MatexNet Pvt

MatexNet is India's largest and most reputed private online auction portal operating in the specialised space of buying and selling surplus inventory. Incorporated in 1995, MatexNet provides a comprehensive online marketplace for companies to buy and sell residual and superfluous inventory - from raw material, machinery and industrial by-products t... o non-performing and stressed assets. Our service offerings include e-procurement of logistics services and transport contracts, tender management, as well as purchase and sale of repossessed vehicles. We offer our services in three distinct verticals: Headquartered in Bangalore, India, MatexNet is India?s first and largest B2B, private, e-commerce portal with over 400 regular sellers and nearly 10000 potential registered buyers. registered on the site. An IT Act, 2000 compliant company, we offer our clients a secure, confidential and dynamic platform to search, identify and bid for a wide range of products in highly focused auctions. Today matexnet.com transacts over Rs 700 crore annually. For more than a decade we have offered assistance for disposal/procurement of inventory, asset and collaborative requirements of some of the of the country's largest organizations. Our client base includes leading private corporations, public sector undertakings, government bodies, and financial institutions like ABB, Larsen & Tubro, Vedanta Group, Container Corporation of India (CONCOR), HDFC Bank, Aditya Birla Group, National Mineral Development Corporation (NMDC), Bharat Electronics Limited (BEL) and Murugappa Group. (Click here to read some case studies) Apart from the unique competitive advantage of being a pioneer in this space, our market leadership is based on the backbone of our company - our technology. The auction software used by MatexNet is a proprietary technology, indigenously developed by our in-house team of experienced IT experts. The software has been designed to be both, intuitive and flexible, allowing it to adapt to market growth, diversity and customer ...Read More