Augmont Launches 'Buyer Bazar'

It is a dedicated jewellers’ buyer-seller networking hub & luxurious co-working space


Buyer Bazar by Augmont is a revolutionary and exclusive networking hub for jewellers located at ‘the Gold destination’ of India- Zaveri Bazaar, Mumbai. Jewellers can find easy access to sellers, profit from good deals, network with fraternity and save money-all under one roof in a luxurious state-of-the-art office. Buyer Bazar's managing director is Jitesh Jain, a veteran in this industry who understands the pulse of the jewellers. Buyer Bazar is supported by India Bullion and Jewellers Association (IBJA) and Gem and Jewellery Domestic Council (GJC). 

Currently, retailers all over India flock to Mumbai's Zaveri Bazaar regularly to deal with jewellery sellers. And most of the times, sellers also send their salespeople with jewellery to various retailers' doorsteps across India. This is not only risky but time consuming and inefficient. With the use of Augmont Goldtech's technology platform and a premium physical operating space in the heart of Zaveri Bazar, Buyer Bazar will solve all the problems that buyers and sellers face today in dealing in this industry. Some of the benefits include:

Digital & Physical

It enables omni-channel B2B connectivity and trade

Save time & money

Save time and money that you would have otherwise spent on finding and meeting relevant sellers

Profit from good deals

Easy access to more suppliers means profitable deals

Larger product range

More suppliers will give buyers access to larger, diversified product range


Connect with your fraternity, expand your business horizon and seek new opportunities

State-of-the-art Amenities

Get free pick-up and drop facility, preferential access to weekend markets, logistics and insurance services, shower room/green room facility, backend support staff, etc.

Zaveri Bazar is space crunched and cost of space is very high. More so, buyers across India need not have a permanent office there especially when one visits a few times in the year. "Buyer Bazar" membership makes so much sense and addresses this gap. It has luxurious interiors, is located in the best building of Zaveri Bazar - 'Bullion House' and hosts all services like parking, security, housekeeping, food and beverages, etc which is otherwise a headache to manage.' said Mr Vikas Kataria of DP Jewellers from Ratlam (Madhya Pradesh) who became a member as soon as it was launched.

'The interiors of each of the workspace has been made as per the needs of the jewellers. Unlike commercial co-working spaces, this place is made of opulent Italian marbles and luxurious wooden furniture. Each of the cabins are themed around major cities across the world which are significant to the gold industry. These include London, Sydney, Johannesburg, Chicago, Toronto, etc. In the later phases, more space and a high end terrace café will be added.' said Priyank Jain, vice-president of Buyer Bazar. Even if buyers are able to save a few percentage points on their deals, their membership becomes worth it. 

Besides this Augmont also enables jewellers' customers to recycle their old gold for new jewellery or to deposit under the Government of India's Gold Monetization Scheme (GMS).  

Tags assigned to this article:
Augmont Buyer bazaar Gold Monetization Scheme

Around The World

Our Publications