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At that time, India had only 15,000 internet users. [7] Due to Indian rupee's appreciation between 2005 and 2007 and the impact of the 2008–09 US recession, the company decided to pivot the focus from export-oriented business to India-focused B2B market and raised funding from The Times Group and Intel Capital. [8] [9] [10]
TradeIndia is an online Business to Business (B2B) portal [1] for small businesses based in India and around the globe. The portal was started in 1996 by Bikky Khosla and is maintained and promoted under the flagship company, Infocom Network Pvt. Ltd. [2] The company is headquartered in New Delhi, India, and has branch offices in 35 cities [3] across India.
An online marketplace (or online e-commerce marketplace) is a type of e-commerce website where product or service information is provided by multiple third parties. Online marketplaces are the primary type of multichannel ecommerce and can be a way to streamline the production process.
The market went up to $12.6 billion in 2013. In 2013, the e-retail segment was worth US$2.3 billion. About 79% of India's e-commerce market was travel related in 2013. [13] According to Google India, there were 35 million online shoppers in India in 2014 Q1 and was expected to cross 100 million mark by end of year 2016. [14]
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An exclusive foodgrains market, the first such facility in the state, is under construction at the market complex at a cost of ₹ 690.7 million. It is being constructed in an area of 14.41 acres next to the existing wholesale vegetable market, with provision of godowns, parking space for trucks, public toilets, cement concrete roads, solar street lights, fire-fighting system, and water supply.
Owing to the sheer volumes that are traded here every day, a visit to the market can be termed sensory overload. In addition to being a market for traders, Sadar Bazaar is a assembly constituency. Sadar Bazar is the largest wholesale market in Asia & India. [citation needed] Business worth of ₹300crore is done on daily basis in the market.
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