LockTheDeal is positioning itself as a revolutionary player in the B2B e-commerce sector, emphasizing its ambition to develop the largest marketplace catering specifically to energy and solar products. Founded in 2016 and headquartered in India, the company aims to disrupt traditional distribution models by offering a plethora of benefits to retailers and brands alike.
The platform provides features such as credit availability on user-friendly terms, transparent pricing, and personalized deals, while ensuring top-notch delivery and after-sales support. This comprehensive service offering is designed to attract retailers, dealers, and traders, enhancing their business flexibility and market reach.
On the brands' side, LockTheDeal facilitates the establishment of a tech-enabled, transparent sales network, thereby promoting efficiency and market penetration. The company secured a $6.00M Series A investment on December 20, 2018, with backing from Ncubate Capital Partners, underscoring investor confidence in its growth trajectory and business model innovation.