The eTender for sugar launch event, organized by eBuySugar.com, the country’s leading and largest online platform, was concluded at the Sadashivrao Mandlik Kagal Taluka Sahakari Sakhar Karkhana Ltd, premises on July 1, 2023. The event was inaugurated by Shri Sanjay Mandlik, Chairman of the mill and Member of Parliament. Present at the occasion were Shri N.V. Patil, Managing Director of sugar mill, Shri Bagal, Marketing Manager, Jitu Shah, Chairman of J.K. Group, Uppal Shah, Hemant Shah, founders of eBuySugar, sugar millers, and media representatives. The launch of the eTender took place at 11:55 am on eBuySugar.com and received an enthusiastic response from eBuySugar users.
Speaking at the event, Member of Parliament Sanjay Mandlik said that as the world is moving towards digitization, and inspired by Prime Minister Shri Narendra Modi’s vision of Digital India, we have decided to sell sugar digitally. Since eBuySugar initiated the online tendering process, any trader from any corner of the country can directly purchase sugar from the mill, ensuring transparency in the selling process. He appealed to everyone to take advantage of this eTender system.
Uppal Shah, the founder and CEO of eBuySugar.com, stated that eBuySugar has emerged as the leading online platform for sugar trading in the country. It ensures a seamless trading experience by offering free insurance to its buyers, guaranteeing delivery to their doorstep, and ensuring payment security. Traders can purchase sugar directly from the mill and make payments directly into the mill’s account.
eBuySugar.com has swiftly established itself as the leading B2B sugar trade platform in the country, renowned for its reliability. As an affiliate of the JK Group, based in Kolhapur, the platform has flourished under the leadership of Uppal Shah and Hemant Shah. The JK Group, founded by Shri Jitu K. Shah in 1981, has gained international recognition through its various ventures, including eBuySugar, ChiniMandi News, AgriMandi.Live, Sugar and Ethanol India award (SEIA) and the Sugar and Ethanol India Conference (SEIC).
Providing information about the eTender, Uppal Shah mentioned that over onboarded 2800 users across the country can benefit from this online tendering process through eBuySugar.com. He urged everyone associated with the sugar industry to take part in this process. Every sugar trader, regardless of their size, can participate in this online tendering process and directly purchase sugar from the mill in a digital manner. This way, the transparency in the selling process benefits sugar mill owners and ensures fair trade.
The launch event of the eTender for sugar mill marked a significant milestone in the digitization of the sugar industry, aligning with the vision of Digital India. The introduction of eTendering is expected to streamline the sugar trading process and bring numerous benefits to both traders and farmers.
Within a short span, with over 2,800 users from across the country, this platform has facilitated more than 1 crore quintals of sugar transactions, surpassing a value of over Rs 3,500 crores. The platform since its launch is growing by leaps and bounds. Notably, the platform has achieved a remarkable feat with no defaults recorded in any of the transactions conducted.
