The owner of Indiamart.com, India’s business to business online marketplace site, which enables buyers and sellers to connect and commence trading, has launched Tolexo.com which extends the service by enabling buyers to complete their purchases online.
The domestically owned business, Indiamart Intermesh Ltd, provides services to more than 1.5 million suppliers and generates leads for them from c10 million buyers. The new Tolexo site currently hosts 50,000 SKUs across nine categories including abrasives, tools, safety & security, fasteners, testing, measurement and laboratory equipment, power transmission, materials handling, janitorial, and construction electricals. A fulfilment service is also offered to participating traders.
The business is preparing to do battle with Walmart India which is poised to introduce a B2B eCommerce offering for its store members later this summer. Product offers will include hotel & restaurant supplies, fresh produce, groceries, workwear, and office supplies.
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