Flash back to the year-end 2015, one tensed meeting room was filled with the discussion on how to sales out the excess stocks which were lying in the company warehouse and then there were additional stocks lying in the Distributor warehouse as well. The products were moving in Online and Offline retail, but the movement was slow and not as projected, the whole inventory planning was based on the excellent product sale which had happened during the mid 2015 and the material planning was done thinking that the festive times are ahead. Things turned otherwise and now it was getting difficult to get the goods moving. The discussion moved from “How To” “How Much” to. Suddenly the discussion was now on this excess inventory is almost each and every wholeseller and almost 20% of the stocks at each large/medium size wholeseller falls under the ‘excess stock’, meaning the stock is moving but at a very slow pace and it results in the capital blockage and disrupts the business cycle.

This is how the initial idea of “Excess Inventory Marketplace” was born, it was in March 2016 when Rajan , Anant and Navinder who had worked together earlier said good bye to the corporate career and started the journey of entrepreneurship. The company was formalised in March 2016 & the market place was ready for beta-test in the month of May 2016 and buyer/seller registration and on-boarding started.

About www.excess2sell.com . Excess2sell is India’s 1st B2B excess inventory marketplace catering to IT, Telecom, Home automation, Electronics segment. Excess2sell provides an unprecedented access to the excess inventory. This is a technology enabling platform, created by experienced software and retail professionals. It's a solution built on a first-hand understanding of the complexities of business practices from both the buyer and seller perspectives, specially with respect to the excess inventory. Excess2sell currently promotes the marketplace in 10 cities across India, with more than 10000 buyer/seller touch points across the country. The business model works on a combination of Online Offline model with complete end-to-end solution, right from payment collection and logistics. The buyers and sellers get the best deal for their excess inventory while maintaining and ensuring ‘neutrality’ & ‘confidentiality’ for ‘sellers’ & ‘buyers’.

The Team

Anant Chaturvedi
Director Business Development & Alliances
Anant is The Man to Sell our brilliant idea in excess2sell marketplace, with his super ‘personal go getter attitude’, he is poised to take excess2sell message across India! Anant is an active social media enthusiast and a big time Salman Khan fan. His ultimate aim is to act in a movie

Rajan Sharma
CEO
With an approach of ‘Been there, Seen that, Done that’, Rajan is the our Key to Vendor Development, Business Model Ramp up, Number games, which will unfold for excess2sell! Cinephile by nature Rajan likes to enjoy art cinema as well as a full masala movie.

Navinder Chauhan
Director Marketing
With his focus on building excess2sell brand through innovative marketing, Navinder is our ‘go to’ person for People, Office & Operational management! Popularly known as NSC or NC amongst the media fraternity, in his free time Navinder loves to experiment in the kitchen and to spend time with family and friends.