AuctionBazzar
Revolutionizing Agricultural Trade with
Transparent and Efficient Auctions
Explore Auctions - Ongoing & Upcoming
Find the right match, register easily, join live bids, and check upcoming auctions.
About AuctionBazzar
AuctionBazzar is Navankur's digital auction platform designed to modernize commodity auction. It enables transparent, efficient, and accessible e-auction by directly connecting buyers and sellers for the bulk disposal of commodities. By reducing intermediaries, and streamlining the process, AuctionBazzar ensures fair price discovery, better market access for traders, and reliable access to quality produce at competitive rates.
Why AuctionBazzar ?
Transparent Bidding
- Real-time auction updates.
- Open, Closed, Sealed, and Dutch bid options.
Secure Transactions
- Escrow payment system.
- Earnest Money Deposit (EMD) for secure participation.
Efficient Logistics
- Integrated logistics partners.
- Real-time shipment tracking.
Multi-Lot Auctions
- Bid on multiple lots in a single auction.
- Optimised for Bulk Trading.
Step 2 : List or Bid
Sellers list produce; buyers browse and bid.
Step 3 : Win & Transact
Top bidders win and complete transactions easily.
Step 4 : Confirm & Make Payment
Get approval and pay the market directly.
Step 5 : Track & Manage
Track orders, contracts, and trade history.
How AuctionBazzar Works?
Benefits
of Stakeholders
For Farmers/Sellers
- Access to a wider market.
- Fair pricing and timely payments.
For Buyers/Traders
- Competitive pricing and quality assurance.
- Real-time biding and secure transaction.
For Logistics Partners
- Seamless integration with the platform.
- Real-time tracking and efficient delivery.
Frequently Asked Questions
What is this platform about?
AuctionBazzar is a digital auction platform by Navankur that revolutionizes agricultural trade. It provides a transparent and efficient way for buyers and sellers to connect directly for the bulk disposal and procurement of commodities.
Who can use this platform?
Our platform is designed for a wide range of stakeholders, including farmers, FPOs (Farmer Producer Organizations), traders, processors, and bulk buyers. Anyone involved in agricultural trade can benefit from our services.
How do I list my produce for auction?
To list your produce, you need to register on the platform. After a simple verification process, you can create a new auction, provide details about the commodity, quantity, and quality, and set a base price. Our team will assist you with the process.
What are the benefits of selling on this platform?
Sellers gain access to a wider market of verified buyers, ensuring fair price discovery. The process is streamlined, and transactions are secure with timely payments, reducing dependency on traditional intermediaries.
How do I receive payments?
Payments are processed securely through our platform. Once the auction is complete and the buyer's payment is secured via our escrow system, the amount is transferred to your registered bank account after the successful delivery of the goods.
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