New Delhi (India), March 11: The Naveen Mandi is a B2B agricultural commodities trading platform that was established in April 2020 and serves the whole Indian agribusiness value chain. As a top agri-trading app, Naveen Mandi seeks to address the information gap and lack of transparency in the market of agricultural commodities.
The USD 300 billion agri value chain in India is controlled by B2B agriculture traders, who have restricted access to financing, information, and technology. Customers may transact with the least amount of friction by using the Naveen Mandi app. This app also assists the customers/MSMEs in finding each other and the rating of the counterparty.
Via the mobile application, providers and buyers are able to identify and trade with one another as well as find out meta-data about one another to complete transactions more quickly and reliably.
A farmer, ex-banker, and entrepreneur made up the founding trio. Well-known banks and non-bank financial institutions (NBFCs) have invested in Naveen Mandi.
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