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  • Online Excess Inventory Liquidation Platform excess2sell.com Features In FT’s Top 100 High-Growth Companies Across Asia-Pacific 2022

    Published on July 2, 2022

    With A CAGR Of Over 100%, excess2sell.com Ranks As India 2nd Fastest Growing e-commerce Business

    Mumbai   : India’s leading B2B online excess inventory liquidation platform – excess2sell.com has become the country’s second fastest growing e-commerce business as per Financial Times’ (FT) latest annual ranking of 500 of the Asia-Pacific region’s high-growth companies. With 100 per cent revenue growth every year for three years between 2017 and 2020, excess2sell.com has also ranked in FT’s top 100 high-growth companies across the Asia-Pacific region. Founded in 2016, the company had posted revenue of $1.89 million in 2017 which grew to $13.39 million in 2020. As of 2022, its revenue stood at $17 million and is expected to cross $25 million by the end of the year.

    Excess2sell.com is India’s only B2B focused excess inventory Solutions Company in the online space. It has a registered seller-buyer base of over 46,000 partners and transacts roughly around 10,000 deals monthly across 17 verticals in more than 500 categories of products.

    “We are delighted to be ranked amongst the top 100 high-growth companies in the APAC region. But, we’re more thrilled about the fact that we’re now India’s second fastest growing e-commerce business. We are India’s only enterprise with the largest B2B e-commerce network that is helping retailers and wholesalers in liquidating excess inventory. India’s B2B business base is 50 million strong and while it is a direct supplier of goods to the country’s 14 million retailers base, its reach remains stunted. The B2B e-commerce market is yet to realize its full potential and by offering a solution to address the pain points of the otherwise tech reclusive sector, excess2sell.com has built the country’s largest B2B e-commerce network,” says Mr. Rajan Sharma, Founder & CEO, excess2sell.com.

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