Bank Auctions in India | | Read Startups


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Website :

Founders :

Yerneni Bhargav, Managing partner
Y P Rao, Founder,
S S H Satyanarayana, Chief General Manager, A retired Asst. General Manager of SBI
B S Babu Rao , General Manager, A retired Chief Manager of SBI
Dr Vidyanandam K, Ph.D , General Manager, A retired Chief Manager of SBI
N R Viswanathan, B.Com, Manager
U Subba Rao, MBE , Manager
Ch..Priyanka, MBA, Manager
and 8 others

Founded : 111

Description : - India's one and only internet portal exclusively listing auction properties of the banks and financial institutions, has made great progress in serving both the banks and public. It is Worlds No. 1 free foreclosure listing service provider and their another portal BankAuctions.IN is one among the seven E auction service providers in India. State Bank of Hyderabad, Eluru Regional office has certified that their services of E Publicity & conducting E Auctions are Excellent and Central Bank of India, Visakhapatnam has certified that their services are commendable.
The website is on its way to fulfill its mission of creating a market for auction of properties in India by educating more and more people who were oblivious to the auction property market and giving them an alternative to the conventional properties. &

Current Rating : 0.0

Products :

a. publicity publishes the Auction notices online in 34 cities. Daily free e mail alerts are being sent to 63,000 registered investors to select required properties.
b. â e-auctionsâ : one among seven e Auction service providers in India.
c. "open ended Auctions"-to sell technically written off NPA's of Banks

Funding :

Interacting with one VC for funding of 130 Lakhs and expecting to close the deal during Jan 2014.

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