AgriComm Bazaar

A B2B commodity exchange for Indian agriculture. Cotton seeds and cotton bales traded by the ton, with the broker on the order, the settlement tracked and the payment reconciled, on a platform built to take the middlemen out of the middle.

Services
UI/UX strategy
Mobile app development
Web app development
Industry
B2B · Agri commodity trading
  • Case study cover: the AgriComm app on a phone, welcoming a trader above commodity tiles for cotton seeds and cotton bales, with cotton oil and cotton cake marked coming soon
  • Three AgriComm screens: an order for 25 tons showing the trader, the location and the broker with unloading and invoice actions, a settlement list of pending net payments, and a service fees table by order
  • The four commodities the exchange covers: cotton oil, cotton bales, cotton cake and cotton seeds
  • Case study cover: the AgriComm app on a phone, welcoming a trader above commodity tiles for cotton seeds and cotton bales, with cotton oil and cotton cake marked coming soon
  • Three AgriComm screens: an order for 25 tons showing the trader, the location and the broker with unloading and invoice actions, a settlement list of pending net payments, and a service fees table by order
  • The four commodities the exchange covers: cotton oil, cotton bales, cotton cake and cotton seeds

Overview

Together, Sphinx and AgriComm Bazaar

AgriComm Bazaar is an online B2B trading platform for agricultural commodities, cotton seeds and cotton bales to begin with. Their aim was to become the trusted technology partner in a corner of the market that had never had one.

Sphinx Solutions helped AgriComm Bazaar turn a business idea into a working digital exchange for agri commodity trading.

Technology has been reshaping manufacturing for years. Agricultural trading had stayed offline and traditional the whole time, and AgriComm wanted to be the thing that changed it.

They came to Sphinx Solutions with the idea of moving commodity trading out of the mandi and onto a platform. Our team went through it properly and turned it into something buildable that still answered the business case.

What we delivered let AgriComm raise customer satisfaction and average order value, make the process transparent, and give traders a reason to come back rather than a reason to phone someone.

Cotton Traded by the Ton, With the Broker on the Order

The challenge

AgriComm arrived with a niche idea: transparency in agri commodity trading. The market as it stood was run by brokers and middlemen, and nobody had built the alternative, so there was nothing to copy.

Automate the whole trading process for cotton seeds and cotton bales, in a way that suits the seller and the buyer at once, and break the barriers of traditional trading while you are at it.

The hard part was underneath. Multiple inventory locations and prices that move needed a backend that could carry both without falling over or lying to anyone.

The trade itself is only half a transaction. Delivery, unloading, invoices, a broker’s note, disputes, settlement and the payment reference all had to live on the same order, or the platform would just move the phone calls somewhere else.

And it had to be secure enough to carry agricultural trading across India, with no existing system to look at for how that should work.

The solution

Sphinx Solutions built AgriComm both a web app and a mobile app, aimed at standardising how cotton seeds and cotton bales are traded.

  1. Buy and sell commodities, view and compare rates, take trade credit insurance and settle a dispute, all in the same place.
  2. An order carries everything it should: the tonnage, the trader, the location, the broker, the bid, then unloading, approval, the invoice and the broker’s note.
  3. Settlement is tracked separately, pending against completed, with the net payment on each line and a service fees breakdown by order and quantity.
  4. Payments, insurance and logistics are a few taps rather than a few calls, and a payment reference can be uploaded against the order so the money and the trade stay joined up.

The point of all of it was to let traders work around the clock, skip the unnecessary calls, and get the best price on goods they can actually verify.

Customer testimonial

“The advanced digital platform gave our customers a strong foundation for continued growth.”

Tech stack

What It Was Built With

Questions &
Answers

What people usually ask about AgriComm Bazaar and about building something like it.

It runs through the same stages as any serious build: conceptualisation and project planning, deep market research, design planning and prototyping, choosing the tech stack, front-end and back-end development, testing and deployment, then ongoing support and maintenance.

Anywhere from $5,000 to $50,000. There is no fixed rate: it depends on how complex the app is, the tech stack, the developer’s hourly rate, the features and the category it falls into.

A marketplace ends at the sale. A commodity exchange has to carry the whole trade afterwards: delivery and unloading, the broker’s cut, invoices, disputes, settlement and the payment reference, across stock held in several places at prices that move. Getting that right is most of the work.

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