E-com is fastest-growing channel for commercial transactions: Mjunction CEO

There is a large opportunity for sports federations to bring transparency and efficiency in several areas, says Mjunction CEO

Mjunction, a 50:50 joint venture between Steel Authority of India (SAIL) and Tata Steel, and now a major in e-commerce, has moved beyond its traditional strength in commodities trade to embark on new businesses. VINAYA VARMA, its MD and CEO, speaks to Jayajit Dash. Edited excerpts: 

You recently forayed into real estate, auctioning commercial plots. Beyond UttarPradesh, which other states are on your radar? Are you also looking at tie-ups with real estate developers?

We entered the real estate sector with Uttar Pradesh Awas Vikas Parishad and are currently customising the platform for Uttar Pradesh State Industrial Development Authority, where e-auctions will