LockTheDeal is an online B2B ecommerce platform that connects retailers, dealers, and traders with a diverse range of products, including inverters, batteries, and automotive supplies from various brands. The platform simplifies the procurement process by providing a centralized marketplace, enabling businesses to efficiently source and purchase essential goods while benefiting from competitive pricing and discounts.
Funding
$12M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
NCFounders
Product
Problem
B2B retailers, dealers, and traders often face challenges in efficiently sourcing and procuring inverters, batteries, automotive supplies, and solar products due to fragmented supply chains and a lack of centralized platforms. This can lead to increased procurement costs, time-consuming sourcing processes, and limited access to a diverse range of brands and products.
Solution
LockTheDeal is a B2B e-commerce platform designed to streamline the procurement process for retailers, dealers, and traders seeking inverters, batteries, automotive supplies, and solar products. The platform provides a centralized marketplace where businesses can efficiently source and purchase essential goods from various brands, benefiting from competitive pricing and discounts. LockTheDeal offers a wide selection of products across categories like inverters, automotive batteries, and solar solutions, enabling businesses to find the specific items they need in one place. By aggregating multiple brands and products, LockTheDeal simplifies the sourcing process, reduces procurement costs, and enhances access to a diverse range of essential goods for B2B customers. The platform also offers a mobile app for convenient ordering and exclusive discounts.
Target Audience
LockTheDeal primarily targets B2B retailers, dealers, and traders in the market for inverters, batteries, automotive supplies, and solar products.
Features
- Comprehensive catalog of inverters, batteries (inverter, automotive, solar), and solar products
- Wide range of brands including Livguard, Livfast, Luminous, Exide, Amaron, Okaya, Havells, and others
- Category-specific product listings such as inverter batteries, UPS batteries, home inverters, automotive batteries (four-wheeler, two-wheeler, three-wheeler), solar panels, solar inverters, and solar kits
- Detailed product filtering by brand, sub-category, capacity (Ah, VA, Watts), technology (Tall Tubular, Sine Wave, Square Wave, Polycrystalline, Monocrystalline), and warranty period
- Mobile app for convenient ordering and exclusive discounts
- Wallet functionality for easy payments
- Seller login for vendors to manage their product listings