Agribazaar Tradefloor
Our Agribazaar Trade floor enables institutional sellers to list agricultural commodities for auction while traders from our network participate by placing bids. We manage the entire auction process, from collecting fees and earnest money deposits to determining the winning bid. Upon the auction’s conclusion, we collected the trade value through our proprietary digital payment system, Agripay. After the delivery of the agricultural commodities, we will release the payment to the seller. We earn a platform fee from trade participants for facilitating the transaction. Detail process flow as illustrated below
Agribazaar Marketplace
On our buy-sell platform, Agribazaar Marketplace, sellers or buyers can list their sale or purchase requirements, specifying details such as commodity type, variety, quality, quantity, delivery location, and expected price. Participants submit bids for consideration, with the platform allowing up to three rounds of negotiations. Once a bid is accepted, we facilitate the transaction and handle payment via Agripay. Upon buyer confirmation of commodity receipt, funds are transferred from the buyer’s Agripay to the seller’s Agripay. We charge a platform fee based on the trade value for the agricultural commodities bought or sold on the buy-sell platform. Detail process flow as illustratred below:
