NEML
NEML (NeML / NCDEX eMarkets) is an India-based B2B electronic auction platform for agricultural commodities, primarily serving government procurement agencies such as Nafed for pulses and oilseeds auctions, monetizing via a 0.03% transaction fee.
- Company typePrivate
- Founded2006
- HeadquartersMumbai, India
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
NEML firmographics
Firmographics- Name
- NEML
- Legal name
- NEML
- Website
- https://neml.in
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- NEML (NeML / NCDEX eMarkets) is an India-based B2B electronic auction platform for agricultural commodities, primarily serving government procurement agencies such as Nafed for pulses and oilseeds auctions, monetizing via a 0.03% transaction fee.
- Ownership category
- akta.pro rank
Where NEML is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Markets served
NEML business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure
Revenue model
- Transaction Fee Revenue: NEML charges a 0.03% transaction fee on agricultural commodity auctions conducted through its platform, serving government procurement agencies and cooperative federations for selling pulses and oilseeds.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Transaction-based fee model |
Distribution channels1 record
NEML product offering
Product offeringCore offering
NEML (NCDEX eMarkets) operates an electronic auction platform for trading agricultural commodities, primarily pulses and oilseeds. The platform enables government procurement agencies and cooperative federations to conduct transparent e-auctions, charging a 0.03% transaction fee per auction. NEML also provides agricultural marketing and warehousing services supporting the commodity supply chain.
Differentiator
Problem solved
Functional benefit
Products and services
- NeML E-Auction Platform (NCDEX eMarkets) An electronic auction platform for conducting transparent e-auctions of agricultural commodities, primarily pulses and oilseeds, sold by government procurement agencies and agricultural cooperative federations in India. The platform charges a 0.03% transaction fee per auction and handles approximately 5.3 million tonnes of commodity volume annually on behalf of Nafed.
- Agricultural Marketing Services Marketing services for agricultural commodities supporting farmers and institutions, including market linkage and price discovery support for agricultural produce.
- Warehousing Services Warehousing services for agricultural commodities, supporting storage of pulses, oilseeds, and other farm produce in conjunction with the e-auction and marketing offerings.
Companies that use NEML
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
NEML technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
NEML partnerships and signals
Strategic signalScale indicators1 record
NEML competitors and assessment
Company assessmentEmerging players
- DeHaat: Indian agri-tech platform providing farm inputs, advisory, and market linkage services. Comparable as adjacent player serving Indian farmers and institutional agricultural markets.
- National Bulk Handling Corporation (NBHC): Provides post-harvest agri services including warehousing, collateral management, and commodity quality testing in India. Comparable through overlapping warehousing and agricultural services offerings.
- Agrostar: Indian agri-tech platform offering agricultural inputs and advisory to farmers. Comparable through shared customer base of Indian farmers and institutional agricultural markets.
- StarAgri: Indian agri-services company offering warehousing, collateral management, and commodity services. Comparable in the agricultural services space, especially given NEML's warehousing activities.
Direct peers
- E-Teach: Private e-auction platform, like NEML, currently used by Nafed for auctioning pulses and oilseeds under India's price support scheme. Competes head-to-head in the government commodity auction space.
- mjunction services: One of the three private e-auction platforms (alongside NEML and E-Teach) currently used by Nafed to auction pulses and oilseeds in India. Direct competitor in the same commodity e-auction category.
Broad incumbents
- Multi Commodity Exchange of India (MCX): India's largest multi-commodity derivatives exchange. Comparable through Indian commodity market infrastructure, though MCX focuses on derivatives while NEML operates physical commodity e-auctions.
- NCDEX (National Commodity & Derivatives Exchange): NEML's parent and India's leading commodity derivatives exchange. Comparable through shared commodity market infrastructure and customer relationships, though NCDEX operates derivatives while NEML runs physical commodity auctions.
- Nafed (Nafex.in): India's largest agricultural cooperative federation launching its own self-operated e-auction portal (Nafex.in) in January 2026, directly competing with NEML by bringing commodity auction infrastructure in-house.
Regional players
- Sohan Lal & Sons (Commodity Logistics): Indian agri-logistics and warehousing company providing storage and collateral management for agricultural commodities. Comparable through overlapping farm product warehousing and storage services.
Market position
Customer concentration
NEML social profiles
Digital presenceNEML financial estimates
Financial estimateRevenue estimate
Valuation estimate
NEML leadership team
Management profileNumber of profiles
NEML funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NEML M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NEML
What does NEML do?
NEML (NCDEX eMarkets) operates an electronic auction platform for trading agricultural commodities, primarily pulses and oilseeds. The platform enables government procurement agencies and cooperative federations to conduct transparent e-auctions, charging a 0.03% transaction fee per auction. NEML also provides agricultural marketing and warehousing services supporting the commodity supply chain.
Is NEML a public or private company?
NEML is a private company. It is classified as corporate owned and is currently operating.
When was NEML founded?
NEML was founded in 2006. It employs 101 to 250 people.
Where is NEML based?
NEML is headquartered in Mumbai, India, in the Asia region.
How does NEML make money?
One revenue line is on record: transaction Fee Revenue.
Who are NEML's main competitors?
Emerging players on record are DeHaat, National Bulk Handling Corporation (NBHC), Agrostar and StarAgri. Direct peers are E-Teach and mjunction services. Broad incumbents are Multi Commodity Exchange of India (MCX), NCDEX (National Commodity & Derivatives Exchange) and Nafed (Nafex.in). Sohan Lal & Sons (Commodity Logistics) is listed as a regional player.
Does NEML have an API?
No public API is recorded for NEML.