Alibaba
Just a part of the Alibaba Group, Alibaba.com is a worldwide B2B portal that literally everyone knows about who has ever considered selling online. For companies wishing to enter foreign commerce, this is the preferred platform available in India. Alibaba.com provides a wide choice of goods with about 200k suppliers mostly from China, you know? So yes, profit margins are super high, well, most of the time. Alibaba Guaranteed and other AI-powered tools and services simplify the procurement process, therefore enabling safe and quick transactions.
5. Amazon Business
Making an entry in the Indian market back in 2016, Amazon Business delivers a wide range of products, you know, from office supplies to industrial goods, across 99.5% of pin codes. Strong e-procurement solutions on the platform streamline procurement, enabling companies to properly control expenditures. Features such as post-spend analytics, transparent pricing, bulk discounts, and multi-seller administration help to guide purchases, that’s like super helpful. The logistics network of Amazon Business guarantees quick and effective delivery thanks to the advent of Amazon Air.
6. Moglix
Rahul Garg started Moglix in 2015, and yes, it specializes in industrial products and is therefore a major participant in the MRO market. Moglix’s creative approach uses technology for end-to-end procurement solutions with about 700,000 industrial products right here in India. Their SaaS products simplify procurement for big businesses, and their vast logistical network guarantees effective delivery.
7. OfBusiness
Originally launched in 2015, OfBusiness combines finance and business for industrial and infrastructure SMEs right here in India. Through Oxyzo Financial Services, OfBusiness, with a capitalization of $2.86 billion as of 2024, offers financial solutions and raw material procurement all across the country. They are all in on solving the financial and procurement requirements and taking them to the next level, so yes, that’s like super helpful in promoting company expansion later down the line. Right now though, OfBusiness is headed for ongoing success with an eye toward tuck-in acquisitions and growing offerings.
8. Flipkart Wholesale
Introduced in 2020, Flipkart Wholesale seeks to automate India’s wholesale sector. Might be a bit late, but they’re going all in. Originally mostly concerned with clothing, it now covers food and general goods as well, you know? Flipkart Wholesale assists local companies effectively with data-driven insights, simple credit facilities, and flawless ordering and delivery systems, that’s why so many sellers like this platform. All in all, Flipkart Wholesale is a major actor in the B2B market as its strategic usage of dark stores and integration with Best Price maximize logistics.
9. ExportersIndia
Using its well-designed, robust, and super easy-to-use platform, ExportersIndia has been linking buyers and sellers across a range of sectors, therefore enabling worldwide trade ever since 1997. Exporters India presents a strong online presence for companies with over 2 crore products and services, 50 lakhs verified buyers and 20 lakhs recognized suppliers. Their customized membership programs and 24/7 live online showroom improve exposure and involvement.
10. Go4WorldBusiness
Last on the list, established way back in 1997, and with its headquarters in New Delhi, Go4WorldBusiness is a worldwide commerce portal matching vendors and consumers all across India. Having more than 10 million users, it provides a whole market for several sectors. Reliable transactions are guaranteed by their simple interface and thorough verifying procedure. It is their use of technology in making things and mainly their platform that makes them super unique.
Conclusion
There you have it. These are by far the best and top B2B portals in India where businesses transact with each other and sell their goods. Sure, you can buy products from these B2B portals, but then again, you’d have to buy in bulk.