How ExpoBazaar is making B2B export feasible for Indian MSMEs and small businesses
Supply chain disruption was one of the first challenges Indian businesses faced as soon as the country went into a lockdown in 2020.
Amidst the COVID-19 pandemic, the traditional supply chain gave a huge opportunity to business-to-business (B2B) ecommerce players, who aided companies falling short of raw materials or exploring new business avenues.
According to Statista, the global B2B ecommerce market — valued at $14.9 trillion in 2020 — is over five times the business-to-consumer (B2C) market. And, Indian B2B ecommerce players, including Udaan, Moglix, MedikaBazaar, etc., saw a whopping 100 to 300 percent growth during the last two years.