About Us

MatexNet is India’s leading and most reputed private online auction portal operating in the specialised space of buying and selling surplus inventory. Incorporated in 1995, MatexNet provides a comprehensive online marketplace for companies to buy and sell residual and superfluous inventory – from raw material, machinery and industrial by-products to non-performing and stressed assets. Our service offerings include e-procurement of logistics services and transport contracts, tender management, as well as purchase and sale of repossessed vehicles, properties and gold.

Headquartered in Chennai, India, MatexNet is India`s first and largest B2B, private, e-commerce portal with over 1000’s of regular sellers and potential registered buyers registered on the site. An IT Act, 2000 compliant company, we offer our clients a secure, confidential and dynamic platform to search, identify and bid for a wide range of products in highly focused auctions. Today matexnet.com transacts over Rs 3000 crore annually.

For more than a decade we have offered assistance for disposal/procurement of inventory, asset and collaborative requirements of some of the country’s largest organizations. Our client base includes leading private corporations, public sector undertakings, government bodies, and financial institutions like Larsen & Tubro, Vedanta Group, ICICI Bank, Aditya Birla Group, JCB Ltd and Murugappa Group. For more details you may visit www.matexnet.com

Matex Properties - A comprehensive list of Repossessed properties by banks and financials are listed that would enable easy search and conclude on the purchase of such properties. These assets are directly sold by banks and financial institutions through a transparent methodology.

Our service offerings include comprehensive, client-specific solutions for surplus inventory, used plant and machinery and connecting Small and Medium Enterprises to Large Corporates. Our focus on seamless business process execution enables us to provide true partner-type solutions that lead to significantly reduced long term costs and initial implementation expenses – unlike straight-jacketed software products or services vendors whose focus is primarily on the technology and their products.

MatexNet is managed by a team of committed and experienced leaders, who bring with them speciality knowledge alongside the prerequisites of being a part of MatexNet – innovation and flexibility. We are a team of over 150 people across the country, with 14 branch offices and have residential representatives in 8 other cities across India. Over the last decade our human resource capital has grown into a quality pool of well-networked specialists with in-depth experience in handling the movement of goods and services in and out of organisations, across industries.

We have several websites that cater to various requirements of our clients.

  • www.matexnet.com
  • www.matexauctions.com
  • www.matexmotors.com
  • www.proctek.in
  • www.cipstrainingindia.com

For More details mail us to matex@matexnet.com