Ludhiana, October 06, 2023 (News Team): mjunction services limited has launched rivexa, an e-marketplace that will enable buyers across the globe to source made-to-order goods from Indian suppliers. In the first phase, the state-of-the-art platform will house two categories - Industrial Goods and Apparels and Home Textiles.
mjunction MD Vinaya Varma informed, “We are committed to promoting the "Made in India" label on the global stage through rivexa.”
He said that rivexa will be the one-stop destination for Indian suppliers for discovery of global buyers, contracting, execution and fulfilment. On the other hand, it will offer global buyers curated Indian suppliers, with track record on quality, reliability and timeliness, finance, and security and confidentiality of transactions, he added.
Explaining how rivexa got its name, Vinaya Varma said it is the coming together of three elements that define the platform – “riv” of a river – that signifies abundance and stands for a river of prosperity for all associated with it, “ex” of expertise and “a” of acceleration. rivexais backed by the trust and reliability that mjunction has built over the years. mjunction has and will help to give a sharp boost to its global footprint. It has e-transacted more than Rs 2 lakh crore in FY23 alone, and nearly 3 lakh entities transact across its platforms.
