Mumbai: B2B e-commerce marketplace L&T-SuFin announced that it is on track to reach an annualised Gross Merchandise Value (GMV) of US$1 billion by FY26.
As of July 2025, L&T-SuFin reported a Year-To-Date GMV of US$215 million, reflecting a 2.35 times surge compared to US$91 million in July 2024. The platform currently hosts over 50 product categories and 750,000 SKUs, catering to more than 60,000 businesses across the country.
Launched in March 2022 by Larsen & Toubro (L&T), L&T-SuFin was created to strengthen B2B trade in India by integrating supply chain and financing solutions.
Specialising in industrial and construction products, the platform is accessible through desktop, mobile app, and WhatsApp. It enables MSMEs to procure commodities, consumables, and MRO products via a Request for Quotation (RFQ) mechanism, ensuring transparency and cost-effectiveness.
L&T-SuFin Expands B2B Marketplace Offerings
L&T-SuFin offers working capital financing for buyers and sellers through financial partners, enabling transaction-specific funding, faster payments, and better liquidity. The marketplace also employs its proprietary “TRUST Seal” system, which assesses creditworthiness, business ethics, and reliability of trade partners.
The platform provides logistics services across 21,000 postal codes in India. In 2025, it launched its private-label safety products, which have already gained significant traction in the marketplace. Operating on a unique model of no working capital, no credit, and no outstanding payments, L&T-SuFin has positioned itself as both sustainable and scalable.
Commenting on the company’s progress, Bhadresh Pathak, Chief Executive of L&T-SuFin, said, “We are leveraging L&T’s global presence while preparing for international expansion. Our financing solutions complement traditional credit lines and ensure liquidity across trade.”
D K Sen, Advisor to the Chairman & MD of L&T, added, “The platform plays a crucial role in our Lakshya strategy by expanding new-age businesses and contributing to L&T’s revenue growth. With its rapid rise, SuFin is firmly on course to achieve US$1 billion GMV in FY26.”
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