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Confederation of Indian Industry (CII) launches ‘gateway to the world’ for Indian businesses

by david.nunes

Confederation of Indian Industry (CII) launches ‘gateway to the world’ for Indian businesses

Online marketplace will increase trade between Indian businesses & open an Indian e-commerce gateway to global supply chains

April 24th, 2015: The Confederation of Indian Industry today announced the launch of a new online business gateway for its members. The e-commerce platform will enable Indian businesses to promote their products and services, expand their boundaries and trade online, within India, across the region, and globally. The marketplace is powered by the secure technology platform from cloudBuy, the global e-commerce solution provider.

TT Ashok, Chairman, CII National SME Council, said, “We are pleased to be able to bring this e-commerce gateway to global supply chains to CII members. They are invited to list their company, products and services and trade securely online. We have made sure that the marketplace has low transaction costs and delivers fast payments direct to sellers’ bank accounts. We believe the initiative is a simple way to increase visibility. It will provide Indian businesses with a new gateway to the world.”

Companies of all sizes can take advantage of a free listing on the CII e-commerce gateway and be trading online the same day. The secure cloudBuy platform, which powers the CII e-marketplace, provides sophisticated e-commerce capabilities giving businesses the ability to:

·         Sell products and services online

·         Process inquiries, orders, invoices and payments

·         Offer a secure shopping basket and checkout process

·         Take payment by a variety of methods

·         Upload an existing product catalogue

·         Display multiple images for products and services


Lyn Duncan, CEO of cloudBuy, said, “We are delighted to be working in collaboration with CII in India to deliver the B2B marketplace infrastructure to enable secure e-commerce on the CII business gateway. Our cloudBuy teams in the UK and India are now focused on bringing as many organisations as possible onto the marketplace and making it simple for them to do business globally.”

CII members can join the e-commerce gateway at www.ciitrade.com

About cloudBuy plc

cloudBuy, (AIM: CBUY), provides cloud solutions for buyers and sellers – and brings them together to trade securely and ethically via an increasing number of public e-marketplaces 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. Our cloudSell solutions enable sellers of all sizes, from start-ups to corporates, reach new customers and grow their business. 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.

For more information visit www.cloudbuy.com.

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