A report from SPO India states that the Indian B2B market is currently worth $300 billion, and is estimated to grow to $700 billion by 2020. There are 4.8 crores Small and Medium Enterprise's that need to secure bulk supplies, a market much bigger than B2C.
With a commission-based revenue model, Multilink started appointing Franchise across India. Today, Multilink has its presence in more than 2400 cities and 18 states with over 60,000+ franchisee spread with a capability of processing over 45 million transactions per month serving 12 million unique customers annually.
Today Multilink is associated with some of the top organisations of India viz. IRCTC, Bank of India, Yes Bank Limited, UTI (PAN Card), MTDC, Kotak Life, TATA AIG, New India Insurance, Dada Saheb Phalke Chitra Nagri, Imagica, Essel World, IATA , IRDA approved web aggregator with insurance broking license and more than 450 Airlines, 7,00,000+ Hotels across the globe.
"We wanted to make one's life easier by making the entire utility problem solved under one umbrella with just one click. Providing such complicated business model in simple format was the biggest challenge. Initially, we faced a lot of problem due to weak Internet connectivity & less usage of technology by suppliers, but over a period of time, it got normal. Providing a secured environment for such huge volume was the biggest challenge. Innovation & everything-is-possible are key pointers which played a vital role in the growth of Multilink," said Mr. Chirag Shah, CEO-Multilink World.
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