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Draft:Transectra

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Transectra
Company typePrivate
IndustryE-commerce, Diamond Trading
Founded2024
FounderSaiyed Yahya
Area served
Global
Key people
Saiyed Yahya (Founder & CEO)
ServicesDiamond trading, verification, insurance, logistics
Websitehttps://transectra.com/

Transectra Global Diamond Marketplace is a private e-commerce platform based in Surat, Gujarat, India, established in 2024. The company focuses on diamond trading and offers services including verification, secure transactions, and logistics.[1][2][3][4]

Overview

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Transectra Global Diamond Marketplace facilitates diamond trading by connecting buyers and sellers through its platform. It incorporates smart contracts and a diamond verification system to enhance the transparency and security of transactions.[5]

Features

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  • Verification System: Provides a system to authenticate diamonds listed on the platform.[6]
  • Smart Contracts: Uses blockchain technology to secure transactions.
  • Logistics: Offers a delivery system aiming for 2-3 day delivery in metro areas.[7]

Expansion

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In 2024, Transectra expanded its operations with a new office in Surat, enhancing its capacity in one of India’s major diamond trading centers.[8]

Industry Impact

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Transectra participates in the "Make in India" initiative, supporting local traders and contributing to the enhancement of the diamond industry in India.[9]

References

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  1. ^ "Transectra introduces diamond trading platform". The Times of India. Retrieved 2024-09-12.
  2. ^ "Transectra introduces revolutionary diamond trading platform". The Economic Times. Retrieved 2024-09-12.
  3. ^ "Transectra introduces revolutionary diamond trading platform". Times Now News. Retrieved 2024-09-12.
  4. ^ "Transectra introduces revolutionary diamond trading platform". Business Insider. Retrieved 2024-09-12.
  5. ^ "Transectra Global launches trading platform". Xpert Times. Retrieved 2024-09-12.
  6. ^ "Transectra introduces revolutionary diamond trading platform". The Economic Times. Retrieved 2024-09-12.
  7. ^ "Transectra introduces secure logistics". Mumbai Mirror. Retrieved 2024-09-12.
  8. ^ "Transectra expands to Surat". Bombay Today. Retrieved 2024-09-12.
  9. ^ "Transectra and the Make in India initiative". The Weekly Mail. Retrieved 2024-09-12.

Category:E-commerce in India Category:Business Category:Surat-related lists