The Indian business-to-business (B2B) market is growing rapidly with new technology and platforms. With the growth of internet users and online businesses in India, there is a need for portals and marketplaces that can facilitate transactions between buyers and sellers.
Most local and online businesses prefer to use these B2B portals and marketplaces as they offer a wide range of products and services, have many suppliers, and provide an easy way to compare prices.
They can keep their overheads low and increase their profits thanks to them. When the demand for a product or service is high, businesses can also use these portals to source suppliers from other countries. It is a great way to find new suppliers and customers and expand your business.
Top 10 B2B Portals & Marketplaces in India
1. ScoutStock
Our top B2B marketplace is Scoutstock.com, which is available as a B2B platform for small to medium enterprises (SMEs) and offers all of the vital marketing, sales, and logistics elements that businesses need to stay up and run. It is a Dutch-based B2B marketplace where manufacturers, wholesalers, and retailers can come together to sell, which makes it easy for buyers and suppliers worldwide to meet and perform transactions instantly.
Scoutstock.com is unique in that it doesn’t charge anything when creating an account, adding products, or setting up your business domain—making it a very cost-effective option for SMEs. The global presence of Scoutstock.com makes it easy to find new customers and suppliers worldwide, which is essential for businesses looking to expand their operations.
2. Alibaba
Even though it is a Chinese company, Alibaba has made quite a mark in the Indian eCommerce industry. It is one of India’s most popular B2B marketplaces and is also its largest. Alibaba has a wide range of available products at very reasonable prices. The marketplace offers all types of products, from electronics to apparel.
Additionally, the quality of products available on Alibaba is quite good. The company has a very strict quality control policy, so you can be assured that you will receive good quality products. And since the clients communicate with the manufacturer directly, there is very little scope for middlemen to inflate prices. You can also negotiate prices with the manufacturers, which is impossible on other marketplaces.
Another thing, their system has been designed to be very user-friendly. You can easily find the products you are looking for and compare prices before purchasing. You can also be assured of timely delivery, as the company has a very efficient logistics system.
3. IndiaMART
IndiaMart is another popular B2B marketplace in India that has been operational for more than 20 years. It’s one of those rare companies that was started before the dot-com boom and is still around today. The company started as an online directory of Indian manufacturers and suppliers and has since become a full-fledged B2B marketplace. IndiaMart now claims to have more than 5.5 million registered suppliers and more than 8.2 million registered buyers on its platform.
IndiaMart has a system that allows suppliers to post their product listings for free. They only start paying when they receive a buyer’s response (i.e., a lead). This makes it an attractive proposition for small businesses and startups looking to get exposure for their product without spending a lot of money on marketing and advertising.
The company also has a mobile app with more than 10 million downloads and allows suppliers to post video listings to showcase their products betters. As an award-winning B2B marketplace, IndiaMart is one of the best platforms for small businesses and startups to get started with selling their products.
4. Tradeindia
Tradeindia is another leading B2B marketplace in India that has been operational for more than two decades. It is a subsidiary of the India Infoline Group and is one of the most popular online destinations for Indian manufacturers, suppliers, and buyers. The company claims to have more than 3 million registered users on its platform and receives more than 30 million visitors per month.
One of the things that set Tradeindia apart from other B2B marketplaces is its focus on small businesses and startups. The company has a dedicated section for SMEs, which provides them with a range of resources, such as marketing and branding assistance, to help them grow their businesses. Tradeindia also offers several value-added services, such as trade finance and logistics assistance, to help businesses overcome some of the common challenges.
5. eWorldTrade
Next up is eWorldTrade, a leading B2B marketplace that connects buyers and suppliers worldwide. The company has a presence in more than 80 countries and facilitates trade worth billions of dollars every year. eWorldTrade has a user-friendly platform and allows suppliers to list their products for free.
The company also has a dedicated customer support team that is always ready to help businesses with any queries or issues they may have. eWorldTrade is one of the best B2B marketplaces for small businesses and startups looking to get started selling their products internationally.
