Did you know that India’s 70M+ SMBs contribute to a staggering 30% of the country’s GDP?
However, the majority of these SMBs in India still operate offline and lag behind in technology adoption. This not only hampers their efficiency but also limits their growth potential.
B2B Marketplaces play a pivotal role in addressing key challenges by offering high-quality supply and integrating essential services such as Logistics, Payments, and Credit. They become a full-stack one-stop solution for SMBs, solving trust issues and providing new business opportunities for both buyers and suppliers. As a result, B2B Marketplaces have emerged as a much larger market than B2C Marketplaces.
With this, we are excited to launch our new live series ‘Everything B2B’ to help young startups get actionable insights from leading B2B Commerce startups on how to build businesses from scratch.
To kickstart the series, we’re thrilled to have Asish Mohapatra, Co-Founder & CEO of OfBusiness, a leading B2B Commerce startup specializing in industrial goods procurement and lending for SMEs. OfBusiness is valued at over $5B, making it one of India’s most highly regarded startups.