{"id":39322,"date":"2025-07-17T14:02:19","date_gmt":"2025-07-17T08:32:19","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/07\/17\/avance-technologies-limited-signs-non-binding-term-sheet-to-acquire-a-b2b-inventory-liquidation-marketplace-www-excess2sell-com\/"},"modified":"2025-07-17T14:02:19","modified_gmt":"2025-07-17T08:32:19","slug":"avance-technologies-limited-signs-non-binding-term-sheet-to-acquire-a-b2b-inventory-liquidation-marketplace-www-excess2sell-com","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/07\/17\/avance-technologies-limited-signs-non-binding-term-sheet-to-acquire-a-b2b-inventory-liquidation-marketplace-www-excess2sell-com\/","title":{"rendered":"Avance Technologies Limited Signs Non-Binding Term Sheet to Acquire a B2B Inventory Liquidation Marketplace www.Excess2Sell.com"},"content":{"rendered":"
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Mumbai (Maharashtra) [India], July 17: <\/b>Avance Technologies Limited, a BSE-listed technology solutions provider, is pleased to announce that it has signed a nonbinding term sheet to acquire India\u2019s premier tech-enabled B2B overstock inventory liquidation marketplace <\/span>www.Excess2Sell.com<\/b>.<\/span><\/p>\n

\"B2B
B2B overstock inventory liquidation marketplace<\/figcaption><\/figure>\n

The proposed acquisition is subject to due diligence and regulatory approvals. This strategic move marks Avance Technologies\u2019 entry into the high-potential, underpenetrated overstock inventory liquidation space, aimed at resolving one of the retail industry\u2019s most pressing challenges\u2014<\/span>unsold inventory<\/b>.<\/span><\/p>\n

About:<\/b> www.Excess2Sell.com<\/b><\/a><\/h3>\n

Founded with a mission to bridge the gap between excess inventory and value-conscious buyers,<\/span> www.Excess2sell.com<\/b><\/a> has developed a scalable platform that enables manufacturers, wholesalers, and retailers to liquidate surplus stock efficiently. The platform leverages smart pricing algorithms and consumer insights to maximize recovery value while offering customers high-quality products at discounted rates. Categories span <\/span>electronics, fashion, home goods, and lifestyle products<\/b>.<\/span><\/p>\n

How the Platform Works<\/b><\/h3>\n

Excess2Sell provides a streamlined and tech-driven solution for businesses looking to <\/span>liquidate, discover, and manage overstock inventory<\/b>. Through its intuitive mobile application and web-based platform, users can register their business, complete KYC, and gain instant access to surplus inventory deals across various categories like electronics, fashion, home goods, and more.<\/span><\/p>\n

The app allows users to <\/span>sell, buy, or make counter-offers<\/b>, supported by real-time pricing tools and smart listing features.<\/span><\/p>\n

\u201cBuilding on this vision, the proposed acquisition of Excess2Sell will enable Avance Technologies to integrate its robust technological infrastructure with a proven marketplace model, unlocking new avenues for growth in both B2B and B2C segments,\u201d<\/span>
\n<\/span> \u2014 <\/span>Vijay Purohit, CFO of Avance Technologies Limited<\/span><\/i><\/p>\n

Disclosures, as required under applicable laws and regulations, will be made upon the occurrence of any material events or developments.<\/span><\/p>\n

About Avance Technologies Limited (ATL)<\/b><\/h3>\n

Avance Technologies Limited<\/b> (<\/span>www.avance.in<\/span><\/a>) specializes in the distribution of information technology (IT) products. The principal activities of the Company involve the resale of software and hardware.<\/span><\/p>\n

The company offers a wide range of services, including:<\/span><\/p>\n