General
Carbanio moves to a new office in Hitech City
The new office in Hitech City has a seating capacity of 150 seats from the present 70 seats in its old office
- By ICN Bureau
| January 27, 2022
Carbanio, the leading and popular digital B2B chemicals marketplace in India holding over 9.2 million chemicals listed by suppliers across India, has announced the opening of its new office in Hitech City, Madhapur, Hyderabad.
The new office in Hitech City has a seating capacity of 150 seats from the present 70 seats in its old office. This move is part of the company's expansion agenda to accommodate a larger team and focus on increasing business operations pan-India.
In the chemical industry, B2B buyers are increasingly open to
buy chemicals via digital platforms. Research shows that 85 percent of B2B buyers prefer purchasing known products from a digital platform as opposed to ordering by traditional approach by phone or email. Carbanio has witnessed an increased number of customers with respect to digital buying experiences.
"The opening of a new office is an important step towards realizing our continuous growth and expanding Carbanio’s reach across India relating to current market conditions and how the organization is responding to it,” said Dr. Rafi Shaik, Founder, Carbanio.
There are 128,470 chemical manufacturers in India and Carbanio is focusing on onboarding 22,565 manufacturers in 3 states - Telangana, Gujarat, and Maharashtra in a one year timeframe. Focus is to digitize chemical companies products for B2B chemicals marketplace, added Shaik.
Covid pandemic and unforeseen challenges in 2020-21 have opened multilateral B2B opportunities in the US $225 billion Indian chemical industry. An increasing number of chemical companies are applying digital approaches to marketing and sales. One way that’s manifesting itself is in the creation of direct commercial interfaces or digital platforms.
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