India-based startup, InfraBazaar Pvt Ltd, with its mobile application allows users to buy, sell and rent infrastructure equipment and construction material . InfraBazaar’s mobile app and catalog management system specifies the distance of the product, pricing and description. They have also been shortlisted among the few startups to showcase its product in web summit 2015, Dublin which will be held during November.Infrabazaar will soon offer consultation and certified valuation of project surpluses as a value-add service on the portal. Infrabazaar provides customised solutions for asset management, disposition and valuation. The best part for those using the company platform is that the products also get the right price discovery and valuation.
The equipment market is expected to grow by 12% CAGR to $ 4 billion by 2017. 7-8% machineries are bought by rental companies and top 10 players have a market share of 30-40%.
The web and mobile platforms provide every possible solution for the Infra Industry. In procurement and supply chain by 2020 B2B E-commerce segment in gross merchandise will be valued at $6.7 TN almost twice that of B2C which will stand at $3.2 TN
“With business transaction of 50Cr already in sight for this financial year we will be disappointed if we don’t cross 200 Cr worth transactions in the next financial year. Wishing to be 1st equipment pooling company globally we want to create a platform where everyone associated with Infrastructure will find value in it” stated Mr. Abhijeet Pai- founder of InfraBazaar.
The app is available on all platforms Android, Windows and IOS.
InfraBazaar features and solutions:
Buy, Sell, Rent, Auction and Reverse auction.
? Used equipment disposal
? New and used equipment sourcing
? Equipment rentals
? Auction and reverse auction platform for disposal & procurement respectively
? Material source and display
? Finance and valuation.
About InfraBazaar
Incepted in the year 2012, InfraBazaar is the first of its kind market place for manufacturers, service providers and traders across the Infrastructure domain. With the vision of creating an Infrastructure Ecosystem, we at Infra Bazaar are fostering innovation to add value to the Infrastructure industry through online portal, data research and mobile apps.