Indian Gas Exchange
India’s first automated national level Gas Exchange to promote and sustain an efficient and robust Gas market and to foster gas trading in the country.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor investor | €0.0 | round | |
| N/A | €0.0 | round | |
* | N/A | Early VC | |
| Total Funding | 000k | ||
IGX India, accessible at igxindia.com, is a dynamic startup operating in the energy sector, specifically focusing on the natural gas market. The company functions as a gas exchange platform, facilitating the trading of natural gas across various regional hubs in India. These hubs include Northern, North Eastern, Western, Eastern, Central, and Southern regions, ensuring comprehensive coverage and accessibility for clients nationwide.
IGX India primarily serves a diverse clientele comprising energy producers, large industrial consumers, and utility companies. By providing a structured marketplace for natural gas trading, IGX India enables these clients to buy and sell gas efficiently and transparently. The company operates within the broader energy market, which is crucial for the country's economic and industrial activities.
The business model of IGX India revolves around acting as an intermediary that connects buyers and sellers of natural gas. It offers a premium multipurpose admin dashboard for its members, which includes various tools and features to facilitate smooth trading operations. Members can sign in to access this dashboard, manage their trades, and monitor market trends.
IGX India generates revenue through membership fees and transaction fees. Clients pay to become members of the platform, gaining access to its trading services and tools. Additionally, the company earns a commission on each trade executed on its platform, providing a steady stream of income.
In summary, IGX India is a specialized gas exchange platform that enhances the efficiency and transparency of natural gas trading in India. It serves a wide range of clients in the energy sector and operates through a membership-based business model, earning revenue from membership and transaction fees.
Keywords: natural gas, trading platform, energy sector, regional hubs, membership, transaction fees, industrial consumers, utility companies, marketplace, transparency.