MVIKAS TECHNOLOGIES: CARVING A NICHE IN THE INDUSTRIAL GOODS DOMAIN

02 September 2021

Yielding Empowerment and Growth
Established in 2019, MVIKAS endows recognition to 10 million businesses in industrial goods by the way of establishing their “Online Presence” through its features like e-store, e-cataloguing, brand building through digital marketing for each of them; not only in India but also in the global market.

By doing so MVIKAS intends to e-sell local supplier’s products to global buyers. These 10 million businesses had until now lacked the opportunity of showcasing their products to the global market and competing with global brands. The company offers a unique RFQ (Request for Quote) based model to its buyers where it empowers them to receive multiple quotations by multiple suppliers for the same product that brings about transparency in their procurement cycle.

At one end, MVIKAS facilitates e-procurement activity for its customers, i.e., SMEs plus large enterprises and on the other end, it assists them in e-selling their products through their unique platform. Through e-procurement, buyers can avail services like item discovery, supplier discovery, price comparison, Mvikas Super Logistics, credit, distribution network, and invoice discounting through MVIKAS.

MVIKAS does in-depth research about the consumer’s expectations and develops the strategies and concepts to fulfil those expectations. Fast delivery, wide range of products, competitive prices, organised buying process, professional service, secure payment process and buying assistance are few of the many reasons why buyers and sellers are trusting MVIKAS Technologies

With the help of technology, new-age thinking and diligence, the company has given empowerment to the sellers to a great extent. Currently, their platform showcases more than 50,000 products and 10,000 renowned merchants that help in generating the best possible opportunities for the buyers, sellers and vendors. In the coming future, MVIKAS aims to achieve 50,000 merchant base and 2,00,000 products with the total market size of 3.8Bn dollars thus ensuing recognition, convenience and growth to all its buyers and sellers.

Abhinav Kumar - DIRECTOR

Business-to-business ecommerce market is gradually maturing across the world, whereas in India it is still at its nascent stage. When dealing with industrial goods, everything is a hassle; from procurement, to logistics, seller recognition to item selection, item delivery to credit. Where, on one hand the buyers are forced to compromise with either the quality of the products they get or struggle with lesser options to choose from, the sellers never get the recognition due to them.

MVIKAS Technologies P Limited has been conceived with an intent to provide a platform and create a niche market for the industrial goods; specifically aiming to bridge the existing gaps between the buyers and sellers and thus providing safe, secure, and hassle-free transactions to those listed with them. It strives to provide an end-to-end solution to the buyers and sellers for their trade anxieties.

“Our company is the only solution provider in the industrial goods domain which provides businesses an e-store so as to ensure a platform for the businesses to continue to grow and prosper even during the pandemic situation”, says Abhinav Kumar, Director, MVIKAS Technologies.

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MVIKAS TECHNOLOGIES: CARVING A NICHE IN THE INDUSTRIAL GOODS DOMAIN

Abhinav Kumar - DIRECTOR

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