cloudBuy ties-up with CII for new e-commerce gateway

Global e-commerce solutions provider cloudBuy on Wednesday announced to have tied up with the Confederation of Indian Industry (CII) for launching a new online gateway for its members.

“cloudBuy has been making strong inroads into the Indian market including a tie-up with CII for launch of a new online gateway for its members,” the company said in a release here.

“The company envisages that the secure technology platform from cloudBuy will provide a transitional level market place for the medium and small enterprises and has great potential going forward,” it added.

“India’s market size for indirect material is huge, estimated to be $2 billion. Our worldwide tie up with Visa makes cloudBuy a trusted brand. We hope to create ripples in the market,” said the company’s global solutions director Hemant Bhange.