The Yarn Bazaar

The Yarn Bazaar is a holistic B2B yarn marketplace offering convenient buying and selling services to textile players. This is one of its kind platform that also offers logistics, sampling, and seller reviews to the buyers. The Yarn Bazaar has greatly revolutionized the textile industry in India with its advanced capabilities.

Back in 2018, yarn selling and buying was extremely dominated by middlemen. Where sellers and buyers had minimum control over the process. This leads to extreme ambiguity and mismanagement.

With absolutely no reference to look upon, we took the opportunity given to us to streamline an extremely disrupted market.

Sphinx Solutions helped The Yarn Bazaar to build a robust app that allows buyers and sellers to collaborate without any hassle anytime, anywhere. We developed web and mobile applications for The Yarn Bazaar to help them streamline the textile industry's processes.

The Yarn Bazaar bought the idea of developing an online B2B holistic yarn marketplace. They wanted to build an all-in-one platform for the yarn industry that offers trading, lending, and logistic services.

The new digital solution ensures that traders and sellers get access to comprehensive information such as yarn quality, bonafide yarn prices, quantity, and foremost negotiation.

In yarn trading, many different practices take place, such as the bidding and negotiation process. The Yarn Bazaar wanted to digitalize the entire process without letting buyers and sellers miss any of the touchpoints that is essential for the efficient buying and selling of the yarn. Sphinx Solutions helped them establish a framework that allows all these functions along with complete user security. Helping them achieve their vision minimizing the failure risk.

There were several important considerations that we were expected to meet. The new site would launch with a limited product portfolio, so it needed to be scalable for the Yarn Bazaar to onboard new sellers and buyers as per growing future demands. It would also serve as a ‘blueprint’ that could be cloned and customized to create more sites in the near future. These were all stipulations we had to take into account throughout the project.

Sphinx Solutions helped The Yarn Bazaar transform the traditional yarn trading industry into an advanced online B2B marketplace. We helped them to achieve their goal of building an online business network for buying and selling yarns.

Our team of experts and professionals precisely took note of the features that The Yarn Bazaar required. Then, our team strategized and developed web and mobile applications for their business according to the needed functionalities and capabilities

These robust apps have several features and allow users to create company profiles, list products, carry out product comparisons, and request samples. Built with market intelligence and flexible finance options, The Yarn Bazaar web and mobile apps has helped transform the trading process of yarns.
The Yarn Bazaar was thrilled to see the hard work which Sphinx Systems put in to make the complete product from scratch. The application became so popular among the users that, within record time, it attracted several yarn buyers and sellers.

The complete investment that the founder did to create this application paid off when they received appreciation and over one crore rupees investment from judges in the very popular tv show ‘the shark tank.’

Watch the complete episode of shark tank Yarn Bazaar here on YouTube

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