CII initiates B2B e-commmerce platform for its members

Ciitrade brings together B2B buyers and sellers under one roof to execute trade without no human interface domestically as well as globally

India's largest industry association the Confederation of Indian Industry (CII) has initiated a business-to-business (B2B) e-commerce platform ciitrade.in to enable its members and other businesses to trade online. The global provider of cloud-based e-commerce solutions cloudBuy plc has created this platform.

The platform now brings together B2B buyers and sellers under one roof to execute trade without involvement of human interface domestically as well as globally.

"This new CII gateway will not only accelerate the increase in trade within India and globally, but will also drive a sea change in the way business will be transacted. CIITrade.in will increase the possibilities for online B2B business, offering the option for both offline and online payments, and will create new opportunities for organisations of all sizes," said Nilesh Gopali, cloudBuy Country Head, India.

The platform has started registration of interested buyers and sellers of goods. Product categories currently represented on the platform include manufacturing, services, engineering, healthcare, energy & water, technology, tourism & hospitality, transport, agriculture, trading and finance.

Sujith Haridas, Deputy Director General, CII, said, "CII has a long history of innovation. We have partnered with cloudBuy for the technology which powers the CIITrade.in platform. This will enable secure e-commerce for organisations of all sizes and has the potential to substantially increase trade between CII members and global buyers. Indian businesses would derive great benefits from this new platform."

cloudBuy, provides cloud solutions for buyers and sellers - and brings them together to trade securely and ethically via an increasing number of public e-market places and private purchasing portals around the world, powered by cloudBuy technology. cloudBuy solutions for buyers help B2B purchasers understand and control their spend, to reduce costs and increase value. Its cloud solutions enable sellers of all sizes, from start-ups to corporate, reach new customers and grow their business through e-commerce. cloudBuy's technology platform powers web sites, public marketplaces and private purchasing portals that enable all types of online interactions and relationships including, citizen and business to government, consumer to business and business to business.