mJunction, the world’s largest steel eMarketplace goes live with Solveda delivering the project

mJunction, an ambitious eCommerce initiative promoted jointly by India’s largest private sector firm Tata Group and the Steel Authority of India today ranks as India’s largest eCommerce venture by transaction volume. An estimated INR 1,60,000 crores (over $30B) has been transacted via its various commerce channels. Today mjuntion is also the world’s largest steel eMarketplace and has been credited with transforming the steel and coal supply chain in the country. It has been widely hailed as a model that brings greater transparency and efficiency in an ecosystem known for rampant inefficiencies and corruption.

mjunction had selected IBM Websphere Commerce as its commerce engine and partnered with Solveda for a complex solution design . Solveda has succesfully delivered the project and now mjunction looks forward to building on this platform to scale to the next generation of its eCommerce business goals.