B2BAdda.com, an exclusive e-Distribution platform for bulk buying, selling for brands, retailers, wholesalers, and corporate companies has been awarded the ‘B2B Business of the Year’ Award at the Small Business Awards 2018, the 7th National Awards for Small and Emerging Businesses, held on 14th February 2018.

The other categories at the Small Business Awards 2018 included the Dynamic Business of the Year, Innovative Business of the Year, Creative Business of the Year, Fastest growing Small Business of the Year, E-commerce Business of the Year, and more.

Upon receiving the award, Mr. Yogesh Bhatia, Founder, B2BAdda.com (Wow eCarts Pvt. Ltd.), said, “We feel honored and grateful for the recognition we have received with this award. We started this initiative 2 years back with a vision to transform the unorganized offline distribution channel in India into organized e-distribution which will help the retail industry go cashless and at the same time make it more transparent.”

Business-to-business (B2B) e-commerce market is gradually maturing across the world, whereas in India it is still at the nascent stage. Experts have predicted that India’s B2B industry will be worth Rs 45 lakh crore by 2020. Since 2014, the Government of India has announced various initiatives namely, Digital India, Make in India, Start-up India, Skill India and Innovation Fund. The timely and effective implementation of such programmes is supporting the e-commerce growth in the country.