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Wednesday, November 23, 2022

Electronic Commerce: TEXUB hub debuts in Nigeria to lift B2B IT trade - ITREALMS

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A global Business-To-Business (B2B) marketplace specializing on IT trades, TEXUB, has set up a hub in Nigeria to underscore the premium it places in the local and Africa markets, reports 
ITREALMS.
Chief Executive Officer (CEO), TEXUB, Mr. Suchit Kumar
TEXUB which debuted in Dubai, the United Arab Emirate (UAE) on May 25, 2022, informed 
ITREALMS they are dedicated to building a global online IT B2B marketplace, the very first platform of its kind.
These were disclosed at an interactive session with ICT media by the Chief Executive Officer (CEO), TEXUB, Mr. Suchit Kumar, in company of firm’s Business Development Manager, Kamal Manjotra.at The Colossus, Ikeja, Lagos, southwest, Nigeria.

As said by Kumar, the session was aimed at introducing the Nigeria hub as well as acquainting journalists with the business model of the company, as facilitated by White-Stone Communications, publisher of Cyber Era.

As true IT marketplace, TEXUB, he said, takes the lead in this particular model of operations for online B2B sales, heralding the reality of the future.

The start-up, headquartered in Dubai, Kumar noted, offers a safe, stable and seamless digital ecosystem for global IT trade in the B2B space by taking care of end-to-end business requirements and simplifying operations.

As a key selling point, the TEXUB model is a non-subscription-based business which offers unlimited access to business transactions for verified buyers and sellers.

He explained that the platform affords sellers to upload multiple products with ease and sell globally across several hubs with the option to define regional restrictions if required. Buyers can purchase globally and enhance their supplier base, which helps them avail of globally competitive pricing options.

TEXUB serves as an ideal channel facilitator as it overcomes the physical limitations of customer reach. The platform supports smaller vendors in establishing themselves in global markets. By diversifying and broadening their sources, TEXUB provides expansion opportunities for businesses both large and small.

At the Dubai launch, Mr. Kumar said: “TEXUB is an initiative to prepare for the inevitable where the post-pandemic reality of business transformation has moved onto digital platforms. We aim to be truly global in our approach and offer our customers the choice to do business without borders. Dubai is the ideal location for us to position ourselves as an online platform. Being set in the heart of a global trade hub, TEXUB ensures international connectivity.”

Consultant Director at TEXUB, Niranjan Gidwani comments, “With most of the world finding an online foothold, there is an undeniable global shift in the way a business functions today. All businesses are striving to continuously innovate and utilize more efficient ways in which they can achieve tangible results. And here is where digital business transformation becomes the current baseline of successful outcomes. Given this scenario, TEXUB can be leveraged to expand and simplify business, both on and offline.”

TEXUB believes that garnering customer trust is crucial both for buyers as well as sellers. At TEXUB, people represent that trust. To substantiate their belief, the company has built a very strong board of individuals who are business stalwarts bringing a wealth of experience with them. This distinguished set of industry leaders includes Founder member of Dubai Computer Group as the CEO of TEXUB; Suchit Kumar, Managing Partner InGroup Consulting, former CEO and Chairman of Intelenet Global Services and current Chairman of VFS Global, Susir Kumar, Founder CEO of Emax Electronics, Chairman of NB Ventures and start-up angel investor Neelesh Bhatnagar,; former CEO of EROS Group and a member of UAE Super Brands Council and Axel Holst as Managing Director of TEXUB Europe, Niranjan Gidwani.

Keeping in mind the interests of all the stakeholders, identities are masked on TEXUB, and buyers and sellers remain anonymous while trading, seamlessly ensuring world-class data security. Moreover, all payment transactions and shipments are routed through TEXUB. Local billing options, in-country trade and crypto options with a secured gateway amplify the trading experience and reduce operational costs for buyers and sellers while keeping them secure online.

A true B2B marketplace, TEXUB is a convenient platform that facilitates distributors, buyers, resellers and brands within the industry. With a strong digital ecosystem and scalable cloud platform, TEXUB spotlights an unprecedented and compelling journey into the IT business economy.

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