Hyderabad: GSBH Explores the Growing B2B Market with Industry Expert Mohit Choudhary

The business-to-business (B2B) e-commerce market in India is experiencing significant growth, according to industry expert Mohit Choudhary. Speaking at the GITAM School of Business in Hyderabad (GSBH), Choudhary highlighted the increasing trend of micro, small, and medium enterprises (MSMEs) venturing into online B2B marketplaces for their procurement needs. He emphasized that India’s online B2B marketplaces have the potential to reach a market opportunity worth $200 billion by 2030.

Choudhary, Zonal Head of OfBusiness, a leading Indian startup focusing on SMEs, shared valuable insights about the B2B space and the promising career prospects within the industry. OfBusiness is dedicated to facilitating the procurement of raw materials and providing accessible credit solutions for MSMEs. Leveraging its raw material fulfillment engine and new possibilities platform, OfBusiness goes beyond funding to deliver exceptional value to SMEs.

As a prominent raw material collector and supplier of procurement financing, OfBusiness collaborates with various banks to offer loan lines specifically tailored for small and medium-sized businesses with annual sales exceeding $3 million. The platform utilizes user behavior data to ensure loans for companies utilizing the OfBusiness platform for raw material sourcing and bidding.

Choudhary encouraged the aspiring managers of GITAM School of Business to leverage the power of LinkedIn and create a professional network within the B2B industry. He also announced that individuals interested in pursuing a career in the B2B sector can forward their resumes to earlycareers@ofbusiness.in.