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Bangalore, 05 May 2022: Infratech startup YantraLive today said that it is participating in EXCON 2022, the largest construction equipment exhibition in South Asia. EXCON 2022 is scheduled to be held from 17th to 21st May 2022 at Bangalore International Exhibition Centre (BIEC), Bengaluru, Karnataka, India. YantraLive runs India’s largest B2B online platform for sales and servicing of heavy equipment and their components or spare parts.
YantraLive will be participating in the special AI Pavilion and will showcase how cutting-edge technology is enabling better management of heavy equipment, resulting in minimization of downtime and maximum asset utilisation. The Bangalore-based company has set up a large stall inside Hall 4 of BIEC. The entire founding team of YantraLive will be present on all five event days. The team will also hold exciting offers and events for the visitors at EXCON 2022.
Ravi Rao, Co-founder of YantraLive said, “We are thrilled to be participating at EXCON 2022 for a third time and are expecting to host more than 5,000 visitors to our stall. The senior team of YantraLive is looking forward to interacting with heavy equipment owners, users, vendors as well as financial partners as we exhibit the seamless fusion of technology to better manage and optimise the use of heavy equipment in construction, mining and other industries.”
YantraLive was conceived to solve the information asymmetry problem for thousands of heavy equipment owners, many of whom are located in remote parts of India. The startup has grown its revenues by 10 times in the last year and is currently registering an annualised run rate of ₹60 crore (US$ 8.1 Million) in revenues. YantraLive’s technology platform is the first of its kind in the industry and is disrupting the way heavy equipment related parts, services and machinery is being purchased.
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