Tolexo.com is India’s online store for Business and Industrial goods. It is an IndiaMART Intermesh Ltd. subsidiary making use of the wealth of B2B knowledge that the group has earned since the last 18 years of its establishment.
While big players like Flipkart, Snapdeal and Amazon have taken care of most of our books, clothes and electronics needs; new e-commerce sites catering to some unique requirements are still coming up in the market. For example, Urban Ladder only takes care of the furniture needs and Zivame of the lingerie needs. One such niche player is Tolexo.com, which aims of being a unique platform for buyers of industrial and construction goods.
Navneet Rai and Brijesh Agrawal are the two co-founders of Tolexo.com. They both are e-commerce veterans and have enough experience at their hand. While Brijesh is the co-founder of the eighteen year old site, IndiaMART, which is now one of the pioneers in business to business marketplaces, Rai on the other hand had co-founded an online fashion store called Inkfruit which was acquired by Zovi in 2013.
Currently, Tolexo.com has over 50,000 stock keeping units in over 7 categories like engineering tools and industry safety. More than hundred sellers of such things have already registered with Tolexo and the list is growing day by day.
Tolexo offers last mile delivers across India and a very customer friendly return policy. It also has the best prices for its customers and a secure payment gateway. Tolexo.com has a mission of becoming the largest collection of essential products for factories, businesses, labs and offices in the country to be one-stop solution for all the commercial product requirements.
To ensure that all the products being offered by its marketplace are 100% genuine, Tolexo follows a very rigorous merchant selection process. It creates a favourable ecosystem where both the buyers and sellers can function effectively by providing services like product listing, marketing, payment delivery and fulfilment.
According to a 2013 report by CLSA, the e-commerce market is expected to grow from $3.1 billion to $22 billion in the next 5 years. Hence, it does not come as a surprise that shopping sites like Flipkart and Myntra have also shifted to an e-commerce marketplace model during the last one year.
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