6. ExportersIndia
ExportersIndia is another popular B2B marketplace in India that has been operational for more than two decades. The company started as an online directory of Indian manufacturers and suppliers and has since become a full-fledged B2B marketplace.
It’s one of those portals exclusively meant for B2B and which has very few or no B2C products. Hence, one can be assured of the quality of the suppliers and products. The list of items available on the website is exhaustive, and one can find anything they might need for their business.
According to customers’ feedback, customer support is quite responsive and helpful. They also have a mobile app that makes it easier for buyers to connect with suppliers and do business on the go.
7. Made-in-China
Made-in-China is another place to go when you’re looking for quality B2B suppliers. It’s a leading B2-B marketplace that connects Chinese suppliers with buyers from all over the world. The company has a user-friendly platform and offers various products across different categories.
This website is a good option if you’re looking for suppliers that can provide you with good-quality products at competitive prices. The website also offers a range of value-added services, such as trade finance and logistics assistance, to help businesses overcome some of the common challenges.
Another thing that sets Made-in-China apart from other B2B marketplaces is its focus on small businesses and startups. The company has a dedicated section for SMEs, which provides them with a range of resources, such as marketing and branding assistance, to help them grow their businesses.
8. GlobalSources
The goal of this next top B2B portal and marketplace is to make it easy for buyers to find quality suppliers worldwide. GlobalSources is a leading B2B marketplace that connects buyers with suppliers from China, Taiwan, and India. The company has a user-friendly platform and offers various products across different categories.
The diversification of suppliers is one of the things that sets GlobalSources apart from other B2B marketplaces. The company has a strict verification process for all suppliers and only lists suppliers with a good track record. This ensures that buyers only find quality suppliers on the platform.
The website has thousands, if not millions, of products available for sale, and it’s one of the best places to go when you’re looking for quality suppliers. It’s a place where you can find anything you need for your business.
9. DHgate
For this next best B2B marketplace, we’re going to China again. DHgate is a leading B2B marketplace that connects Chinese suppliers with buyers from all over the world. With over 30 million products and 800,000+ sellers, DHgate is a great option for finding wholesale products at low prices.
What’s great about DHgate is that they offer buyer protection, so you can be sure that you’re getting what you paid for. They also have a user-friendly platform that makes it easy to find the products you’re looking for.
What’s not so great about DHgate is that their shipping times can be quite long, so if you’re in a hurry, this might not be the marketplace for you. It’s most known for products such as electronics, wedding dresses, and other items that are produced in China.
The interface is close to Mad-in-China, except that the latter offers a much better range of products. It’s ideal for small to medium businesses looking for quality suppliers at competitive prices.
10. go4WorldBusiness
Lastly, we have go4WorldBusiness, a leading B2-B marketplace that connects buyers and suppliers worldwide. The company has a user-friendly platform and offers various products across different categories. This portal is a good option if you’re looking for suppliers that can provide you with good-quality products at competitive prices. The website also offers a range of values.
The company was founded in 1997 and is headquartered in New Delhi, India. The company has a strong presence in Asia, Africa, and the Middle East. With over 10 million users, the website is one of the most popular B2B marketplaces in the world. Today, it’s one of those website where you can find, connect and trade with suppliers from all over the world.
According to the owners, the company has a team of dedicated trade specialists who are always available to help you grow and expand your business. They also offer a range of services that can help you generate sales and leads.
Conclusion
The B2B market in India is booming calling for more businesses to enter the fray and take advantage of the opportunities available. In order to succeed in this highly competitive environment, it is important to choose the right B2B portal or marketplace that can provide you with the exposure and reach you need to grow your business. These 10 portals and marketplaces we have listed above are some of the best in the business and can help you connect with buyers and suppliers from all over the world. So, what are you waiting for? Start exploring these portals today and take your business to the next level.
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