Global Trade Plaza Launches New AI Sourcing Suite to Accelerate Procurement for SMEs Worldwide
New Delhi, India – In a groundbreaking step towards digitizing international procurement for small and medium-sized enterprises (SMEs), Global Trade Plaza today launched its AI Sourcing Suite—a completely integrated suite of artificial intelligence solutions aimed at automating supplier discovery, quote creation, and order monitoring.
A Benchmark for the India-Based B2B Marketplace
The launch represents a significant milestone for the India-headquartered B2B marketplace, which has now reached more than 100,000 business-verified users and supported over 500,000 international transactions in the past 12 months alone. Designed exclusively for SMEs that are involved in cross-border trade, the new suite provides a complete digital procurement experience without the complexity associated with traditional ERP systems.
“This launch isn’t just a platform upgrade—it’s a turning point for digital procurement in emerging markets,” said Pulkit Dwivedi, spokesperson for Global Trade Plaza. “By bringing AI directly into sourcing and negotiation, we’re helping businesses save time, reduce costs, and source globally with confidence.”
What’s Included in the AI Sourcing Suite
The newly released AI suite is available to all registered Global Trade Plaza users and includes:
- Smart Supplier Matching: Computer-programmed software that pairs buyers with pre-screened suppliers according to product specifications, price history, and shipping area.
- Auto-RFQ Generator: Facilitates automatic generation of professional Request-for-Quote documents from intelligent templates.
- Live Procurement Dashboard: Buyers can monitor quote replies, vendor performance, and order status in real time.
- Multilingual Interface: Provides users from different regions the opportunity to communicate in their chosen language for easy worldwide communication.
The firm has confirmed the AI tools have been deployed across all categories of platforms, including industrial equipment, consumer goods, chemicals, and agriculture.
Milestone Growth and Global Expansion
The AI Sourcing Suite release comes after a phase of tremendous growth for Global Trade Plaza. During Q2 2025, the firm:
- Onboarded more than 10,000 new Southeast Asian, Middle Eastern, and African SMEs
- Rolled out its supplier verification program to eight more countries
- Increased platform retention by 37% through improved sourcing efficiency
These gains are fueling the company’s ambition to become the leading digital procurement ecosystem for the underserved SME sector in global trade.
“We’ve reached the phase where scale meets intelligence,” said Dwivedi. “Procurement is no longer a back-office task. It’s a strategic growth lever—and our tools reflect that reality.”
Commitment to Verified Trade and Digital Efficiency
In contrast to conventional directories, Global Trade Plaza’s business model centers on authenticated trade interactions, with an emphasis on buyer trust and accuracy of data. Every supplier is screened multi-layered, and quote activity is stamped with a timestamp, minimizing fraud and sourcing bottlenecks.
The commission-free model of the platform allows the suppliers to have complete pricing control while gaining greater visibility to qualified international buyers.
Looking Ahead: A Focus on Automation and Expansion
Global Trade Plaza assured that it will launch more AI features towards the end of 2025, such as:
- Automated suggestions to close deals
- Buyer’s inventory forecasting capabilities
- Visual search for product matches via AI image recognition
As SMEs continue to seek procurement platforms that balance speed, trust, and data-driven features, Global Trade Plaza is the leading partner for effective, cross-border sourcing.
About Global Trade Plaza
Global Trade Plaza is a fastest-growing B2B marketplace in India, created to link verified suppliers and international buyers across various industries. With its emphasis on AI-powered sourcing, real-time procurement platforms, and access to global markets, the platform is enabling small- and mid-sized businesses to expand beyond geographical borders.
Website: https://www.globaltradeplaza.com
Media Contact
Organization: Globe Trad Plaza
Contact Person: Pulkit Dwivedi
Website: https://www.globaltradeplaza.com/
Email: Send Email
Country: India
Release Id: 28072531377
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