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MktYard.com, the agri-marketing portal and subsidiary of NCML, proposes to tie-up with various State supply corporations and marketing federations across the country as part of expansion plans in the second year of operations. The portal, in its first year of operations, has seen more than 40,000 farmers sell their produce worth over ₹500 crore through its marketing platform which has enrolled over 2,000 buyers.
“The aim is to establish a pan India open and transparent marketing platform for agri commodities. This would radically transform the opaque decade old trade practices in the agri-sector,” said Sanjay Kaul, MD & CEO of NCML.
MktYard.com’s e-auctions have been held across a myriad of agri-commodities, including pulses, rice, chilli, turmeric, groundnut, coriander, wheat.
“MktYard.com now looks forward to expand aggressively in its second year of operation by doubling the number of bank tie-ups, growing private trade 10x times and tying up with various state supply corporations and marketing federations across the country,” said Bhuvan Prasad, CEO, MktYard in a release.
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