Dubai: Tradeling, the hyper-growing e-marketplace focused on business-to-business (B2B) transactions in the Middle East and North Africa, has signed a memorandum of understanding (MOU) with Trade India, India's largest B2B portal for small businesses based in India and around the globe with over 5.7 million registered users, for seamless export and import trade between both countries.

Through this vital partnership, Tradeling will provide a holistic solution for sellers based in India; utilising Tradeling’s platform to list and trade their products. Tradeling will also provide warehousing, shipping, and logistics services to Trade India and its sellers, which will result in hassle-free inventory management and exports. Buyers based in the region will have easier access to Indian sellers; It will enable them to have an array of products suitable for their needs as well as their budgets. 

Speaking on the development, Marius Ciavola, Chief Executive Officer of Tradeling said: "The MOU signing will complement the trade development of both regions and will infuse an enormous customer and supplier exchange for Tradeling and Trade India. Tradeling’s mission is to create a complete ecosystem for sellers across the world. We will be providing them with a holistic solution where we will manage the shipping, clearance and licensing of their products and store them in our warehouse for a faster delivery. This collaboration will strengthen the trade corridor for both countries and will directly benefit the economy of both India and the UAE.”

The Spokesperson of TradeIndia, Sandip Chhettri, Chief Executive Officer said: “We are thrilled to announce our association with one of the leading B2B marketplaces in UAE and the entire Middle east. Tradeling and Trade India will together build a robust flyway of global import and export that will not only benefit both the countries but will bridge the buoyancy of demand and supply rarefaction across other parts of the world."

Led by a team of experienced technology startup builders, Tradeling ensures a reliable and smooth trade process in addition to providing logistics and financing solutions. Connecting global suppliers with MENA-based demand, the platform leverages advanced technology to optimise the supply chain and creates economic value in addition to mitigating risks. Today, Tradeling has over 90,000 registered buyers and sellers from over 50 countries.

Trade India is a dedicated B2B marketplace for small businesses in India which aims at building and providing the trade and export infrastructure of the country. The company is providing 360° digital solutions for all the business related needs. It assists its customers with TI Pay: Buyer and supplier payment protection plan, TI Lending: Fast, Flexible and Collateral Free Business Loans and TI Logistics: Shipping of products with the logistics partners of tradeindia.com. 

-Ends-

About Tradeling:

Tradeling is building the dominant business-to-business ecosystem in MENA, with its eMarketplace and other platforms such as edukaan and Tradeling Pro, catering for all types of business customers. Led by a team of experienced technology startup builders, with strong financial backing through Dubai Airport Free Zone (DAFZA), Tradeling is on its mission to become the main search and sourcing tool for business buyers across the region.

Tradeling ensures a reliable and smooth trade process in addition to providing logistics and financing solutions. Connecting global suppliers with MENA-based demand, Tradeling leverages advanced technology to optimise the supply chain and creates economic value in addition to mitigating risks. Enabling buyers to find the right products and materials as well as engage with new suppliers and Middle Eastern buyers, Tradeling helps in negotiating prices and delivering end-to-end services for business-to-business trade engagement.

About Trade India:

TradeIndia.com was launched in 1996 to offer the Indian Business community a platform to promote themselves globally. It has created a niche as India’s largest B2B marketplace, offering comprehensive business solutions to the Domestic and Global Business Community through its wide array of online services, directory services and facilitation of trade promotional events. The portal is an ideal forum for buyers and sellers across the globe to interact and conduct business smoothly and effectively. The platform currently has more than 6 million registered user base and deals in over 80000+ categories. It has recently entered the B2B E-commerce space with the launch of ‘TradeIndia Shopping’.

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.