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The company was initially known as “Parts and More Pvt. Ltd.” since
it was originally intended to be a textile engineering trading subsidiary of the
founders original company Next Markets (India) Pvt Ltd.
The founders of Next Markets, Tapan Mehta and Sumeet Bhatt, then decide to look
at the eTendering space the name of the company was changed to Nextenders India
Pvt. Ltd. (NT). They set up the company in late 2002 along with Sujeet Bhatt and
John Band.
Nextenders is not only conscious of the value proposition it brings to its clients
through a world class product but the company continues to work with cutting edge
technologies and innovation with a focus on addressing key “pain points”
in terms of customer requirements.
The company has recently received its first round of funding by Rajasthan Ventures
(RVCF), a Government of Rajasthan company. Today, Nextenders is trusted by governments,
Public Sector Undertakings and corporates for its web-based eTendering and eProcurement
systems. The company has its operation in India and in parts of Europe, North America,
Asia and Africa.
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