L&T unveils e-commerce platform for MSMEs
SuFin, a business to business (B2B) platform, through which the company will enable MSMEs, sources their industrial supplies pan-India, digitally and cost-effectively
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Chennai: Engineering and construction major Larsen and Toubro (L&T) on Monday announced the launch of L&T SuFin, an integrated e-commerce platform for business to business (B2B) industrial products and services.
Through the B2B e-commerce platform, the company was poised to empower businesses, especially micro, small and medium enterprises, to enable them sources their industrial supplies pan-India, digitally and cost-effectively.
"With digital technologies, L&T SuFin is poised to transform Indian business landscape leading to formalisation of traditional supply chains and creating a win-win situation for suppliers and buyers", the company said in a statement. Built to provide greater transparency and wider market access, L&T SuFin marks another chapter in the expansion of Larsen and Toubro as a digital powerhouse after it launched L&T EduTech, an educational technology platform for bolstering engineering and technology knowledge.
" With the launch of L&T SuFin, we take yet another leap in our digital transformation journey, building on our legacy of trust and keep understanding of the ecosystem. We are confident about L&T SuFin transforming the B2B marketplace for industrial products", L&T CEO and Managing Director, SN Subrahmanyan said.
L&T SuFin hosts a vast selection of industrial products over 40 plus categories as well as financing and logistics support.
