Avance Technologies to Acquire India's Premier B2B Overstock Inventory Liquidation Marketplace Excess2Sell.com

Avance Technologies Limited, a BSE-listed technology solutions provider, has signed a non-binding term sheet to acquire Excess2Sell.com, India's leading tech-enabled B2B platform for excess, open-box, return inventory liquidation. The acquisition, subject to due diligence and regulatory approvals, marks Avance Technologies’ entry into the high-potential, underpenetrated overstock inventory liquidation space. Excess2Sell.com, founded in 2017, has developed a scalable platform that enables manufacturers, wholesalers, and retailers to liquidate surplus stock efficiently. The platform leverages smart pricing algorithms and consumer insights to maximize recovery value while offering customers high-quality products at discounted rates. Categories span electronics, fashion, home goods, and lifestyle products.