Services
- Forward Auction – We provide forward auction services for your warehoused commodities in multiple ways, enabling you to choose whichever one suits your requirement the best. You can choose to hold a single-winner auction, multiple-winners fixed lot auction or even multiple-winners variable lot auction (with fixed minimum lot size), for your commodity’s total or partial quantity. Such customizability has never been offered before, and this really makes things easier for you.
We have also tied up with banks, so you can sell your pledged commodity without having to come up with the liquidity to clear the pledge. We facilitate the whole process for you.
- Reverse Auction – We provide reverse auction services in a myriad of ways, to suit your exact requirements. Single-winner reverse auction, multiple-winners fixed lot auction or even multiple-winners variable lot auction (with fixed minimum lot size), will ensure any need of yours gets fulfilled.
- Order Matching - As Commodity Prices are extremely dynamic, order matching e-auctions offer true price discovery as the seller if unsure of the market value of his goods can list the auction without a base price in order to discover its true value. A continuous auction with provision to accept or reject bids by the seller while auction is live takes place, in which both buyer(s) and seller can keep increasing/decreasing their price offers, unlimited number of times. When seller price = buyer price, sale is confirmed!! It is a very simple but extremely effective type of safe, secure and transparent online bargaining happening via e-auctions.
- e-Procurement – Have a large requirement? Multiple suppliers? We can tailor make a solution for you by modifying our reverse auction platform, to ensure seamless e-procurement to fulfil your needs.