The Lapasar founding team
In order to grow his company Raxxon Diagnostics, which imported medical devices and sold them to local clinics and hospitals in Malaysia, Kumar participated in tenders to acquire new customers. But he soon realised that the whole process was quite non-transparent and the winners of tenders were ‘fixed’.
“One day, my brother Lakshman Das, who was my business partner then, asked me to think about developing a platform, on which vendors could simply list their products for potential buyers. A fair, transparent and merit-based way of purchasing, which would provide vendors an equal opportunity to sell their products. This is how Lapasar was born,” Kumar tells e27.
Source from e27