Vora Ventures has acquired ShakeDeal, India's first B2B bulk sourcing online marketplace, to bolster its growth and expansion in the rapidly growing $1 trillion B2B market.
Information on the Target
ShakeDeal (www.shakedeal.com) is recognized as India’s pioneering B2B online marketplace specializing in bulk sourcing of industrial goods, supplies, and raw materials. This platform plays a crucial role in facilitating businesses across India in procuring essential products in bulk efficiently. The acquisition by Vora Ventures marks a significant milestone for ShakeDeal, allowing it to leverage substantial resources for further growth and expansion into new sectors.
With a robust technological backbone, ShakeDeal is poised to enhance its proprietary sourcing software while incorporating additional services and products into its offering. The target anticipates considerable growth spurred by the increasing demand for bulk sourcing and inter-state trading, positioning itself as a preferred marketplace for businesses in India.
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Industry Overview in India
The B2B commerce sector in India is currently valued at approximately $1 trillion, and it is experiencing rapid growth fueled by technological advancements and a growing digital lan
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