Srei Group has launched iQuippo.com, a digital marketplace for online sale and leasing of construction and mining equipment. The new intiative will be an online platform similar to the popular ones like Amazon and Flipkart, but the first-of-its-kind for sale and lease of heavy machinery, according to the company. According to the company, the new online platform will allow buying, sell and rental of new and used construction equipment. It will also have assisted services. Owners will have to list their assets and services, can negotiate with buyers, generate invoices and make payments.
The company plans to aggressively tie up with the partners of manufacturers, financiers, brokers, insurers among others to make this online platform one of its kind in India and globally.