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With A CAGR Of Over 100%, excess2sell.com Ranks As India 2nd Fastest Growing e-commerce Business
Mumbai, July 02: India’s leading B2B online excess inventory liquidation platform – excess2sell.com has become the country’s second fastest growing e-commerce business as per Financial Times’ (FT) latest annual ranking of 500 of the Asia-Pacific region’s high-growth companies. With 100 per cent revenue growth every year for three years between 2017 and 2020, excess2sell.com has also ranked in FT’s top 100 high-growth companies across the Asia-Pacific region. Founded in 2016, the company had posted revenue of $1.89 million in 2017 which grew to $13.39 million in 2020. As of 2022, its revenue stood at $17 million and is expected to cross $25 million by the end of the year.
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| Mr. Rajan Sharma, Founder & CEO, excess2sell.com |
Excess2sell.com is India’s only B2B focused excess inventory Solutions Company in the online space. It has a registered seller-buyer base of over 46,000 partners and transacts roughly around 10,000 deals monthly across 17 verticals in more than 500 categories of products.
“We are delighted to be ranked amongst the top 100 high-growth companies in the APAC region. But, we’re more thrilled about the fact that we’re now India’s second fastest growing e-commerce business. We are India’s only enterprise with the largest B2B e-commerce network that is helping retailers and wholesalers in liquidating excess inventory. India’s B2B business base is 50 million strong and while it is a direct supplier of goods to the country’s 14 million retailers base, its reach remains stunted. The B2B e-commerce market is yet to realize its full potential and by offering a solution to address the pain points of the otherwise tech reclusive sector, excess2sell.com has built the country’s largest B2B e-commerce network,” says Mr. Rajan Sharma, Founder & CEO, excess2sell.com.
About Excess2Sell: - Founded by 2016, Excess2sell is a technology driven B2B marketplace which recently marked the successful completion of 6 years on 2nd March 2022. Ever since its inception, the business has focused on solving the problem of overstock in the business-to-business space.
Excess2sell is available on all platforms as a website and mobile app on Google Play Store and iOS App Store. It also has a dedicated Artificial Intelligence (AI) powered Smart Business Assistant in its mobile app to provide 24x7 virtual support for selling and buying to all its partners. It has a registered seller-buyer base of above 46,000 partners and roughly transacts 10,000 deals across 17 verticals in more than 500 categories of products. This is the only B2B portal in the market that ensures complete transparency in its transaction and function on the unique business model of CAN- Confidential, Anonymous and Neutral. You can learn more on www.excess2sell.com or www.Checkersindia.com
“We are delighted to be ranked amongst the top 100 high-growth companies in the APAC region. But, we’re more thrilled about the fact that we’re now India’s second fastest growing e-commerce business. We are India’s only enterprise with the largest B2B e-commerce network that is helping retailers and wholesalers in liquidating excess inventory. India’s B2B business base is 50 million strong and while it is a direct supplier of goods to the country’s 14 million retailers base, its reach remains stunted. The B2B e-commerce market is yet to realize its full potential and by offering a solution to address the pain points of the otherwise tech reclusive sector, excess2sell.com has built the country’s largest B2B e-commerce network,” says Mr. Rajan Sharma, Founder & CEO, excess2sell.com.
About Excess2Sell: - Founded by 2016, Excess2sell is a technology driven B2B marketplace which recently marked the successful completion of 6 years on 2nd March 2022. Ever since its inception, the business has focused on solving the problem of overstock in the business-to-business space.
Excess2sell is available on all platforms as a website and mobile app on Google Play Store and iOS App Store. It also has a dedicated Artificial Intelligence (AI) powered Smart Business Assistant in its mobile app to provide 24x7 virtual support for selling and buying to all its partners. It has a registered seller-buyer base of above 46,000 partners and roughly transacts 10,000 deals across 17 verticals in more than 500 categories of products. This is the only B2B portal in the market that ensures complete transparency in its transaction and function on the unique business model of CAN- Confidential, Anonymous and Neutral. You can learn more on www.excess2sell.com or www.Checkersindia.com
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